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The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce their reliance on the U.S. […]Powered by WPeMatico
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for […]Powered by WPeMatico
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies Philippine regulators recently discussed cryptocurrency regulation with some executives from the crypto industry in a […]Powered by WPeMatico
The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by the Financial Action Task Force (FATF), according to the central bank. Philippine Central Bank Introduces New Rules […]Powered by WPeMatico
Six days ago news.Bitcoin.com announced the launch of Local.Bitcoin.com, a peer-to-peer marketplace that allows people to trade bitcoin cash (BCH) in a private manner. Since then there have been roughly 14,000 accounts created so far, and many people are actively trading throughout various countries worldwide. Also read: G20 Starts Crypto Discussions – A Look at […]
The post Local.Bitcoin.com Shows Lots of Active BCH Listings From Traders Worldwide appeared first on Bitcoin News.
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The Filipino central bank has revealed that the trade between fiat and cryptocurrencies on authorized bitcoin exchanges in the Philippines has maintained its high level for the country from the boom time of late 2017 during the first quarter of this year. Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown […]
The post Cryptocurrency to Fiat Transactions Remain High in the Philippines appeared first on Bitcoin News.
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The Philippine Securities and Exchange Commission (SEC) has indicated that it is currently developing a regulatory framework designed to govern cryptocurrency transactions. The regulator emphasized the need for legislation pertaining to initial coin offerings (ICOs) in particular. Also Read: Venezuela Releases Petro Whitepaper Ahead of ”$5 Billion ICO” Philippine SEC to Partner With Overseas Counterparts The […]
The post Philippine SEC to Develop Cryptocurrency Regulations appeared first on Bitcoin News.
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