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There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community, and one of its largest banks has engaged in multiple crypto projects. Also … Read more
The new, bank-backed cryptocurrency — dubbed PHX — is being implemented on UnionBank’s i2i platform Go to Source Powered by WPeMatico
The Philippines-based UnionBank has completed a blockchain-based remittance pilot as part of an ongoing effort to expand financial inclusion Go to Source Powered by WPeMatico
The number of approved cryptocurrency exchanges has been growing in the Philippines. In addition to 11 operators registered by the central bank, the Bangko Sentral ng Pilipinas, there are 37 other crypto exchange operators licensed by the government-owned Cagayan Economic Zone Authority. Also read: FATF Releases Global Standards for Crypto Assets 11 Crypto Exchanges Registered … Read more
The Phillippinegovernment has signed an agreement with blockchain firm Monsoon, hoping to improve its business and cybersecurity sectors through blockchain tech Go to Source Powered by WPeMatico
Learn more about cryptocurrency safe spaces, where fintech ventures are encouraged to delve into crypto and blockchain — from Switzerland to the Philippines Go to Source Powered by WPeMatico
The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing and said the institution will continue to surveil their use in the country Go to Source Powered by WPeMatico
BitMEX Ventures has invested in a crypto exchange licensed by the central bank of the Philippines Go to Source Powered by WPeMatico
Bitspark will release a Philippine Peso backed stablecoin for money transfers dubbed “peg.PHP” Go to Source Powered by WPeMatico
The Philippines is catching up to Japan with a growing number of approved cryptocurrency exchanges. The central bank has green-lighted 10 crypto exchanges so far. Meanwhile, one of the country’s largest banks now has a bitcoin ATM at one of its main branches. In addition, the Cagayan Economic Zone Authority has independently licensed 24 crypto … Read more