P2P Markets Report: Selling Drives Upswing in Emerging Markets’ Volume

The recent selling pressure experienced by BTC has driven a surge in the peer-to-peer trade volume for numerous emerging cryptocurrency markets. The Localbitcoins markets for the Philippines, Iran, and Kazakhstan have all seen a significant upswing in the number of bitcoins traded in recent weeks. Also Read: Blockchain States Lure Citizens with Political Nostalgia and Voting … Read more

Philippine SEC Approves Draft Rules for ICOs and Crypto

The Philippine SEC (Security and Exchange Commission) approved draft rules for initial coin offerings (ICOs), ABS CBN News reported. This official approval will pave the way for the legal sale of cryptocurrencies in the Philippines. The Securities and Exchange Commission has released, for public comment, the proposed rules to govern the registration of initial coin … Read more

Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full

The Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. Seventeen firms have already paid in full; 19 more are in the pipeline. Ceza expects to earn about $68 million from crypto licensing. Also read: Yahoo! … Read more

Philippine Central Bank Accredits Two More Bitcoin Exchanges Looking to Offer Fiat Trading

The Philippines is a very intriguing country when it comes to cryptocurrency activity. The nation is home to a growing Bitcoin ecosystem, mainly thanks to the help of the government and various domestic firms. The country’s central bank is now in the process of approving new exchanges, as two more trading platforms have been given … Read more

Philippines Embraces Cryptocurrency: Exchanges Issued Provisional Licenses

The Philippines Cagayan Economic Zone Authority (CEZA) announced it granted three cryptocurrency exchanges provisional license to operate. All three are foreign-based, including two from Hong Kong and one from Thailand. To gain annual approval, companies made substantial financial and employment investments in the country. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against … Read more

Philippines Government Approves Two New Crypto Exchanges

The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Accrediting Two New Crypto Exchanges The central bank of the Philippines, … Read more

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