Law Decoded, Aug. 8-15: In the eye of Tornado Cash
U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. Go to Source Powered by WPeMatico
Philippines
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Crypto needs ‘enabling environment,’ Philippines central bank says
The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender. Go to Source Powered by WPeMatico
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet. Unionbank to Add In-app Crypto Exchange Feature, Reportedly a First … Read more
Philippines Will Stop Accepting Crypto License Applications for 3 Years, Regulator Says
The central bank of the Philippines, Bangko Sentral ng Pilipinas, has announced that it will stop accepting crypto license applications for three years, starting next month. The central bank is the primary regulator of the crypto sector in the Philippines. Philippines Halts Accepting Crypto License Applications The Philippine central bank, Bangko Sentral ng Pilipinas, announced … Read more
SEC Philippines to investigate Binance over alleged illegal operations
A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country. Go to Source Powered by WPeMatico
Philippines’ digital transformation could make it a new crypto hub
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals. Go to Source Powered by WPeMatico
Bitcoin trading volumes post new high in Philippines peso on Paxful
Weekly Bitcoin trading volumes in the Philippines peso were steadily growing on Paxful this year and eventually hit a new high in July. Go to Source Powered by WPeMatico
Binance ban off the cards, says Philippine trade and industry department
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank. Go to Source Powered by WPeMatico
Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there … Read more
Philippines’ fintech achieves unicorn status after embracing crypto payments
Voyager reportedly plans to integrate cryptocurrencies, micro investments and insurance products into PayMaya, which already includes a digital wallet. Go to Source Powered by WPeMatico