The Philippines’ top payment provider adds crypto to its mobile app
With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies. Go to Source Powered by WPeMatico
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Yield Guild Games Raises $1.45M for Philippine Typhoon Relief
The relief fund has been used to purchase essential goods like medicines, power generators, and canned food for affected communities in the Philippines. Go to Source Powered by WPeMatico
Union Bank of Philippines to Offer Crypto Trading and Custodial Services
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial Services Union Bank of the Philippines (UBP), also known as Unionbank, plans to offer cryptocurrency trading and custodial … Read more
Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report
This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries … Read more
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar? Go to Source Powered by WPeMatico
Philippine regulator tells Axie Infinity players they must pay tax on income from game
The Philippine government is yet to determine whether Axie’s in-game NFTs should be classified as securities or currency. Go to Source Powered by WPeMatico
Finder’s Poll Shows Vietnam Holds the Highest Percentage of Crypto Ownership Worldwide
On Friday, the product comparison website Finder published the company’s August Cryptocurrency Ownership Report, which surveyed 42,040 citizens across 27 countries. The report ranks countries by digital currency adoption and it shows regions like Vietnam, Indonesia and India have the highest number of people who reported owning cryptocurrency. In Terms of Crypto Ownership Vietnam, Indonesia, … Read more
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s On-Demand Liquidity Ripple Labs announced Wednesday “the launch of Ripplenet’s first live On-Demand Liquidity (ODL) service implementation in Japan” in … Read more
Philippine Stock Exchange wants to launch local crypto markets first
The Philippine Stock Exchange is waiting for the local SEC to issue guidelines for crypto trading. Go to Source Powered by WPeMatico
Major Philippine e-wallet GCash eyes crypto trading
One of the most popular e-wallets in the Philippines, GCash, is considering a potential move into crypto following the example of PayPal, Venmo and others. Go to Source Powered by WPeMatico