New ASEAN blockchain consortium targets cross-border cooperation
The new ASEAN Blockchain Consortium aims to engage with regulators to ensure compliance and raise industry awareness. Go to Source Powered by WPeMatico
Philippines
Auto Added by WPeMatico
Report: Asia’s Cryptocurrency Landscape the Most Active, Most Populous Region ‘Has an Outsize Role’
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem … Read more
Exchange demands users return Bitcoin bought for $6K during tech glitch
An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what happened. Go to Source Powered by WPeMatico
Philippines’ central bank to license crypto trading and custody firms
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers. Go to Source Powered by WPeMatico
Ripple Is Selling 33% of Its Stake in Moneygram
Ripple Labs Inc. is selling 4 million of its shares in Moneygram, or about a third of its total shareholding in the company. The decision seems in part to be motivated by the surging Moneygram share price and Ripple’s desire to cash out after buying the shares at a premium of $4.10 in 2019. At … Read more
Philippines’ central bank isn’t ready to pull the trigger on a CBDC
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money. Go to Source Powered by WPeMatico
Philippine central bank embraces digital tokens
The Philippines is really interested. Go to Source Powered by WPeMatico
Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault
The Philippines SEC has identified ‘Mining City’ as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment. Go to Source Powered by WPeMatico
One Month On, Forsage Continues Despite SEC’s Ponzi Warnings
Forsage members are courting a high risk with the Philippines’ securities regulator. Go to Source Powered by WPeMatico
Philippines Central Bank Becomes the Latest to Consider Issuing a CBDC
The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. Go to Source Powered by WPeMatico