Philippine authorities receive request to ban Binance
The Philippine Department of Trade and Industry has received a letter urging an investigation into Binance over illegal marketing campaigns.
Philippine authorities receive request to ban Binance
The Philippine Department of Trade and Industry has received a letter urging an investigation into Binance over illegal marketing campaigns.
Changpeng Zhao outlines Binance plans to obtain a license in the Philippines
The cryptocurrency exchange Binance plans to apply for licenses as a virtual asset service provider and electronic money issuer in the Philippines. The announcement was made by Changpeng Zhao.
Tiger Global and Ripple back Philippine PDAX in $50 million funding round
PDAX raised more than $50 million in a Series B funding round led by the American investment firm Tiger Global Management.
Philippines’ largest bank to offer crypto trading and custody
UnionBank, the Philippines' largest bank, will add crypto trading and custody services to its offerings, Bloomberg reports.
Philippine authorities propose taxing Axie Infinity token transactions.
Against the popularity of the Axie Infinity NFT project in the Philippines, merchants began accepting in-game Smooth Love Potion as a form of payment. The scale of deals has reached such volumes that the Philippines’ Department of Finance took an interest in the matter.
Philippines’ largest bank to pilot crypto-custody service
The Philippines' largest bank, UnionBank, and Hong Kong-based crypto custodian Hex Trust, will launch a digital-asset custody service in line with local regulator requirements, Forkast reports.
Philippine Stock Exchange plans to offer cryptocurrency trading
The Philippine Stock Exchange plans to offer cryptocurrency-related services, according to its president and CEO Ramon Monzon.
Media: GCash mobile wallet has not ruled out cryptocurrency support
The Philippine fintech company Mynt is exploring the possibility of introducing a feature to buy, sell and store cryptocurrencies in the GCash mobile wallet. This was reported by the local news agency Philstar Global.
Philippine authorities require crypto firms to obtain licenses
The Central Bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), announced the introduction of mandatory licensing for companies providing cryptocurrency services. This was reported by the local publication Inquirer.
Philippine central bank doubts imminent CBDC launch
The Philippine central bank's working group sees a need for further study into the possibility of issuing its own CBDC, said regulator head Benjamin Diokno. This was reported by Inquirer.
Philippine central bank begins study into issuing its own digital currency
The Philippine central bank has formed a working group to study the need for, and potential consequences of, issuing its own digital currency (CBDC). Bloomberg reports, citing the central bank governor, Benjamin Diokno.
Western Union Integrates with Coins.ph’s Crypto Wallet
Coins.ph, one of the Philippines’ leading Bitcoin companies, and money transfer giant Western Union has announced a collaboration to enable more than five million customers to receive international and domestic money transfers directly into their digital wallets in the Philippines.We use cookies to improve the quality of our service.
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