Tag: Philippines

Philippines CBDC to Launch in 2 Years as Safer Crypto Alternative

The central bank of the Philippines, Bangko Sentral bg Pilipinas, plans to launch a central bank digital currency (CBDC) within two years. The...

Philippines & Hong Kong Spearhead Tokenized Treasuries in Asia

On November 20, the Philippines will launch its first-ever tokenized treasury bonds, aiming to raise a significant 10 billion pesos ($179 million). This pioneering...

How Circle Aims to Reduce Remittance Costs to Philippines

Circle has partnered with the Philippines-based crypto exchange Coins.ph to facilitate remittances through its USDC stablecoin/ Cross-border transactions have been a huge challenge through...

Why Does the Philippines Seek Help From the SEC to Stop Fraud?

How bad has the problem of cryptocurrency fraud and scams has gotten in the Philippines? The nation’s financial regulators have looked abroad for...

Traders Union published the list of Best Forex Brokers in the Philippines

The vibrant world of Forex trading has gained significant traction in the Philippines, thanks to the growing interest in financial markets among Filipinos. TU...

Philippines SEC Targets Gemini Over Unlicensed Derivatives Trade

The cryptocurrency exchange Gemini is in hot water with regulators in the Philippines and faces the risk of severe penalties, including criminal prosecution....

Philippines Tops the List for Interest in the Metaverse in 2022

The Philippines has topped the list when it comes to interest in the metaverse and housing the most number of web3 gamers. According to...

Strike Launches Lightning Remittances in the Philippines

Bitcoin fintech giant Strike rolled out its Lightning Network money transfer service Send Globally in the Philippines, a $35 billion remittance market. Send Globally...

Crypto Wallet Provider Looks to Turn Philippines Resort Boracay into ‘Bitcoin Island’

People can now pay for homemade food from roadside restaurants known as ‘carinderias’ using bitcoin in Boracay, the Philippines island famed for its...