Tag: philippines

Sep 30 2022

Building Bitcoin Communities From The Ground Up In The Philippines

A key to gaining adoption in local communities is having on the ground educational resources available to business owners and customers.This is an opinion editorial by Dustin Watchman, founder of the bitcoin community educational group Cloud 21 Siargo.What if we could recreate the elements of a big city that we all love but on a much smaller scale? What would those...

Aug 24 2022

Philippines SEC Discuss Crypto Regulatory Efforts With Binance

The Philippines' financial authorities are making conscious efforts to efficiently regulate the cryptocurrency industry in the country. Past attempts from the Central Bank of the country and...

Philippine Universities Team Up With Binance To Offer Bitcoin, Crypto Courses

Binance is also working with Philippine regulators to establish a framework to encourage Bitcoin and crypto adoption in the country.Philippine universities will offer free courses on Bitcoin and other digital assets in partnership with Binance.The exchange participated in a Senate hearing in the country with industry regulators and leaders to help develop guidelines for digital assets....

Aug 11 2022

Philippine Central Bank Halts Bitcoin, Crypto Service Provider Approvals For Three Years

The central bank stated virtual asset service providers pose a great risk but will allow existing businesses to continue operations or expand.The central bank of the Philippines will not accept applications from virtual asset service providers for three years.The bank claims the institutions pose varied risk to financial stability.Previously existing service providers can still expand...

Jun 09 2022

Binance Is after VASP, EMI Licenses in Philippines, CEO Says

Binance, the world’s largest cryptocurrency exchange by trading volume, says it is trying to get two licenses in the Philippines. These are the virtual asset service provider (VASP) and the electronic money issuer (EMI) licenses. The VASP license is to enable the exchange to legally facilitate the trading of cryptocurrencies in the Philippine as well as power the conversion of cryptocurrencies...

Jun 08 2022

Binance Courts Philippine License, To Target Southeast Asia

Jun 08 2022 Published at Coingape under tags  binance news philippines

The world's largest crypto exchange Binance is currently seeking the Virtual Asset Service Provider (VASP) and Electronic Money Issuer (EMI) licenses in the...

Apr 12 2022

Just-In: Philippine Digital Payments Unicorn To Expand Crypto Services

Apr 12 2022 Published at Coingape under tags  news paymaya philippines

Voyager Innovations, owner of Philippine's largest digital payments app, said it reached unicorn status on Tuesday after a $210 million funding round. The firm said it will apply the new capital towards expanding its crypto services. Voyager, which operates popular payments app PayMaya, said the latest funding round was led by SIG Venture Capital, and...

Jan 20 2022

Philippine Bank to Offer Bitcoin Trading: Report

Jan 20 2022 Published at Bitcoin Magazine under tags  banks custody markets news philippines

The Union Bank of the Philippines reportedly plans to offer trading and custody of bitcoin and cryptocurrency.The Union Bank of the Philippines is planning to offer bitcoin and cryptocurrency trading and custody services to its customers, according to a...

Jul 30 2021

Axie Infinity’s July Revenue Tops $200 Million. Here’s How Filipinos Drove It

Leah Callon-Butler, director of Emfarsis, discusses her documentary, “Play-to- Earn: NFT Gaming in the Philippines,” and the real-world impact that crypto is having in the Philippines. Show highlights: how the Axie Infinity movement started in the Philippines...

Mar 28 2021

Playing Crypto Games for a Living Is More Than Just a Meme

While games such as World of Warcraft originally blurred the line between in- game economy and real money, games on the blockchain take this to the next level. And for many, this innovation is earning them a real living. Play Games, Get Rich The rise...

Jan 26 2021

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.

Dec 07 2020

Standard Chartered, Philippines Bank Issue $187M Blockchain Bond

Dec 07 2020 Published at CoinDesk under tags  bonds business markets news philippines

The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.

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