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Coins.ph, a Philippine bitcoin remittance application and brokerage, has secured an additional $5 million in its Series A funding round led by South African internet conglomerate Naspers’ venture capital firm Naspers Venture.
At Bootstrap Manila, bitcoin startups & investors revealed that 20 percent of remittances from the Philippines to South Korea are processed using Bitcoin.
CoinTelegraph has used, tested, and evaluated the top 3 Bitcoin platforms in the Philippines - Coins.ph, BuyBitcoin.ph and Rebit.ph. Here is a detailed review of each of them.
BitX Raises US$4M in Series A Funding; OpenBazaar plans to launch their platform by November of this year and other news
Ford Motor Company releases the third annual trends report, highlighting the rising influence of Gen Z and mentioning Bitcoin as an emerging trend arising from the 'Carryless Movement' that puts forward the need of more convenience in the way we transact.
Philippines positively differ from other Asian countries in their relationship towards cryptocurrencies and implementation of Bitcoin payments into the MetroDeal and CashCashPinoy checkouts is a proof of that.
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