The International Monetary Fund has encouraged the Philippines’ central bank to explore the possibility of starting to collect data on cross-border flows of cry...
Philippines News
The Philippines, officially the Republic of Philippines, is a unitary archipelagic country in Southeast Asia. The Philippines is the 63rd largest country in the world and 12th in terms of population. The Philippines is one of the most ethnically diverse countries and has a large amount of various religious confessions. Philippines had gross domestic product of $348 billion at the end of 2018, making it the 34th largest economy at the time. The economy is largely made up of manufacturing electronic products, transport equipment, petroleum and its products, and agricultural goods. The economy of the Philippines is becoming more and more tech-oriented, even though 30% of the labor force is employed in the agricultural sector. Cryptocurrency in the Philippines is legal due to Circular No. 944 form, which established guidelines for Virtual Currency exchanges on June 2, 2017. The Philippines control over Bitcoin exchanges is performed by the Central Bank of the Philippines.
- News
- News
Blockchain-based money transfer startup SendFriend utilizes Ripple’s technology to save up to 80% in remittance fees.
- News
by Joeri Cant
ConsenSys founder Joseph Lubin has reportedly informed teams in India and the Philippines that their offices would be closing down.
- News
Singapore-based blockchain firm BCB Blockchain has signed a memorandum of agreement with the Philippines to support the development of local tech startups.
- News
Philipino lawmakers should not be in a hurry to pass financial technology regulation, according to local Senator Grace Poe.
- News
All 7-Eleven stores across the Philippines will sell cryptocurrency for cash thanks to a partnership between crypto investment app Abra and payment processor EC...
- News
by Aaron Wood
Philippine authorities have reportedly raided an alleged cryptocurrency scam and arrested 277 people following a tip from the Chinese government.
- News
by Joeri Cant
Philippine boxing champion Manny Pacquiao has launched his own cryptocurrency, which will reportedly be listed on Singapore’s Global Crypto Offering Exchange.
- News
In a bid to drive greater financial inclusion, Philippines-based UnionBank has launched a payments-focused stablecoin pegged to the Philippine peso.
- News
The Philippines-based UnionBank has successfully completed a pilot of a blockchain-based cross-border remittance from the Philippines to Singapore.
- Crypto Map
Russia may join a list of countries with an offshore crypto zone with a plan to build its own on an island.
- News
The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing.
- News
by Thomas Simms
BitMEX has invested in the Philippine Digital Asset Exchange, which is licensed by the country’s central bank.
- News
Payments services firm Bitspark is releasing a cryptocurrency pegged to the Philippine Peso dubbed “peg.PHP.”
Editor’s Choice
- Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst
- ‘Nothing Special’ — Bitcoin Slumps 6% on Coronavirus, Chinese New Year
- SEC Goes Head-to-Head With Telegram, Makes a Guinea Pig of TON
- Effect of CME Futures Options on BTC Price Depends on Halving
- Two Veteran Traders See Bullish Signs With Bitcoin Rebounding to $8.5K