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
An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what hap...
Exchange demands users return Bitcoin bought for $6K during tech glitch
Cyrus McNally
2021-02-24T05:08:37+00:00
72114
News
Statista has found that one-in-three Nigerians held or used crypto assets during 2020.
Nigeria and South East Asia led global crypto adoption in 2020
Samuel Haig
2021-02-18T05:47:24+00:00
17441
News
The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers.
Philippines' central bank to license crypto trading and custody firms
Osato Avan-Nomayo
2021-01-26T09:57:43+00:00
7901
News
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money.
Philippines' central bank isn’t ready to pull the trigger on a CBDC
Marie Huillet
2020-10-22T11:51:56+01:00
3560
News
The Philippines is really interested.
Philippine central bank embraces digital tokens
Emilia David
2020-09-19T20:00:00+01:00
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News
The Philippines SEC has identified Mining City as a Ponzi scheme and warned promoters of the scam that they could face up to 21 years imprisonment.
Philippines SEC warns of ‘cloud mining’ Ponzi related to Bitcoin Vault
Joshua Mapperson
2020-09-16T04:45:37+01:00
18835
Follow up
Forsage members are courting a high risk with the Philippines' securities regulator.
One Month On, Forsage Continues Despite SEC’s Ponzi Warnings
Marie Huillet
2020-08-06T11:45:00+01:00
36940
News
The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency.
Philippines Central Bank Becomes the Latest to Consider Issuing a CBDC
Jack Martin
2020-07-29T16:58:00+01:00
4829

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