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
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
4042
News
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020.
India Leads P2P Volume Records Among Emerging Markets
Samuel Haig
2020-07-22T11:55:00+01:00
3173
News
The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds.
Philippines Launches Blockchain App to Distribute Government Bonds
Mohammad Musharraf
2020-07-21T10:52:00+01:00
5967
News
Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign curren...
US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering
Marie Huillet
2020-07-14T10:46:00+01:00
4860
Follow up
Binance will join Swipe’s board of directors, but the firm is “able to run the company independently from Binance.”
Binance’s Second Acquisition of 2020 Is Related to Crypto Debit Cards
Helen Partz
2020-07-08T21:31:00+01:00
4240
News
Spanish authorities have arrested several individuals related to ongoing investigations against crypto-driven child porn sites on the dark web.
International Authorities Work Together to Take Down Crypto-Funded Child Porn Ring
Felipe Erazo
2020-06-29T17:44:00+01:00
6705
News
The Philippines Department of Finance warns people that Bitcoin Revolution uses government officials’ names to spread fake news endorsing their business.
Filipino Crypto Scammers Are Impersonating Government Officials for Profit
Felipe Erazo
2020-06-22T21:19:00+01:00
4614
News
The Philippine Institute for Peace, Violence and Terrorism Research has been tracking transactions made by local terror groups.
Researchers in Philippines Track Crypto Use By Terrorists
Felipe Erazo
2020-05-21T06:47:00+01:00
5469

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