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 Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology.
Philippines securities regulator seeks more authority to police the crypto industry
Jesse Coghlan
2023-01-30T06:06:00+00:00
3489
News
UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm.
UnionBank of the Philippines launches Bitcoin and Ethereum trading
Helen Partz
2022-11-02T13:17:53+00:00
6583
Interview
YGG’s head of ecosystem development described subDAOs as “sort of its own economy, that has its own treasury and its own token” with its own characteristics dep...
Yield Guild Games: Web3 gaming adoption needs a local touch
Brian Quarmby
2022-09-20T04:57:37+01:00
2900
News
The Central Bank of the Philippines warns the public against using non-local crypto trading platforms.
The Philippines pushes back against foreign exchanges, continuing a protectionist streak
David Attlee
2022-08-19T12:38:09+01:00
2283
Newsletter
U.S. Treasury links the crypto mixer with $7 billion worth of laundered money.
Law Decoded, Aug. 8-15: In the eye of Tornado Cash
David Attlee
2022-08-15T21:15:00+01:00
1344
Interview
The Philippine central bank sees crypto's potential for improving domestic and cross-border payments, but the authority is still negative about crypto as a lega...
Crypto needs ‘enabling environment,’ Philippines central bank says
Helen Partz
2022-08-15T11:25:02+01:00
4674
News
The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years.
The Philippines halts virtual asset provider license applications
Ezra Reguerra
2022-08-11T14:25:32+01:00
2214
Interview
Binance’s head of Asia-Pacific Leon Foong said that they are not distracted by the efforts of so-called lobbying bodies to ban Binance.
Binance optimistic on Philippines entry despite SEC pushback
Ezra Reguerra
2022-08-10T17:00:00+01:00
2805

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