The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warni...
Tag: philippines
Crypto needs ‘enabling environment,’ Philippines central bank says
Amid the rising cryptocurrency adoption in the Philippines, the country’s central bank is seeking measures to better protect investors through elevating local crypto awareness. The Philippine central ...
Philippines UnionBank Adds Support For Crypto Transaction With New App
Philippines’ UnionBank is gradually embracing digital assets as the bank announces the launch of a crypto service for its clients. According to the financial institution, it will provide the option to...
Union Bank of Philippines to incorporate crypto exchange feature
Union Bank, a popular financial firm in the Philippines, plans to extend its crypto offerings to customers. According to the firm, it intends to unveil a feature on its mobile app which will allow use...
Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App – Finance Bitcoin News
Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile...
Philippines Will Stop Accepting Crypto License Applications for 3 Years, Regulator Says – Regulation Bitcoin News
The central bank of the Philippines, Bangko Sentral ng Pilipinas, has announced that it will stop accepting crypto license applications for three years, starting next month. The central bank is the pr...
Philippines’ ABS-CBN To Buy Stake In Rival TV Network As Former Media Giant Seeks To Revive Business
The ABS-CBN Corp. Broadcasting Centre logo sits on display at the entrance to their compound in … [+] Metro Manila. Veejay Villafranca/Bloomberg ABS-CBN Corp.—controlled by tycoon Oscar Lopez—ha...
The Philippines halts virtual asset provider license applications
While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced a thre-year hiatus from accepting new virtual a...
Philippines to Block New Virtual Asset Licenses for Three Years
In a memorandum dated August 10, The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP) says in September, the regular application window for new Virtual Asset Service Pr...
Philippines Central Bank to Suspend Issuing Licenses to New Virtual Asset Service Firms
The Bangko Sentral ng Pilipinas, the Central bank of the Philippines, announced on Thursday that it would close the regular application window for new virtual asset services providers (VASP) licenses ...
Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
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Low-Cost Housing Magnates Reap Windfall From Surging Demand For Affordable Homes In The Philippines
This story appears in the August 2022 issue of Forbes Asia. Subscribe to Forbes Asia NA This story is part of Forbes’ coverage of Philippines’ Richest 2022. See the full list here. Low-cost housing ma...
Property Billionaire Manuel Villar Is On A Roll With New Casino And Media Ventures
Philippine real estate billionaire Manuel Villar quickly moved on after losing the 2010 presidential election, and now is No. 2 on the Philippines’ 50 Richest list, at $7.8 billion. Twelve years ago, ...
Binance Is Not A Registered Corporation, Philippines’ SEC Warns
Binance is again in the spotlight after it caught the attention of regulators – this time, from the Philippines’ Securities and Exchange Commission – who cautioned against investing with the global ex...
Philippines’ Securities Regulator Cautions Public Against Binance After 12-Page Complaint
Global exchange Binance is again under the regulator’s radar, with the Philippines’ Securities and Exchange Commission (SEC) warning citizens against investment with the exchange. The agency’s directo...
Philippines Financial Watchdog warns public against investing with Binance
The Philippines Securities and Exchanges Commission (SEC) has issued a warning to the public against dealing with Binance. The caution was contained in a response sent to Infrawatch PH, a public polic...
The Rise of Bitcoin Casinos in the Philippines
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
Ninneko Reached the Top 3 on the App Store in the Philippines, Indonesia, Brazil
[PRESS RELEASE – Please Read Disclaimer] Ninneko’s big update has gone over with a bang with impressive numbers that made the $NINO’s price rise dramatically since the day the update was announced. Wh...
SEC Philippines to investigate Binance over alleged illegal operations
Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange over alleged illegal operations. Infrawatch P...
Philippine’s SEC to Probe Binance Over Non-compliance Complaint
4 hours ago | 2 mins read Exchange News Infrawatch PH filed a 12-page complaint with the Philippines’ SEC. Binance does not have an office in Manila. For the second time, Infrawatch PH has requested t...
Philippines think tank Infrawatch wants Binance banned
Philippines-based think tank Infrawatch PH has petitioned authorities to investigate Binance’s operation in the Asian country. In a July 25 letter, the think tank alleged that Binance operated in the ...
QNB to Pioneer Faster Remittance to Philippines through RippleNet
Despite its current woes in the United States, Ripple has continued to break into new markets. QNB, one of the largest financial institutions in the Middle East and Africa has launched the first of it...
Mon Abrea on Crypto Taxation in the Philippines
Mon Abrea – a celebrity tax accountant in the Philippines – recently offered his view on future crypto tax legislation in the Asian country. Mon Abrea Doesn’t See Heavy Crypto Taxation in the Future M...
Philippines’ digital transformation could make it a new crypto hub
Binance, the cryptocurrency exchange, has recently acquired a virtual asset service provider (VASP) license from the Bank of Spain in order to operate in the country. In its ambitious expansion plans ...
Bitcoin trading volumes post new high in Philippines peso on Paxful
Despite some level of regulatory uncertainty around cryptocurrency in the Philippines, one platform has recorded a massive influx of Bitcoin (BTC) trading activity recently. Bitcoin trading volumes in...
Philippines’ DTI Discards Calls For Binance Ban, Citing Absence Of Legal Grounds ⋆ ZyCrypto
Advertisement     The Philippines’ Department of Trade and Industry has responded to calls for the ban of Binance in favor of the crypto exchange. The DTI discarded th...