Philippines Blockchain Council exec sees crypto adoption ‘snowballing’
Blockchain Council of the Philippines’ Donald Lim believes that blockchain and Web3 projects have the “opportunity to flourish” in the country.
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Blockchain group to push Philippines Web3 adoption via state partnership
DICT Director Emmy Lou Versoza-Delfin said there's been a rise in innovative blockchain startups in the country, signaling that the country could be a global leader in blockchain.
The Philippines delays publishing crypto framework
Despite a tumultuous year, the Philippines’ financial regulator decided not to rush a legal framework on the crypto industry, which was initially planned for late 2022.
Philippines securities regulator seeks more authority to police the crypto industry
The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology.
Union Bank of the Philippines launches Bitcoin and Ethereum trading
UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm.
Crypto needs ‘enabling environment,’ Philippines central bank says
The Philippine central bank sees the potential of crypto to improve domestic and cross-border payments, but the authority is still negative to crypto as a legal tender.
The Philippines halts virtual asset provider license applications
The Banko Sentral ng Pilipinas said that the closing of VASP applications begins on Sept. 1, 2022, and will last for three years.
Binance optimistic on Philippines entry despite SEC pushback
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.
Philippines’ digital transformation could make it a new crypto hub
The archipelagic country of the the Philippines is exploring blockchain use cases across different industry verticals.
Crypto exchange Binance seeks critical licenses in Philippines, CEO says
The exchange platform is looking to get virtual assets service provider and e-money issuer licenses from the Banko Sentral ng Pilipinas.