Philippines
Fed Nerves Hit Crypto; Philippines Crypto Tax Pushed
Crypto prices fall ahead of the Fed meeting. Philippine President Marcos Jr. pushes tax for digital services to boost economy, cut debt. Talks between FTX and Bithumb over a potential buyout raise questions. Sam Bankman-Fried lashes out at Voyager for rejecting FTX’s proposal. Binance’s Changpeng Zhao sues Bloomberg in Hong Kong.

Bsp Says No Crypto Ban; Rehab for Crypto Addicts
Philippines central bank governor says no plan to ban cryptocurrency. Coinbase insider trading case raises questions about regulations. Zipmex extends customer withdrawal freeze until Friday, Thailand’s SEC asks for clarity. Rehabilitation centers offer services to crypto trading addicts. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Former Binance CFO Wei Zhou Buys Coins.ph: Report
Indonesia-based technology company Gojek was the seller of the Philippines-based crypto exchange and wallet provider.

GameFi Is a New Game for Southeast Asia Players
Economic conditions and widespread digital adoption have created a foundation for the region to become the global capital of the play-to-earn model.

Coinbase Blocks Russian Addresses; Philippines Plans CBDC
Coinbase blocks 25,000 Russian wallet addresses. Hong Kong’s iconic Star Ferry recreated in the metaverse. The Philippines joins a growing band of countries planning a CBDC. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Philippines Crypto Exchange PDAX Raises $50M Series B Led by Tiger Global
The exchange wants to bring crypto to the Philippines, where P2E game Axie Infinity has flourished.

UnionBank of the Philippines Picks IBM and Metaco for Crypto Custody
Leveraging IBM’s key management capabilities, Metaco’s Seamus Donoghue said there are a number of similar deals in the pipeline.

Animoca Brands Leads $18M Series A for Play-to-Earn Upstart Avocado Guild
The guild wants to empower members to participate in virtual worlds and Web 3.

Circle Invests in JPYC, Baby Shark NFTs Announced
Axie Infinity earnings drop below minimum wage level in the Philippines. USDC issuer Circle to invest in Japanese yen stablecoin. Baby Shark creator announces an NFT series. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

