Philippines
Philippine Stock Exchange Wants to Be Site for Crypto Trading: Report
The PSE is awaiting guidelines from regulators.
Philippines Leading Mobile Wallet Explores Possible Crypto Offering
GCash would join such other major payment firms as PayPal and Square in addressing growing demand for cryptocurrency services.
Axie Infinity Players in the Philippines Using In-Game Winnings to Pay Real-Life Bills
Axie Infinity is a mobile pet-themed game built on the blockchain that allows players to earn income through trading NFTs. When the COVID-19 pandemic struck, many young people in the Philippines lost their jobs, and some turned to Axie Infinity to get by.
South Korean Banks Set to Serve Crypto; Chia Drives SSD Shortage
One of South Korea’s largest banks, KB Kookmin Bank, has launched Korea Digital Assets (KODA), an over-the-counter and custody service aimed at institutional crypto investors. Experts say that the bank is likely testing the waters to see how the government reacts.
IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.
Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering
New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.
Standard Chartered, Philippines Bank Issue $187M Blockchain Bond
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.
Philippines Central Bank Governor: No Digital Peso Before 2023
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.
Ripple Affiliate Coins.ph Joins New Remittance Network Reaching Unbanked Filipinos
The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.
Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.
