The Philippine Securities and Exchange Commission (SEC) issued an alert to the general public about groups that are engaged in cryptocurrency investment and trading which are not authorized.
According to the Philippine agency, those who are involved in cryptocurrency scheme could face a fine or 21…
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Philippines
Binance bans bitcoin purchases with bank cards in Latin America
The exchange platform Binance has issued a statement reporting the deactivation of the bitcoin purchase method with bank cards in Latin American countries such as Argentina, Brazil, Colombia, Mexico and Peru. The operators will not be able…
TDCX company will create 300 new jobs in Barcelona
The Transformative Digital Customer Experience (TDCX) technology company in Singapore opened its first headquarters in Europe and is ready to generate 300 jobs in the district of Barcelona, Spain, later this year.
The digital and…
BitClub Network operators accused of large-scale scam
Prosecutors of a US Court accused promoters of the BitClub Network company for a large-scale millionaire scam, recovering around USD $ 722 million from investors.
According to information published by several news portals, executives…
Economic tensions with the US trigger the purchase of gold in Russia and China
According to the figures released by the World Gold Council (WGC), in the first quarter of the year the world's central banks were quoting 374.1 tons of this metal, with 93% more compared to last year, which is reflected as the largest…
Western Union opens remittances service to the Philippines
The money transfer giant Western Union signed the alliance with Coins.ph to allow Filipino residents to receive cash remittances safely and easily.
The agreement will ensure that national and international payments reach directly the…
Philippines introduces new regulatory framework for tokens
The new regulations are designed to regulate the cryptographic ecosystem and protect investors, affecting issues such as the acquisition of cryptoactives, including tokens of utility and value. The regulatory framework was published by the…
Philippines delays publication of definitive legal framework for ICOs
Through a statement, the Philippine Securities Commission (PSEC) reported that it has not yet released the final legislative framework for Initial Offers in Cryptocurrencies (ICOs).
According to the authorities' report, the shareholders…
The Philippines work on blockchain platform for medical assistance
The fundamental purpose of the alliance is to develop a platform to expand medical assistance with the use of blockchain technology. The association was agreed as a result of briefings held between HEX Innovation and the Philippine Ministry…
The Philippines ruled out the possibility of issuing its own cryptocurrency
A member of the Central Bank of the Philippines team reported that the nation has no interest in issuing its own cryptocurrency, despite the opportunities that exist today in the financial markets.
These statements were issued by Diwa…
Philippines and China agree commercialization in yuan
A total of 13 banks in the Philippines, along with the Bank of China, managed to create a trading company that operates with Chinese yuan instead of the dollar.
This measure seeks to streamline and cheapen the negotiations, as well as…
Philippines delivered 19 licenses to exchanges
On Wednesday, the Cageyan Economic Zone Authority (CEZA) granted licenses to 19 companies to operate with cryptocurrencies in the Philippines.
In the recently published list, companies like Financial Technology Solutions and Offshore…