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 Guinigundo, who is the deputy governor of the Central Bank of…
Read More...
Browsing Tag
Philippines
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…
Manny Pacquiao will have his own token
The multifaceted Filipino boxer, Manny "Pacman" Pacquiao, will launch this October 11th his own token that will be called PAC.
The official presentation will be held at the Blockchain Fair Asia 2018 event, which will run until Friday,…
The Philippines continues working on regulations for cryptocurrencies
The Philippines Securities and Exchange Commission will shortly present a draft which will set out the operating rules for cryptocurrency exchanges in the nation.
On the other hand, the Central Bank is also working on a regulatory…
Philippines, Korea and Thailand will create a Crypto Valley
Three Asian countries seek to become a global reference in topics that are currently important for the global economy such as blockchain technology and cryptocurrencies. Thailand, South Korea and the Philippines work to create a Crypto…
Monero Malware affects users of League of Legends in the Philippines
Users of the game League of Legends in the Philippines have been victims of a cyber attack through which Monero crypto mining malware is installed on the computers. The program is installed when the client downloads from the Garena server.…
Philippines grants first permits to exchanges
The Philippines announced on Wednesday the temporary granting of three licenses so that three exchanges can operate without problems in the nation.
This was announced by the authorities of the Financial Area of Cagayan (CEZA), who…
The Philippines will have two new currencies in circulation
On Monday, the Central Bank of the Philippines (BSP) approved the inclusion of two new currencies that will immediately begin operating within the nation.
The exchangers that will benefit from this will be Philippines, Inc. and ETranss,…
The Philippines will use blockchain for remittances from Japan
The Philippines seeks to reduce the costs that its workers in Japan must pay for sending remittances by implementing a platform based on blockchain technology. The driving force behind the measure is the Rizal Commercial Banking Corporation…