UBX, the digital arm of the Aboitiz Group, plans to develop a peso-based stablecoin on the Polygon PoS platform.
Leveraging Polygon’s blockchain technology, the stablecoin...
While most digital banks in the country only offer fiat-related transactions, Maya Bank, powered by the e-wallet Maya app, also supports cryptocurrency transactions.
Digital banks...
Newly appointed DOF Secretary Ralph Recto prioritizes tax collection, aiming to collect P4.3 trillion this year, with a division of ₱3 trillion from BIR,...
Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress.
Regulatory approaches vary worldwide, with each...
To enhance the country’s risk management regarding money laundering and terrorist financing, the Bangko Sentral ng Pilipinas (BSP) has issued a memorandum clarifying Travel...
The Japanese cabinet has endorsed a proposal to eliminate taxation on unrealized gains from cryptocurrency, particularly benefiting Web3 businesses.
The proposal, currently awaiting deliberation in...
by Johanan Devanesan
December 14, 2023
Oradian, a fintech firm based in Makati, Manila, has notably improved financial sector access, especially in Southeast Asia. They were key...
The Bangko Sentral ng Pilipinas (BSP) has announced extending the pause on accepting new applications for Electronic Money Issuers – Non-Bank Financial Institutions (EMI-NBFI)...
Additional reporting from Nath Cajuday
During the panel discussion: “Empowering Consumers: Understanding the SEC’s Directive on Unregulated Exchanges” held at the Coins.ph office, Kelvin Lee,...
With editing and editor’s notes by Michael Mislos
In an eventful year for cryptocurrency in the Philippines, 2023 unfolded with key developments reshaping the sector....
The Philippines Securities and Exchange Commission (SEC) is set to introduce the Digital Asset Security Service Provider Rules either by the end of this...