Philippines

No Rush to Pass Fintech Laws: Philippine Senator Grace Poe

Philippine Senator Grace Poe said that local lawmakers should not be in a hurry to pass financial technology (fintech) regulation.…

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Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens

Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines. The expansion comes after…

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Philippine Police Raid Alleged Cryptocurrency Scam, Arrest 277

Philippine police have reportedly raided the offices of an alleged cryptocurrency scam that was targeting investors in China. According to…

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Philippine Boxing Champion Manny Pacquiao Releases Own Cryptocurrency

Philippine boxing champion and celebrity Manny Pacquiao has launched his own cryptocurrency. On Sept. 1, the South China Morning Post…

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Philippines’ UnionBank Launches Stablecoin, Conducts the Country’s First Bank Blockchain Transaction

The Philipines’ UnionBank has issued its own stablecoin, PHX, according to Filipino media PhilStar Global. With the issuance, the bank…

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Philippines’ Central Bank Will Continue to Closely Monitor Crypto, Citing Terror Financing

The governor of the Philippines’ central bank, Benjamin Diokno, has warned against the potential use of cryptocurrencies for terrorism financing…

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Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

The chief of the Philippines central bank has warned over the risks of growing cryptocurrency use in the country. On…

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