Bitcoin News Crypto Exchange Cryptocurrency Government Regulations

Crypto Business in the Philippines: P3.6 Billion Expected from License Issuance for Entry of Approved Cryptocurrency Exchanges

Last April, the Philippine government has approved the entry of cryptocurrency exchanges to conduct business in the Cagayan Economic Zone Authority (CEZA). These legalized exchanges will enjoy tax benefits, will be allowed to offer Initial Coin Offerings (ICOs), and may engage in crypto mining operations. The CEZA administrator expects to rake in $67 million from […]

Altcoins Cryptocurrency

5 Million Customers Attained by Philippine Bitcoin Wallet App Coins.ph

Coins.ph, a Philippine crypto wallet and payment platform, is taking the financial industry in the Philippines by storm. According to its website, Coins.ph has more than 5 million customers. Founded four years ago, Coins.ph operates different kinds of financial services, and also a cryptocurrency exchange. The founder and CEO, Ron Hose, credited the company’s rapid […]

Blockchain

Union Bank partners with 4 rural banks in the Philippines for Blockchain Technology Solutions Platform

Author – Mil It looks like the blockchain technology is slowly making its way into mainstream adoption. A news article from the Philippine News Agency reports that four rural banks have partnered with Union Bank to develop a blockchain technology-based payment system. Union Bank officials vow that they aim to help smaller banks in terms […]