Philippines Cracks Down on Unlicensed Trading Platforms, Blocks Access to Binance – Here is why?

The Philippines has taken a decisive step in its crackdown on unlicensed online trading platforms by announcing the blocking of access to cryptocurrency giant Binance. The Securities and Exchange Commission (SEC) revealed that Binance was not registered in the country,…

Over 400 Businesses Embrace Bitcoin in the Philippines

In a significant stride towards the adoption of cryptocurrency, Pouch Philippines, a pioneering payment company, has been instrumental in facilitating Bitcoin payments for businesses across the Philippines. Since its inception in 2021, Pouch.ph has been a catalyst for change, encouraging…

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…

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,…

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…