TV host Boy Abunda has recently uncovered a series of fraudulent articles falsely claiming association with cryptocurrencies. Host Boy Abunda of the TV program “Fast Talk with Boy Abunda” During the premiere of “Fast Talk with Boy Abunda” earlier this week, Boy addressed a fabricated article alleging a contentious interview with actress Max Collins. The […]
by Jan Micahel Carpo, Correspondent Local cryptocurrency exchange Coins.ph is broadening its horizons, venturing into the regions in Europe and Latin America where investors show keen interest in digital assets. With a network boasting over 18 million members, the platform recently acquired licenses to operate in Australia and Africa, facilitating its expansion into new territories. […]
The Bangko Sentral ng Pilipinas (BSP) has recently issued a warning regarding a company offering “cloud mining machines,” emphasizing that its operations are beyond the BSP’s regulatory scope. Cloud mining machines (IMAGE CREDIT: https://www.investopedia.com/) Cloud mining enables individuals to lease processing power from remote data centers for cryptocurrency mining without the need to manage physical […]
The Philippines’ Securities and Exchange Commission (SEC) is taking steps to block local access to Binance, citing that the exchange operates without the necessary license. In a letter dated March 12 sent to the National Telecommunications Commission (NTC), SEC Chairperson Emilio Aquino explained that Binance poses a threat to the security of the funds of […]
Museigen.io, an officially registered Philippine company whose mission is to equip individuals with the knowledge and skills needed to thrive in rapidly expanding technology sectors (such as blockchain and cryptocurrency), as well as in the dynamic world of business, finance, and entrepreneurship, is inviting all crypto enthusiasts to join them on a journey of discovery and […]
MONEYBEES, a virtual asset service provider (VASP) specializing in over-the-counter crypto exchanges, has recently expanded its service outreach by tapping the jewellery appraisal industry, partnering with Willyn Villarica Jewelry to enable more Filipinos to conveniently buy and sell crypto using fiat. IMAGE CREDIT: https://www.linkedin.com/company/moneybees/ Located at Market! Market! in Taguig City, the branch has become […]
Union Bank of the Philippines announced recently that it has just secured a license from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP) — any natural or legal entity that exchanges, holds, safe-keeps, sells, converts, or transfers virtual assets on behalf of another natural or legal entity. As such, […]
A number of enterprises in the Philippines, especially small startup businesses, are now taking advantage of the unique benefits that Bitcoin and other forms of cryptocurrency can bring. According to Ethan Rose, the CEO of Pouch.ph, “One of the significant challenges now faced by small businesses is the limited availability of payment methods, with credit […]
PH becomes the second country after Malaysia to adopt Ztrade, a cross-border trade application Blockchain MY E.G. Services Berhad (MYEG or “The Group”) has recently secured regulatory approval with the Bureau of Customs (BOC) to deploy its blockchain-based customs clearance and processing services for trade flows between the Philippines and China. Photo shows (clockwise) – Enrique Y. […]
nChain, a global leader and pioneer in blockchain research with over 1,000 research papers about emerging technologies and applications across industries, has recently completed the latest edition of its “The Bitcoin Masterclasses” series in London. With the theme “Remittance Revolution: Exploring Micropayment Systems and Digital Currency for Empowering Migrant Workers,” the sixth masterclasses edition provided […]
