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philippines

Philippines’ AML watchdog warns banks against play-to-earn gaming transactions
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22 April, 2022

Philippines’ AML watchdog warns banks against play-to-earn gaming transactions

The Anti-Money Laundering Council (AMLC) wants financial institutions to conduct due diligence when dealing with P2E gamers following the Axie...
Philippines: PayMaya’s parent firm achieves ‘unicorn’ status after raising $210M in new funds
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15 April, 2022

Philippines: PayMaya’s parent firm achieves ‘unicorn’ status after raising $210M in new funds

PayMaya’s parent company Voyager Innovations raised the funds from SIG Venture Capital and others as it branches into lending and...
PayMaya users in the Philippines now enabled to buy and sell digital currencies seamlessly
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14 April, 2022

PayMaya users in the Philippines now enabled to buy and sell digital currencies seamlessly

The payments provider is going for a full-suite experience for digital currency buyers with its new offering as it chases...
Philippines: Bataan free zone targets digital currency and blockchain companies with new regulations
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13 April, 2022

Philippines: Bataan free zone targets digital currency and blockchain companies with new regulations

After the passing of Republic Act 11659, the Authority of the Freeport Area of Bataan is the first government entity...
Ex-Binance CFO snaps up Philippine exchange Coins.ph for $200M: report
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7 April, 2022

Ex-Binance CFO snaps up Philippine exchange Coins.ph for $200M: report

Wei Zhou, who stepped down from Binance in June 2021 for “personal reasons,” and will now head “the Coinbase of...
Philippines central bank warns vs play-to-earn games after $625M Axie Infinity heist
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6 April, 2022

Philippines central bank warns vs play-to-earn games after $625M Axie Infinity heist

The Bangko Sentral ng Pilipinas issued the warning at a time when the Philippines has become a global leader in...
The CoinGeek Pulse Episode 83: Axie Infinity’s Ronin $625M heist, blockchain industry updates in Asia and the latest NFT drops
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1 April, 2022

The CoinGeek Pulse Episode 83: Axie Infinity’s Ronin $625M heist, blockchain industry updates in Asia and the latest NFT drops

Ronin Bridge, the Ethereum sidechain used by popular NFT game Axie Infinity, lost over $600 million in what appears to...
Philippines to launch CBDC research, but rollout remains unclear
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10 March, 2022

Philippines to launch CBDC research, but rollout remains unclear

The Bangko Sentral ng Pilipinas is set to move forward with a research project on a national digital currency, called...
Philippines unlikely to issue CBDC in the near future: report
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18 February, 2022

Philippines unlikely to issue CBDC in the near future: report

The Philippines will not be one of the rising numbers of countries that intend to issue a central bank digital...
Philippine exchange PDAX raises $50M in a Tiger Global-led Series B
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17 February, 2022

Philippine exchange PDAX raises $50M in a Tiger Global-led Series B

Philippine Digital Asset Exchange, more popularly known as PDAX, will channel the funds towards making its infrastructure more accessible, safe...
UnionBank eyes digital currency trading and custody services in the Philippines as adoption soars
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2 February, 2022

UnionBank eyes digital currency trading and custody services in the Philippines as adoption soars

UnionBank predicts that an average investor in the Philippines will hold 3-5% of his assets in digital currencies in the...
Wholesale CBDC coming to Philippines in the near future: central bank
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19 November, 2021

Wholesale CBDC coming to Philippines in the near future: central bank

The Bangko Sentral ng Pilipinas is exploring the use of a central bank digital currency in the near future, but...