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philippines

Philippines: 2 more digital banks commence operations after central bank approval
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26 August, 2022

Philippines: 2 more digital banks commence operations after central bank approval

GoTyme and UnionDigital Bank recently got the green light from the Bangko Sentral ng Pilipinas (BSP) and have now started...
Senate committee weighs regulation for digital assets in the Philippines
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25 August, 2022

Senate committee weighs regulation for digital assets in the Philippines

A recent hearing by the Committee on Banks and Financial Institutions put the central bank and the securities regulator to...
Philippines demonstrates sustained animosity towards foreign digital exchanges
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23 August, 2022

Philippines demonstrates sustained animosity towards foreign digital exchanges

The Philippine central bank is not closing its doors to developments in digital currency exchanges but remains cautious about the...
UnionBank of the Philippines begins testing digital assets transactions on its mobile app
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18 August, 2022

UnionBank of the Philippines begins testing digital assets transactions on its mobile app

Through the new digital asset feature, customers can now directly purchase and sell Bitcoin from the bank's app without needing...
Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST
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16 August, 2022

Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST

Founded in October of 2020, Twala is a Manila-based tech startup that facilitates e-signature exercises via blockchain.
Philippines: Virtual Asset Service Provider license applications paused for 3 years
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15 August, 2022

Philippines: Virtual Asset Service Provider license applications paused for 3 years

Firms at Stage 2 of application before Aug 31 will be processed under the move, which is meant to strike...
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