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Philippines

Philippines SEC issues consumer warning versus digital assets-related investment scheme ‘Paynance’
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27 July, 2022

Philippines SEC issues consumer warning versus digital assets-related investment scheme ‘Paynance’

The securities regulator said that Paynance/Paynance Foreign Exchange Services is not registered under the Securities Regulation Code (SRC), making its...
Philippines is studying EU’s digital assets AML/CFT regulations: SEC commissioner
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15 July, 2022

Philippines is studying EU’s digital assets AML/CFT regulations: SEC commissioner

In an opinion piece, SEC Commissioner Kelvin Lester K. Lee said the Philippines regulator is looking out for best practices...
Philippines gov’t urged to ban Binance over illegal promotion and sales
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12 July, 2022

Philippines gov’t urged to ban Binance over illegal promotion and sales

A local think tank is urging the Department of Trade and Industry to investigate Binance, which has been promoting its...
UnionBank of the Philippines completes digital peso bond issuance
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7 July, 2022

UnionBank of the Philippines completes digital peso bond issuance

The digital peso bond issuance is the final step of the bank's process to pioneer the use of blockchain technology...
Philippines central bank studying blockchain tech to improve its financial market infrastructure
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29 June, 2022

Philippines central bank studying blockchain tech to improve its financial market infrastructure

The Bangko Sentral ng Pilipinas is exploring several key technologies to help it develop a new financial market infrastructure, including...
Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam
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24 June, 2022

Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam

According to Nikkei, the two countries are revamping their CBDCs efforts in response to the growing popularity of Chinese payments...
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