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Philippines

Philippines: Finance department proposes to clarify digital currency taxation rules by 2024
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31 May, 2022

Philippines: Finance department proposes to clarify digital currency taxation rules by 2024

The finance department says the details of its plans are yet to be decided, but with the incoming government's blessings,...
UnionBank of the Philippines launches country’s first digital bond offering
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26 May, 2022

UnionBank of the Philippines launches country’s first digital bond offering

In a disclosure to the Philippines Stock Exchange, UnionBank revealed that the bonds will have a minimum issue size of...
Coins.ph raises $30M in latest funding to aid Web3 expansion
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22 May, 2022

Coins.ph raises $30M in latest funding to aid Web3 expansion

The Filipino exchange will also use the funds to expand across Southeast Asia, with its news CEO saying that the...
Philippines SEC issues warning vs yet another digital asset pyramid scam
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12 May, 2022

Philippines SEC issues warning vs yet another digital asset pyramid scam

Just days since it issued a warning against Leefire, the SEC says that the same activities are now being propagated...
Philippines: Electricity market operator explores blockchain tech for P2P energy trading
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8 May, 2022

Philippines: Electricity market operator explores blockchain tech for P2P energy trading

The Independent Electricity Market Operator of the Philippines is working on a futures offering for the country’s Wholesale Electricity Spot...
Philippines digital currency firm PayMaya rebrands to Maya
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6 May, 2022

Philippines digital currency firm PayMaya rebrands to Maya

The name change is part of PayMaya's launch of its licensed digital lending platform, Maya Bank, and a new mobile...
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