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philippines

Forsage Ponzi scheme ordered to cease and desist in Philippines
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9 October, 2020

Forsage Ponzi scheme ordered to cease and desist in Philippines

Forsage claims to be a next-generation crowdfunding platform, promising zero-risk investments allegedly guaranteed by the execution of smart contracts.
Philippines regulator warns against Mining City cloud mining scam
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18 September, 2020

Philippines regulator warns against Mining City cloud mining scam

Cloud mining company Mining City reportedly promises returns of up to $92 daily, paid out in Bitcoin Vault tokens.
Philippines central bank preparing new framework for digital banks
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12 September, 2020

Philippines central bank preparing new framework for digital banks

The move coincides with developments around the Virtual Banking Act, which some lawmakers hope will pass before the end of...
Retirement plans go digital route in the Philippines
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5 September, 2020

Retirement plans go digital route in the Philippines

The Personal Equity and Retirement Account (PERA) is a voluntary account that allows residents aged 18 and above to prepare...
Forsage scheme continues despite SEC investor warnings
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7 August, 2020

Forsage scheme continues despite SEC investor warnings

Forsage has no legal standing to accept investments, or to sell investment products to the public, regulators in the Philippines...
Philippines tasks group to explore central bank digital currency
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1 August, 2020

Philippines tasks group to explore central bank digital currency

The Philippine central bank has assembled a committee to research the feasibility of central bank digital currency as well as...
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