The regulator flagged three firms, Forsage, RCashOnline and The Saint John of Jerusalem Knights of Malta Foundation of the Philippines, Inc.
Philippines Department of Finance has warned against a recurrence of the Bitcoin Revolution scam, this time using names of prominent officials in the Treasury.
The dubious digital currency trading program claims to have the backing of celebrities, entrepreneurs and government officials.
The finance department was allegedly establishing a platform for Philippines residents to “generate income” from digital currency.
The regulator said the illegal investment schemes were promising unfeasibly high rates of return to investors willing to stump up their capital.
The unauthorized scheme is likely a form of pyramid scheme with promises of significant returns on investment in a matter of days.
Ramon Tulfo has come into some documents and chatter that CEZA boss Raul Lambino is incredibly corrupt, and he wants everyone to know.
Dubai has partnered with CV VC to develop Crypto Valley – an ecosystem for crypto and blockchain that will offer incubation, training, education and more.
Blockchain is becoming central to so many industries, so much so that a recent study found it to be the most in-demand skill sought by employers in 2020.
The Philippines has partnered with Japan in its efforts to build Asia’s crypto valley, focusing on securitization. The development includes an $80M airport.