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.
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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 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 for their retirement.
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 said.
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 its policy implications.
Philippines SEC warns against Forsage, other digital currency schemes
The regulator flagged three firms, Forsage, RCashOnline and The Saint John of Jerusalem Knights of Malta Foundation of the Philippines, Inc.
Philippines treasury issues warning against Bitcoin Revolution
Philippines Department of Finance has warned against a recurrence of the Bitcoin Revolution scam, this time using names of prominent officials in the Treasury.
Bitcoin Revolution scam gets flagged yet again in Philippines
The dubious digital currency trading program claims to have the backing of celebrities, entrepreneurs and government officials.
Philippines new scam tags gov’t in digital currency fake news
The finance department was allegedly establishing a platform for Philippines residents to “generate income” from digital currency.
Philippines SEC pinpoints 5 digital currency ‘get rich quick’ schemes
The regulator said the illegal investment schemes were promising unfeasibly high rates of return to investors willing to stump up their capital.
Philippines flags ‘The Billion Coin’ scam promising to end world poverty
The unauthorized scheme is likely a form of pyramid scheme with promises of significant returns on investment in a matter of days.
How Bitcoin SV could be Philippines’ silver bullet for relief efforts
The Philippines is struggling with bureaucratic red tape, but Bitcoin SV could help solve that.