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Philippines

Philippine lead financial regulator greenlights digital product testing among banks
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16 September, 2022

Philippine lead financial regulator greenlights digital product testing among banks

The Philippines' banking industry will be piloting a 12-month regulatory framework that aims to deliver innovative financial services to consumers...
Digital innovations will spur the Philippines’ economy, President Ferdinand Marcos Jr. says
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14 September, 2022

Digital innovations will spur the Philippines’ economy, President Ferdinand Marcos Jr. says

President Ferdinand "Bongbong" Marcos Jr. believes the Philippines must leverage digital innovations to stay competitive globally, mentioning blockchain as a...
Philippines has the numbers to be Asia’s blockchain capital, telco giant says
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13 September, 2022

Philippines has the numbers to be Asia’s blockchain capital, telco giant says

Dito CME believes that with a population of 110 million and a media age of 25, the Philippines has the...
Philippines securities regulator issues warning against investing with Peak Finance
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30 August, 2022

Philippines securities regulator issues warning against investing with Peak Finance

A lengthy prison term and a hefty fine await individuals affiliated with and promoting Peak Finance, an unlicensed platform that...
Philippines: 2 more digital banks commence operations after central bank approval
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26 August, 2022

Philippines: 2 more digital banks commence operations after central bank approval

GoTyme and UnionDigital Bank recently got the green light from the Bangko Sentral ng Pilipinas (BSP) and have now started...
Senate committee weighs regulation for digital assets in the Philippines
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25 August, 2022

Senate committee weighs regulation for digital assets in the Philippines

A recent hearing by the Committee on Banks and Financial Institutions put the central bank and the securities regulator to...
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