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Philippines

Axie Infinity left thousands of Filipino players in debt, and now they are leaving the game
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1 August, 2022

Axie Infinity left thousands of Filipino players in debt, and now they are leaving the game

The game rose to fame after it was billed as a way out of poverty and racked up its biggest...
Philippines: DICT commits to work in line with PBBM’s digital transformation plan
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30 July, 2022

Philippines: DICT commits to work in line with PBBM’s digital transformation plan

DICT Secretary Ivan John Uy stated that the department has vowed to implement projects and programs that align with the...
Philippines: Policy think tank Infrawatch PH requests SEC to ban Binance immediately
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29 July, 2022

Philippines: Policy think tank Infrawatch PH requests SEC to ban Binance immediately

The group stated specific actions it wants the SEC to take against Binance, which include issuing cease and desist order...
Philippines: PBBM digital transformation plans could pave way for global blockchain hub
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28 July, 2022

Philippines: PBBM digital transformation plans could pave way for global blockchain hub

Newly elected President Ferdinand Marcos Jr. said the government is looking to integrate breakthrough technologies into every aspect of daily...
Philippines SEC issues consumer warning versus digital assets-related investment scheme ‘Paynance’
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27 July, 2022

Philippines SEC issues consumer warning versus digital assets-related investment scheme ‘Paynance’

The securities regulator said that Paynance/Paynance Foreign Exchange Services is not registered under the Securities Regulation Code (SRC), making its...
Philippines is studying EU’s digital assets AML/CFT regulations: SEC commissioner
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15 July, 2022

Philippines is studying EU’s digital assets AML/CFT regulations: SEC commissioner

In an opinion piece, SEC Commissioner Kelvin Lester K. Lee said the Philippines regulator is looking out for best practices...
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