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Search Results for: Digital Pilipinas

BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments
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27 June, 2022

BIS: Innovation Hub’s experiments show CBDCs are the future of cross-border payments

In a research report, the BISIH highlighted results achieved from four recent cross-border multiple CBDC platform pilot projects the BIS...
Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam
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24 June, 2022

Japan’s Soramitsu to conduct CBDC feasibility study for the Philippines and Vietnam

According to Nikkei, the two countries are revamping their CBDCs efforts in response to the growing popularity of Chinese payments...
UnionBank of the Philippines raises $208M via blockchain-backed bond offer
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4 June, 2022

UnionBank of the Philippines raises $208M via blockchain-backed bond offer

UnionBank raised PHP11 billion (US$208 million) in the first-ever digital peso bond offering in the Philippines, marking a successful proof...
Philippines central bank embarks on wholesale CBDC pilot project
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2 May, 2022

Philippines central bank embarks on wholesale CBDC pilot project

Central bank governor Benjamin Diokno said the wholesale CBDC may help the country address financial system problems like issues in...
Philippines’ AML watchdog warns banks against play-to-earn gaming transactions
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22 April, 2022

Philippines’ AML watchdog warns banks against play-to-earn gaming transactions

The Anti-Money Laundering Council (AMLC) wants financial institutions to conduct due diligence when dealing with P2E gamers following the Axie...
Philippines: PayMaya’s parent firm achieves ‘unicorn’ status after raising $210M in new funds
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15 April, 2022

Philippines: PayMaya’s parent firm achieves ‘unicorn’ status after raising $210M in new funds

PayMaya’s parent company Voyager Innovations raised the funds from SIG Venture Capital and others as it branches into lending and...
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