Philippines

Philippines to Adopt OECD Crypto Tax Rules by 2028, Says DOF

The Philippines will implement the OECD's global cryptocurrency tax framework by 2028. This move aims to fight cross-border tax evasion and illicit financial flows involving...

US Sanctions Philippines Firm for Running 332,000 Crypto Scam Sites

The U.S. Treasury imposed sanctions on Funnull Technology, a Philippines-based tech firm, for operating large-scale crypto scams.Authorities linked Funnull Technology to more than 332,000...

Philippines SEC Targets Binance App, Following Global Regulatory Challenges

The Philippines' SEC seeks to remove Binance's app from major app stores due to regulatory concerns.Allegations include offering unregistered securities and operating without necessary...

7-Eleven Philippines Stores Now Sell Bitcoin

Recently, the Bangko Sentral ng Pilipinas (BSP) has endorsed 10 digital currency trades altogether, as indicated by the latest rundown given by the national...

UnionBank Launches First Two-way Cryptocurrency ATM in the Philippines

Bitcoin ATMs are on the rise around the world. Right now, these machines are in 76 nations and now the Philippines have been added to the...

Philippines Announces New Regulations for ICOs

Cryptocurrency costs fell on Monday as Bitcoin stayed in the $3,400 territory in the midst of occasion diminished exchanging as speculators in Asia welcome...

Indonesian Unicorn Go-Jek Acquires Majority Stake in Filipino Wallet

Indonesian unicorn Go-Jek has announced a partnership between the company’s payments platform, Go-Pay, and Filipino cryptocurrency wallet Coins.ph. Local media has reported that the...

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FHFA Orders Fannie, Freddie to Consider Crypto as Mortgage Collateral

The U.S. Federal Housing Finance Agency ordered Fannie Mae and Freddie Mac to consider cryptocurrency assets as collateral for...

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens offer exposure to SpaceX’s valuation,...

EU Commission Eases Stablecoin Stance, Calms Bank Run Concerns

The European Commission downplayed the risk of bank runs linked to stablecoins after concerns raised by the European Central...

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