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Philippines

Philippines Proposes Central Bank Bitcoin Reserve With 20-Year Lockup

The Philippines may require its central bank to purchase 10,000 Bitcoin over five years. The proposed law mandates a 20-year holding period for this Bitcoin...

Philippines Proposes Strategic Bitcoin Reserve for National Security

The Philippines has proposed a bill to establish a national Bitcoin reserve. The initiative allows the Bangko Sentral ng Pilipinas to buy 2,000 Bitcoin each...

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...

Latest news

IBM Unveils 120-Qubit Nighthawk Chip, Aiming for Quantum Advantage by 2026

IBM unveiled the Nighthawk and Quantum Loon quantum processors, marking significant progress toward verified quantum advantage and fault-tolerant computers.Nighthawk...

Nvidia Eyes $200 Return Amid AI Growth and Strategic Deals

NVIDIA stock has encountered resistance near $200 but rose 5% over the last month amid fluctuating AI sector performance.The...

JPMorgan Expands JPM Coin to Base, Eyes Retail and Multi-Currency Use

JPMorgan has launched its dollar-backed stablecoin, JPM Coin (JPMD), for institutional transfers on the Base blockchain network. The system allows...

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