Philippines
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Philippines Bans Privacy Coins, Tightens Crypto Listing Rules
The Bangko Sentral ng Pilipinas (BSP) has ordered all licensed Virtual Asset Service Providers to implement strict due diligence processes before listing cryptocurrencies.New guidelines...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Coinbase bets on AI, expands beyond crypto trading
Coinbase launched three major AI products and broader financial tools, positioning itself as "the financial account for the intelligence...
Malware-Laced Steam Wallpapers Steal Crypto Wallets
Malware hidden in Steam Workshop wallpaper downloads is stealing crypto wallet data and installing hidden miners.The campaign uses infostealers...
EU MiCA Deadline Looms as US CBDC Ban Advances
The EU's MiCA licensing deadline on July 1 is pressuring exchanges, with BitGo launching a compliant service to help...
