Blockchain
YGG Partners with Coins.ph for Efficient Token Transfers to Ronin
In an effort to streamline and economise the transfer of its tokens to the Ronin blockchain network, Yield Guild Games (YGG) has joined forces with the cryptocurrency exchange Coins.ph. This collaboration aims to alleviate the financial burden for those involved
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List of Licensed Cryptocurrency Exchanges in the Philippines
In the Philippines, the fintech sector is developing at a rapid pace, fueled by booming digitalisation of the country’s payments, but also by the progressive stance towards cryptocurrency exchanges. As the global cryptocurrency markets have endured waves of positive and
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BSP Lauds Rise in Digital Payment Technology in the Philippines
The Bangko Sentral ng Pilipinas (BSP) has reported on the ongoing expansion of digital payment technologies, noting their significant role in enhancing the delivery of financial services to unbanked populations and micro, small, and medium enterprises (MSMEs). This development is
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BSP CBDC Project: Here’s All We Know About the Wholesale Digital Currency
In the rapidly evolving landscape of global finance, the fairly recent emergence of Central Bank Digital Currency (CBDC) represents a significant shift towards the digitalisation of national currencies. The Bangko Sentral ng Pilipinas (BSP), under the leadership of Governor Eli
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GCash Partners Axie Infinity and Ronin to Enhance Web3 Gaming Access
GCash has entered into a strategic partnership with Axie Infinity and Ronin, aiming to facilitate access to blockchain-based gaming, also referred to as Web3 gaming, in the face of challenges brought about by recent cryptocurrency regulations. This collaboration is intended
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Coins.ph Raises Daily Cash-in Limits up to PHP 10 Million
Philippines’ cryptocurrency exchange Coins.ph announced that it has increased its daily cash-in limits for its users. Level 2 accounts, which require ID and selfie verification, now have a daily cash-in limit of PHP 500,000. Coins.ph said that Level 1 users
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Coins.ph’s TradeDesk Surpassed US$1 Billion in Crypto Trading Volume This Year
Philippines’ cryptocurrency exchange Coins.ph revealed that its TradeDesk service has surpassed a trading volume of US$1 billion in 2023. TradeDesk, launched in November 2022, caters to high net worth individuals and institutional clients, offering a personalised over-the-counter trading experience in
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Coins.ph and Paxos Streamline Remittances with PayPal USD Stablecoin
Philippines’ cryptocurrency exchange Coins.ph has partnered with Paxos Trust Company, a New York-based blockchain infrastructure platform, for more efficient cross-border remittances with PayPal USD (PYUSD). With PYUSD now available on Coins.ph, this collaboration aims to facilitate easier fund transfers for
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UnionBank Gets Approval as Virtual Asset Service Provider in the Philippines
Union Bank of the Philippines recently achieved another first in the industry after securing a Certificate of Authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP). According to UnionBank this makes them
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YC-Backed Cera Brings Stablecoin-Based U.S. Stock Investing to the Philippines
Cera, a U.S. stock trading platform backed by Y Combinator, has announced its beta launch in the Philippines through a partnership with digital asset custody and infrastructure firm Fireblocks. The platform allows Filipinos and anyone anywhere in the world to
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