Crypto

SEC Chairperson Explains Position on Binance and Unregistered Crypto Entities

In a recent statement, Securities and Exchange Commission (SEC) Chairperson Emilio B. Aquino addressed the challenges faced by regulators in pursuing unregistered firms, notably mentioning cryptocurrency exchanges such as Binance. Speaking with BusinessWorld, Chairperson Aquino underscored the regulatory responsibilities amidst

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Coins.ph Granted Regulatory Approval to Roll Out Peso Stablecoin

Coins.ph, a leading cryptocurrency platform, has secured regulatory approval from the Bangko Sentral ng Pilipinas (BSP) to introduce a peso stablecoin named PHPC. This stablecoin is set to be accessible to retail customers, and will mark a milestone in the

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SEC to Introduce Cryptocurrencies Framework to Safeguard Traders’ Interests

The Philippines Securities and Exchange Commission (SEC) is gearing up to introduce a regulatory framework for cryptocurrencies and their trading activities in the latter half of this year. This development was recently disclosed by the SEC’s chairman, Emilio B. Aquino,

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SEC Enlists Apple and Google to Ban Binance Apps in the Philippines

The Securities and Exchange Commission (SEC) of the Philippines has taken the unusual step of reaching out to tech giants Google and Apple to remove applications operated by the cryptocurrency platform Binance from their respective digital marketplaces, Google Play and

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PDAX Steels Itself for Impact of Bitcoin Halving on Cryptocurrency Landscape

In a recent address at the “What’s Halvening? Token Tales and Toasts” gathering in Rockwell, Makati City, PDAX CEO Nichel Gaba shed light on the platform’s preparedness for the anticipated Bitcoin halving. This process is integral to the cryptocurrency sector,

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UBX Introducing Philippine Peso Stablecoin on Polygon to Enhance Remittances

UBX, the digital subsidiary of the Aboitiz Group, has disclosed its plans to launch a stablecoin pegged to the Philippine peso, utilising the Polygon PoS blockchain technology. This initiative is aimed at enhancing the efficiency and cost-effectiveness of remittance processes

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Philippines’ SEC Moves to Block Binance Amid Licensing Concerns

In a significant development, the Philippines’ Securities and Exchange Commission (SEC) has escalated its actions against the unlicensed operations of Binance, the globally renowned leading cryptocurrency exchange, until recently. This move comes after the SEC’s decision, during their meeting on

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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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Coins.ph Achieves Record Trading Volume with Coins TradeDesk in Early 2024

In a notable development at the outset of 2024, Coins.ph, the most established Bitcoin and cryptocurrency exchange market in the Philippines, announced that its service Coins TradeDesk has achieved a trading volume of over P8 billion in January alone. Coins

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Coins.ph Marks 10th Anniversary with 10% USDC Rewards Initiative in February

To mark its tenth anniversary, local market cryptocurrency exchange Coins.ph has initiated a program to offer 10% rewards on USDC holdings to its users during February under its HODL and Earn scheme. This initiative, running from the 1st to the

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