The Philippines central bank has approved a total of 10 crypto exchanges. And Union Bank of the Philippines (UBP) has launched its first crypto ATM machine. According to manilatimes, THE Bangko Sentral ng Pilipinas (BSP) is a central bank which has approved 3 more crypto exchanges to run in the...
The Philippines loyalty-based token is already listed on Cryptopia and NemChange, but has made a move into the Korean market via the new exchange. LoyalCoin chief operating officer Paolo Bediones said: “This is an exciting development and we are delighted to be trading on Coinis. “We see Korea as a...
Philippines has recently introduced rules related to ICO’s. The cryptocurrency tokens are taken into account as securities while drafting these rules. The SEC in the Philippines has already created draft rules. As a result, ICO’s will be more clearly and transparently regulated in the Philippines. Also, currently, it...
With the growing number of exchanges sites, it becomes a very daunting task for the government to keep track of every company’s action and prevent it from any illegal use. In the purview of that, the government of Philippines has come forward to limit the number of cryptocurrencies exchange...
Well, we have heard of countries around the world regulating the cryptocurrency law in the view to protect country’s economic condition. But the Philippines government has taken a step ahead to support 10 cryptocurrency exchange houses and blockchain companies. This decision taken is expected to boost country’s economy...
