Philippines Financial News

02.11 / 16:23
business Government Stablecoin Bitcoin Union Bank Union Bank of the Philippines launches Bitcoin and Ethereum trading
The Union Bank of the Philippines (UnionBank), one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm.
27.10 / 13:07
cryptocurrency Google Advertising Investment ad Google Hints Crypto Bear Market is Negatively Affecting Ad Revenue
Google saw advertiser pullback in financial services, including the cryptocurrency subcategory, according to the latest earnings call from Google’s parent company, Alphabet.
27.10 / 11:45
Cooper Platform S Korean Gov’t Worker ‘Embezzled Public Funds and Escaped with $2.8m in Crypto’
A missing South Korean government worker is thought to be on the run with $2.8 million worth of public funds stolen from the country’s National Health Insurance Service (NHIS) – and the suspect appears to have converted most or all of the money to crypto.
26.10 / 17:39
Ethereum Google Bitcoin ad Google feels the bear market as crypto ad revenues slip since July
The latest earnings call from Google’s parent company, Alphabet, highlighted decreased search advertising spending from financial services and cryptocurrency subcategories.
25.10 / 22:19
Adoption remittances Western Union may be planning to expand its digital offerings far beyond remittances
Western Union may be preparing to offer crypto-related services, judging from trademark applications filed by the company last week. This is the latest of several attempts the company has made to enter the cryptoverse. So far, it has had limited success.
21.10 / 14:37
Adoption Gaming Chainalysis Vietnam Ranks 1st in Crypto Adoption, USA is 5th, China Back in Top 10 - Chainalysis
While emerging markets generally dominate the global adoption list, when it comes to the top 10 list, three developments stand out: Vietnam taking the crown again, the US climbing to fifth place, and China re-entering the list, according to the latest report by blockchain analysis company Chainalysis.
19.10 / 13:12
Blockchain Adoption bonds Israel kicks off live tests for its tokenized digital bonds
The Israeli Ministry of Finance, together with the Tel Aviv Stock Exchange (TASE), digital assets custody provider Fireblock and the United States software solutions developer VMware, will conduct the testing of a blockchain-backed platform for digital bonds trading. These bonds will be issued by the Ministry of Finance. 
07.10 / 11:43
European economy peace Watch live: Who will be awarded the Nobel Peace Prize 2022?
The winner, or winners, of this year's Nobel Peace Prize will be announced Friday at the Norwegian Nobel Institute in Oslo.
06.10 / 06:33
markets business Blockchain Unemployment GameFi could be the answer to unemployment for some — Aussie game studio
Australian-based Web3 game studio Ninja Syndicate's CEO and founder believes GameFi could usher in a new era where users can earn a living wage through blockchain games.
28.09 / 01:35
Law regulation Cybercrime Training Binance Global Law Enforcement Training Program is official after year of activities
Binance announced the existence of its Global Law Enforcement Training Program in a blogpost on Sept. 27. The creation of the program could be considered retroactive, since the company’s investigations team has been holding workshops for law enforcement for the past year. 
25.09 / 16:23
UPS Central Banks May Stoke Risks by Raising Interest Rates Together
Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on record. Some economists fear they may go too far if they don’t take into account their collective impact on global demand.
23.09 / 18:09
NFT NFTS Asia Can You Guess What the Top On-Ramp for Crypto is in Asia and Oceania? Here’s the Answer
Non-fungible tokens (NFTs) are the biggest on-ramp to the cryptocurrency market among countries in Central & South Asia and Oceania (CSOA) according to a new report. 
23.09 / 12:07
regulation IRS Taxes IRS to summon users who don't report and pay tax on crypto transactions
With the crypto community growing bigger and as trading volumes reach new highs, the United States is also making more effort to ensure that its Internal Revenue Service (IRS) could properly collect cryptocurrency tax. 
22.09 / 05:53
Blockchain Adoption Asia NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report
Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found. 
21.09 / 01:03
COST Binance Digital Bitcoin Philippines resort will soon be called ‘Bitcoin Island’- Here’s why
The western coast of the little vacation town in the center of the Philippines is being developed into a “Bitcoin Island.“ Pouch, a cryptocurrency wallet service, has been actively promoting Bitcoin’s use on the island for the past four months.
20.09 / 07:25
Blockchain Gaming Yield Guild Games: Web3 gaming adoption needs a local touch
The blockchain-based gaming industry will need to look at localized strategies to attract Web3 gamers, says decentralized gaming guild Yield Guild Games (YGG).
15.09 / 19:21
Blockchain Citi Extreme AXY index There Are Some Major Surprises in the Global Crypto Adoption Index 2022
The newly released Global Crypto Adoption Index for 2022 by blockchain intelligence firm Chainalysis contains several surprises, with perhaps the most notable being that China remains a top 10 country for crypto adoption despite a ban on nearly all-things crypto.
15.09 / 12:41
Blockchain Provident FIVE Bitcoin This country is leading in ‘Global Cryptocurrency Adoption Index’
Emerging markets are leading the cryptocurrency adoption index globally, says a Chainalysisreport. It adds that lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption.

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