Philippines Financial News

14.09 / 14:05

Blockchain Adoption index Emerging markets lead global adoption index: Chainalysis report

While global adoption slowed down because of the chilling winds brought about by the crypto winter, emerging markets seem to be on fire in terms of crypto adoption as they surpass higher-income countries in an index that measures adoption.

09.09 / 14:35

Ethereum Man scam Bitcoin Ethlot.me Ethereum Mining ‘Scam Mastermind’ Flees South Korea for the Philippines

The alleged leader of what police believe to be a ethereum (ETH) mining scam masquerading as a bona fide “pool” has fled abroad.

08.09 / 15:03

Europe Bitcoin Which countries are the worst for crypto taxation? New study lists top five

Global cryptocurrency taxation rules significantly vary among countries, and some jurisdictions have come up with extremely tough crypto tax policies for their residents.

26.08 / 13:51

CEO Mobile Dreams Esports, Web3 Firm Ampverse Expands into the Philippines

Esports and Web3 company Ampverse has expanded into the Philippines, making it the fifth market.

25.08 / 16:55

Adoption regulation security FinTech hearing committee Binance gives security assurances in Philippine senate banking committee hearing

Binance representatives participated in a hearing of the Philippine Senate Banking Committee, according to a report in the local press Wednesday. Bangko Sentral ng Pilipinas deputy governor Chuchi Fonacier, the country’s Security Exchange Commission (SEC) chair Emilio Aquino, and members of FinTech Alliance Philippines and the Cagayan Economic Zone Authority also took part in that hearing.

24.08 / 20:53

Blockchain Ethereum litecoin Bitcoin Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News

19.08 / 20:25

Binance Swyftx enaira regulatory Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV's 'Best Metaverse Performance', Crypto Green and Red Regulatory Lights + More News

19.08 / 14:47

Binance regulation foreign The Philippines pushes back against foreign exchanges, continuing a protectionist streak

The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warning to the citizens, discouraging them from engaging in any operations with unregistered or foreign crypto exchanges. The announcement itself doesn’t sound menacing but taken in the context of accompanying developments, it makes a 112-million nation a restive region for crypto.

15.08 / 23:41

regulation Law Decoded, Aug. 8-15: In the eye of Tornado Cash

Summer is still on, harvesting the fresh names for its list of the crypto companies in deep trouble. This time, the trouble came not from the market or management but from the United States Treasury Department. The regulator has added more than 40 cryptocurrency addresses allegedly connected to crypto mixer Tornado Cash to the Specially Designated Nationals list. These individuals and groups allegedly laundered more than $7 billion worth of cryptocurrency.

15.08 / 13:29

Blockchain interview Bitcoin Crypto needs ‘enabling environment,’ Philippines central bank says

Amid the rising cryptocurrency adoption in the Philippines, the country’s central bank is seeking measures to better protect investors through elevating local crypto awareness.

11.08 / 19:17

Ethereum ETF coinbase Bitcoin NOT BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News

11.08 / 16:47

Blockchain Adoption Central Bank The Philippines halts virtual asset provider license applications

While many believe that the Philippines can become a new crypto hub, that dream may be shattered in the meantime as the country’s central bank announced a 3-year hiatus from accepting new virtual asset service provider (VASP) applications.

10.08 / 19:01

business Blockchain Binance Binance optimistic on Philippines entry despite SEC pushback

Despite the Philippine Securities and Exchanges Commission warning the public against investing with Binance, the crypto exchange stays positive and relentless in bringing its services to the Southeast Asian country.

04.08 / 14:21

business Binance regulation NOT Philippine SEC cautions the public not to invest with Binance

The Philippine Securities and Exchanges Commission (SEC) cautioned the public not to invest in the crypto exchange Binance in their response to policy think tank Infrawatch PH’s attempts to woo the SEC to take action against the exchange.

02.08 / 13:43

Blockchain Provident Digital Strategy 11 Best NFT Marketing Agencies

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

02.08 / 10:55

Crime Legal Sec Charges SEC Charges 11 People over USD 300M Crypto 'Pyramid Scheme'

The US Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto pyramid and Ponzi scheme that raised over USD 300m from millions of investors worldwide, including in the United States.

01.08 / 23:39

Binance SEC coinbase Kraken Coinbase, Binance and Kraken under scrutiny: Law Decoded, July 25-August 1

Despite some good signs of the crypto prices recovery, last week could hardly be called bright for the market, as the major news came from the enforcers and not the regulators. According to a report from the New York Times, the United States Treasury Department’s Office of Foreign Assets Control (OFAC) has been investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto in a potential violation of U.S. sanctions.

27.07 / 22:15

markets Ethereum Ether price Ethereum options data show pro traders ready to go long into ETH’s Merge

Ether (ETH) is down 11.5% in seven days even after the recent confirmation of the "Ethereum merge" transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on July 14, developer Tim Beiko proposed Sept. 19 as the tentative target date.

26.07 / 18:37

Blockchain Binance CFTC SEC World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

26.07 / 14:58

business Government Bitcoin SEC Philippines to investigate Binance over alleged illegal operations

Philippines’ think tank Infrawatch PH continues efforts to ban Binance in the country by asking more regulators to investigate the cryptocurrency exchange over alleged illegal operations.

26.07 / 12:59

Blockchain Ripple XRP FOMO Pay taps Ripple's liquidity solution for treasury management

Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL).

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