Philippines Financial News

19.05 / 19:19

Adoption NFT Blockchain Game How will GameFi and P2E blockchain gaming evolve in 2022? Report

Crypto gaming has grown in popularity as more players collect and trade digital assets, generating a dependable income for game developers and creating value for players. In a recently published report, Cointelegraph Research shows how Axie Infinity gamers in the Philippines were able to earn their regular monthly salary in 2020 simply by playing the game, at a time when measures to prevent the spread of the COVID-19 pandemic brought economic hardship to the country.

17.05 / 13:33

Provident Platform Mobile 22. Tala

Founder: Shivani Siroya (CEO)Launched: 2014Headquarters: Santa Monica, California Funding: $362.1 millionValuation: $800 million (PitchBook) Key technologies: Machine learning Industry: FintechPrevious appearances on Disruptor 50 List: 2 (No. 20 in 2021)

10.05 / 15:13

business PayPal Bitcoin Talos raises $105M to become the latest crypto unicorn valued at $1.3B

PayPal-backed cryptocurrency firm Talos is becoming the latest unicorn in the industry, reaching a $1.25 billion valuation following new funding.

06.05 / 16:41

cryptocurrency DAO CRYPTONEWS YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

04.05 / 19:21

Adoption Altcoin Cointelegraph Consulting Blockchain Game How blockchain games create entire economies on top of their gameplay: Report

Axie Infinity turned its game into a billion-dollar economy that helped thousands of players in the Philippines and other low-income countries to weather the fallout from pandemic mitigation measures. The main ingredient for success: strong property rights.

03.05 / 17:07

Blockchain Twitter Platform Pool copper YGG SEA Announces the $SEA Token IDO Public Sale on Copper

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

29.04 / 17:49

Ethereum Gemini Bitcoin Drop Crypto Adoption Continuing in Developing Countries Despite Price Drop

Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said.

28.04 / 19:01

Ethereum Stablecoin economics Bitcoin Crypto Trading Volume Falls for Sixth Month, US GDP Disappoints + 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.

28.04 / 00:11

Blockchain Adoption regulation Central Bank wholesale The Philippines will launch pilot wholesale central bank digital currency project

The project will be led by an intersectoral domestic team, Diokno said, as well as “external advisers from international standard-setting bodies and multilateral institutions to build on training and knowledge sharing on CBDC development and implementation all over the world.” Diokno called the project “critical in constructing the BSP’s medium- to long-term roadmap for more advanced wholesale CBDC projects that will further strengthen the Philippine payment system.”

26.04 / 17:33

Blockchain Digital Infinity Poloniex boost play YGG SEA Secures USD 15 Million from Marquee Investors to Boost Play-to-Earn Gaming in Southeast Asia

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

20.04 / 09:13

business IPO Investments NASDAQ Crypto focused SPAC raises $115M in Nasdaq IPO

Aura FAT Projects Acquisition Corp. (AFARU), a special purpose acquisition company (SPAC), has closed its IPO on Nasdaq and raised $115 million, with a focus on crypto industry assets.

13.04 / 15:47

regulation privacy Central Bank Central Banks Struggle With Privacy-related CBDC Headaches

As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust in using CBDCs, according to a recent paper released by the Bank for International Settlements (BIS).

12.04 / 23:51

Blockchain CBDC Adoption regulation inclusion Financial BIS releases study of CBDCs and their role in financial inclusion of the unbanked

The Bank for International Settlements, or BIS, released a paper Tuesday on central bank digital currencies, or CBDCs, and how they can be used to meet policy goals for financial inclusion. The paper drew on interviews conducted in the second half of last year at nine central banks that are currently exploring retail CBDCs. It looked at common goals across a range of economic development levels and challenges to inclusion.

12.04 / 13:25

Ethereum Digital Bitcoin Philippines' fintech achieves unicorn status after embracing crypto payments

Voyager Innovations, the firm behind the Philippines' top digital payments app Paymaya, has announced it has achieved unicorn status after a recent round of funding, surpassing a $1 billion valuation.

07.04 / 13:39

business Ethereum PayPal Bitcoin Singaporean fintech adds Bitcoin payments for merchants with BitPay partnership

Nium, a cross-border payments firm based in Singapore, has announced the launch of a new API-based solution that will allow businesses to start accepting cryptocurrency payments.

07.04 / 10:31

Blockchain Ethereum Bitcoin The Philippines' top payment provider adds crypto to its mobile app

Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others.

21.03 / 13:41

Blockchain Adoption education Bitcoin Turning losses to wins: How a Ponzi victim became a crypto evangelist

Losing money to a Ponzi scam is not the ideal introduction to the crypto ecosystem. Thankfully, Mark Dave Manansala gave crypto and blockchain a second chance and discovered a new passion.

18.03 / 15:43

Government Blockchain Ethereum Bitcoin Qatar exploring digital banks and central bank digital currencies

The Qatar Central Bank (QCB) is reportedly investigating the possibility of launching a digital currency and issuing digital bank licenses.

17.03 / 10:31

Adoption NFT Gaming Time Blockchain gamers see playing NFT games as a potential full-time job, says new survey

Despite the fall of nonfungible token (NFT) prices, play-to-earn NFT gaming carries on as more people see it as a potential way to make a living.

08.03 / 16:51

Blockchain Adoption Central Bank The Philippines to launch pilot CBDC implementation

As the world of finance continues to transform, new forms of money are challenging traditional monetary infrastructures that have been around for a long time. Currently, central bank digital currencies (CBDCs) have caught the eye of various countries, including the Philippines.

06.03 / 19:27

AXY Currency Indices Infinity Bitcoin Axie Infinity: In demand, yes, but is it delivering well enough

Axie Infinity brought GameFi and NFTs to prominence with its play-to-earn model. Ergo, it is not surprising that to date, it stands to be the most sought-after NFT.

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