Tag: Philippines

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

The Central Bank of the Philippines warns the public against using non-local crypto trading platforms. 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…
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Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV’s ‘Best Metaverse Performance’, Crypto Green and Red Regulatory Lights + 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. __________… Read More: Hodlnaut & Swyftx Lay Off Staff, USD 9M Carried Out in eNaira, MTV’s ‘Best Metaverse Performance’, Crypto Green and Red Regulatory Lights + More News  Read more »Sign up for e-EUR…
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Law Decoded, Aug. 8-15: In the eye of Tornado Cash

U.S. Treasury links the crypto mixer with $7 billion worth of laundered money. 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…
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Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App

Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet. Unionbank to Add In-app Crypto Exchange Feature, Reportedly a First…
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Philippines Will Stop Accepting Crypto License Applications for 3 Years, Regulator Says

The central bank of the Philippines, Bangko Sentral ng Pilipinas, has announced that it will stop accepting crypto license applications for three years, starting next month. The central bank is the primary regulator of the crypto sector in the Philippines. Philippines Halts Accepting Crypto License Applications The Philippine central bank, Bangko Sentral ng Pilipinas, announced…
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BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + 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. __________… Read More: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

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…. Read More: SEC Charges 11 People over USD 300M Crypto ‘Pyramid Scheme’  Read more »Pay, Trade, Buy Bitcoin…
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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.  __________… Read More: World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Binance ban off the cards, says Philippine trade and industry department

The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank. A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards cryptocurrencies in the country. The Philippines’…
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Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide

Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there…
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