Some Filipino Merchants Prefer Payment in Axie’s SLP

Hoping to benefit from the success of the blockchain game, merchants in the Philippines are now accepting Axie's Smooth Love Potion (SLP) token.

Features  ·  25 August 2021

Philippines Looks to Tax Hit Blockchain Game Axie Infinity: Report

The game's creator and its players have to pay taxes in the Philippines, authorities say.

News  ·  25 August 2021

How Axie Infinity Creates Work in the Metaverse

A cute NFT pet game called Axie Infinity is currently raking in more protocol revenue than Ethereum and Bitcoin. Filipinos are benefitting.

Features  ·  17 July 2021

Philippine Stock Exchange Wants to Be the Site for Crypto Trading When It’s Approved: Report

The PSE is just awaiting guidelines from the Philippine SEC and other regulators.

News  ·  4 July 2021
Mobile Payments

Philippines Leading Mobile Wallet Explores Possible Crypto Offering

GCash would join such other major payment firms as PayPal and Square in addressing growing demand for cryptocurrency services.

News  ·  4 June 2021

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.

Policy & regulation  ·  26 January 2021
Standard Chartered Bank

Standard Chartered, Philippines Bank Issue $187M Blockchain Bond

The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.

Business  ·  7 December 2020

Philippines Central Bank Governor: No Digital Peso Before 2023

The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.

News  ·  22 October 2020

Ripple Affiliate Joins New Remittance Network Reaching Unbanked Filipinos

The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.

Business  ·  23 June 2020

Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor

European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.

Business  ·  27 February 2020

Development Group: Southeast Asian Consumers Too Bullish on Crypto?

Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.

News  ·  12 December 2019

Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens

Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines, including all 7-Eleven stores.

Business  ·  19 September 2019

Philippines’ UnionBank Launches Stablecoin, Conducts Country’s First Bank Blockchain Transaction

The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.

Business  ·  30 July 2019

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.

Policy & regulation  ·  11 June 2019

Western Union Integrates With Crypto Wallet to Expand Philippines Remittances

The money transfer giant has teamed up with blockchain startup to enable residents of the Philippines to directly receive cash remittances.

Business  ·  8 April 2019