Editing and additional reporting by Michael Mislos. Viral TikTok videos featuring Senator Francis Tolentino announcing a regulatory body’s plans to ban the global cryptocurrency...
While most digital banks in the country only offer fiat-related transactions, Maya Bank, powered by the e-wallet Maya app, also supports cryptocurrency transactions. Digital...
CIMB Bank Philippines launched a digital time deposit product, MaxSave Time Deposit, with interest rates of up to 7.5% per annum. The product offers...
Newly appointed DOF Secretary Ralph Recto prioritizes tax collection, aiming to collect P4.3 trillion this year, with a division of ₱3 trillion from BIR,...
Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with...
To enhance the country’s risk management regarding money laundering and terrorist financing, the Bangko Sentral ng Pilipinas (BSP) has issued a memorandum clarifying Travel...
The Japanese cabinet has endorsed a proposal to eliminate taxation on unrealized gains from cryptocurrency, particularly benefiting Web3 businesses. The proposal, currently awaiting deliberation...
Cagayan de Oro 1st District Representative Lordan Suan proposes a bill, “Electronic Wallet and Electronic Fund Transfer Small Value Transaction Fee Waiver Act,” urging...
The SEC issued a warning against PECADO for unauthorized investment solicitation without necessary licenses. PECADO lacks registration as a corporation or partnership and Ashtree...
Coins.ph, a licensed cryptocurrency wallet and exchange in the Philippines, has raised its standard daily cash-in limits. The new standard daily cash-in limits include...
