Philippines

UnionBank-of-the-Philippines
Philippines' UnionBank Taps Hex Trust to Test Digital Assets Custody Service
The bank said it is looking to tap into the digital asset market as institutional and customer interest grows.
UnionBank-of-the-Philippines

Breakdown 8.1.21
Gaming as a Tool of Economic Empowerment
A new essay argues player-driven digital economies create new economic opportunities.
Breakdown 8.1.21

shutterstock_1010604754
Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines
It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.
shutterstock_1010604754

Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time
Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time
Huobi applies to deregister its Beijing entity in China. Facebook in hiring mode for its Novi digital wallet project in the Philippines. K-drama gets set to take crypto back i...
Huobi Deregisters Beijing Entity; K-Drama Takes Crypto Back in Time

axie infinity
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.
axie infinity

Philippines flag.
Philippine Stock Exchange Wants to Be Site for Crypto Trading: Report
The PSE is awaiting guidelines from regulators.
Philippines flag.

Manilla Bay, Philippines.
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.
Manilla Bay, Philippines.

Axie Infinity Players in the Philippines Using In-Game Winnings to Pay Real-Life Bills
Axie Infinity Players in the Philippines Using In-Game Winnings to Pay Real-Life Bills
Axie Infinity is a mobile pet-themed game built on the blockchain that allows players to earn income through trading NFTs. When the COVID-19 pandemic struck, many young people...
Axie Infinity Players in the Philippines Using In-Game Winnings to Pay Real-Life Bills

South Korean Banks Set to Serve Crypto; Chia Drives SSD Shortage
South Korean Banks Set to Serve Crypto; Chia Drives SSD Shortage
One of South Korea’s largest banks, KB Kookmin Bank, has launched Korea Digital Assets (KODA), an over-the-counter and custody service aimed at institutional crypto investors....
South Korean Banks Set to Serve Crypto; Chia Drives SSD Shortage

IMF Wants More Crypto Supervision in the Philippines
IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges a...
IMF Wants More Crypto Supervision in the Philippines