Philippines Central Bank Freezes Payment Licenses
Bangko Sentral ng Pilipinas considers a temporary freeze on new Operator of Payment Systems licenses to enhance compliance standards; existing operators remain unaffected. #Update #Legal
Bangko Sentral ng Pilipinas considers a temporary freeze on new Operator of Payment Systems licenses to enhance compliance standards; existing operators remain unaffected. #Update #Legal
Coins.ph integrates $BTC and $ETH into the Philippines’ QR Ph network, enabling crypto payments at 700,000 merchants; PHPC stablecoin launch pending BSP approval. #Update #Crypto $BTC
Binance partners with Blockshoals under Philippine SEC’s StratBox to launch a supervised crypto sandbox, starting in 2026 for at least two years. #Update #Crypto
Meta launches USDC stablecoin payouts for creators in Colombia and the Philippines via Solana and Polygon, partnering with Stripe. Global expansion planned in 2026. #Update #Crypto $USDC
The Philippines has launched the Integrity Chain, a blockchain platform for government spending transparency amid anti-corruption protests, utilizing advanced cryptographic solutions for data integrity. #Update #Crypto $MATIC
The U.S. Treasury sanctioned @FunnullTech for its role in a $200M crypto scam linked to China and the Philippines; the FBI seeks victim information. #Breaking #Legal (+9) ↗
@GcashApp opens access to $USDC for 100 million users in the Philippines, enabling stable digital currency use for global payments and savings (March 18) #Update #Crypto $USDC (+7) ↗
@Coinbase commissioned a study with Ipsos revealing that over two-thirds of adults in Argentina, Kenya, Philippines, and Switzerland view crypto as a solution to outdated financial systems. In Kenya, 94% see crypto as essential for modernization. #Update #Crypto (+4) ↗