Category Archives: Philippines

Bitcoin Breaches 8000, Asian Countries Recognize Advantages

Bitcoin Asia

Bitcoin saw an inversion of its low esteem and not just achieved its past highs. It has since seen its value bounce over the $8,000 mark with highs of $8,100, with various new records. The Bitcoin value has since retreated down to exchanging at 7,900-8,000 yet this seems to be impermanent. Of course, inquiries have emerged from this, and interest […]

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Naspers Invests $5M into Coins.ph to Target the Unbanked

Naspers Coins

Productive venture firm Naspers is making a push into bitcoin and money related administrations after it sponsored Philippines-based startup Coins.ph to the tune of $5 million. Coins.ph is centered around offering money administrations for the unbanked in the Philippines and Thailand. It utilizes the blockchain as its hidden innovation to encourage exchanges and settlements. It declared the new financing — […]

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Blockchain May Just Be the Solution to Asian Issues of Financial Inclusion

Bitcoin Asia

Last year, staff individuals inside the International Monetary Fund (IMF) recommended that virtual monetary forms could advance money-related consideration. The IMF issued the standard alerts about how virtual monetary forms (VCs) may be utilized for tax evasion, fear based oppression, and different odious purposes. Be that as it may, it additionally composed that VCs offer numerous potential advantages, including more […]

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New Services in the Philippines Start to Use Bitcoin

Bitcoin Philippines

The Philippines has encountered a surge in the development of its bitcoin user base. Coins.ph, the most prominent and generally utilized application is additionally a standout amongst the most-utilized applications and electronic platforms over all classifications including amusements, content sharing, online networking, and so on. Coins.ph is a settlement centered bitcoin application that empowers anybody in the nation to live […]

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Bitcoin Revolutionizes the Gambling Industry in Asia

Bitcoin Gambling

Bitcoin has progressed significantly since it has been conceptualized and made by Satoshi Nakamoto in 2008. Once considered by market analysts as theoretical air pocket, the cryptocurrency is presently gradually being grasped by more business pioneers and monetarily lawmakers as a feasible option item. Bitcoin has been making waves as far back as it entered the scene in 2009. These […]

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Coins Raises $5 Million Investment for Asian Financial Inclusion

Coins.ph

Coins.ph, a bitcoin startup that expects to get budgetary incorporation Southeast Asia has brought $5 million up in a Series A round of subsidizing to quicken its push to bring essential monetary administrations for the unbanked in the district. Highlights incorporate a wallet and constant settlement administrations, while clients will likewise have the capacity to purchase telephone credit, make charge […]

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Filipino Startup First Circle Pushes Fintech Forward with 1.2 Million Seed Round

First Circle

First Circle, a Philippines-based organization with Irish authority, reported a solid $1.2 million seed round driven by Dublin-and-London-based Key Capital with money likewise originating from 500 Startups and Singapore-based IMJ Investment Partners. “We’re looking to change that and early indications suggest we’re onto something. We’re building a community of the most dynamic SMEs in South East Asia and providing them with the […]

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Philippines Pushes Forward with an Accepting Attitude towards Cryptocurrency

Coins.ph

Ron Hose was driving a fruitful life as a business visionary turned-investor in Palo Alto, California, in 2012 when he had an epiphany: The spot for advancement was not in the heart of Silicon Valley, but rather in Asia. The American PC researcher was pondering how to make “positive social effects” through establishing and supporting new businesses. In the meantime, […]

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Bitcoin Conquers More Ground in the Philippines

Coins.ph

Bitcoin has shown that cryptography and decentralization can give a fruitful distinct option for customary techniques for securing information. Information might be secured utilizing the Blockchain and cryptography, with brilliant contracts used to execute exchanges. Protection controls executed in keen contracts exactly indicate who can see them. Swinging to Asia, the Philippines is one nation where Bitcoin has flourished. In […]

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Bangko Sentral ng Pilipinas Gives Thoughts on the FinTech Industry

BSP

With a majority of the population still unbanked, the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) has decided to turn its eyes on the advancements in the financial technology sector in their implications in the banking industry in general. The FinTech industry is a bustling one with the fine integration of the tech and financial sectors and now […]

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