Category Archives: Philippines

Asia Covers 60% of the World’s Crypto Landscape

Asia Crypto Landscape

With regards to digital currencies, Asia represents a colossal number of crypto clients, organizations, miners, dealers, and the sky’s the limit from there. The cryptographic money and blockchain specialist from messari.io, Mira Christanto, clarifies that Asia has apast filled with despots, cash devaluation, [and] capital controls – all ready for disturbance. This has likely prompted Asia being the most dynamic […]

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Philippines-based PDAX Accidentally Sells Bitcoin at $6,000 Each

PDAX

Philippine crypto trade PDAX as of late endured an expensive specialized disappointment – one that prompted bitcoin exchanging at 300,000 Philippine pesos (around $6,000) – a rebate of 88% to its present cost.  In the scuffle, a few clients figured out how to purchase at these incredibly low costs and immediately moved the bitcoin (BTC) away from their trade wallets […]

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Asia Is Still the Driving Region for Cryptocurrency

Asia Crypto

With regards to cryptographic forms of money, Asia represents countless crypto clients, organizations, miners, merchants, and then some. The digital money and blockchain analyst from messari.io, Mira Christanto, clarifies that Asia has a past filled with despots, cash devaluation, [and] capital controls – all ready for interruption. This has likely prompted Asia being the most dynamic cryptographic money markets, as […]

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India Goes Ahead the Crypto Race as Asia’s Second-Largest Bitcoin Market

Crypto India

Something that 2020 will be associated with is the point at which the cryptographic money belief rose up out of its corner and became the overwhelming focus in conversations around innovation, strategy and account. Bitcoin costs have penetrated highs last observed in late 2017. Different governments across the world are putting resources into creating Central Bank Digital Currencies (CBDCs), which […]

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Philippines Is Gearing Up to Be the Next Blockchain Fintech Center

Philippines Blockchain Fintech Center

In a driven offer to make the Philippines as Asian money related innovation (fintech) capital, the administrator of the House Committee on Ways and Means on Monday documented House Bill (HB) 7864, or the Blockchain Technology Development Act.  Albay Rep. Joey Sarte Salceda said his bill means to guarantee that blockchain innovation is legitimately perceived and directed in the nation.  […]

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Philippine Central Bank Approves 16 Cryptocurrency Exchanges

Philippine Bitcoin Exchange

The Philippines keeps on developing in the zone of crypto resources and blockchain innovation. A week ago, the Philippine Bureau of the Treasury alongside the UnionBank and Philippine Digital Asset Exchange propelled a blockchain-empowered portable application for appropriating officially sanctioned treasury bonds, Bonds.ph.  National Treasurer Rosalia V. De Leon clarified that the new versatile application will permit Filipinos, especially the […]

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Bitcoin Movement Thriving in India Despite Regulations

Bitcoin Movement India

At the point when India’s Supreme Court toppled the financial limitations for crypto trades back in March, everything changed.  From that point forward, Binance joined the Internet and Mobile Association of India (IAMAI), which assumed a key job in toppling the boycott, and noted dangerous development by means of WazirX, the Indian trade Binance obtained in 2019. A WazirX representative […]

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Terrorist Networks Conduct Crypto Transactions in Southeast Asia

Bitcoin Terrorism

It creates the impression that some fear-based oppressor bunches have come back to cryptographic forms of money as a methods for financing amidst the pandemic.  The Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) announced that Islamic State (IS)- connected terrorist groups had led their first exchanges in cryptographic forms of money. As indicated by the report, a psychological […]

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11% of Indonesians Now Own Bitcoin or Another Cryptocurrency

Bitcoin Indonesia

A report, compiled by Hootsuite, We Are Social and Kepios, cites data from GlobalWebIndex. The report states that 11% of people in Indonesia own some form of cryptocurrency, making it the sixth country for cryptocurrency adoption. According to the report, it lags behind the Philippines, Brazil, South Africa, Thailand, and Nigeria. In the Philippines, 17% of the population owns some […]

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RAKBANK Partners up with BDO Unibank to Enhance Philippine Footprint

RAKBANK BDO

There are numerous reasons why the Philippines is turning out to be progressively crypto-accommodating. Not just has its national bank enrolled more crypto trades as of late, yet the Securities and Exchange Commission has likewise been effectively finishing crypto rules. The nation has a functioning crypto network, and probably the biggest bank has been occupied with numerous crypto ventures. The […]

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