Pastor Scams Fellow Christians, Pocketing $1.3 Million in Cryptocurrency Scheme SCAMMER PASTOR – Eli Regalado, a pastor in the US, along with his wife, Kaitlyn, is facing a lawsuit for selling a cryptocurrency called INDXcoin to fellow Christians in Colorado, allegedly duping them into believing divine guarantees of wealth. The couple, who operate an online … Read more
Binance: “We are on the end of acquiring a VASP license and EMI license in the Philippines.” BINANCE — The global cryptocurrency exchange announced its plan to acquire a local company as a way to secure a VASP license in the Philippines. Binance general manager for the Philippines Kenneth Stern said that they’re at the … Read more
GCash unveiled that it was working on its new services. GCASH — The fintech company unveiled that it was working on its new services, including cryptocurrency products and pet insurance for cats. The Ayala-led financial technology company earlier launched pet insurance catering to dog owners, but the service will soon be available for cats. GCash … Read more
SEC ordered the Astrazion Group to stop its illegal crypto-themed investment scam. SEC — The Securities and Exchange Commission ordered the Astrazion Group to stop its illegal cryptocurrency-themed investment scam. Inquirer reported that the agency issued a cease and desist order against Astrazion Global Holdings Philippines Inc., Astrazion Noble Task Community Foundation, and Astrazion International … Read more
Russia will “sooner or later” legalize crypto as a means of payment, according to Industry and Trade Minister Denis Manturov. CRYPTO — On Wednesday, Industry and Trade Minister Denis Manturov said that Russia will legalize cryptocurrencies as a means of payment “sooner or later”, suggesting that the central bank and the government may be moving … Read more
PayMaya: “We are very excited to launch this feature, a big step up in making crypto accessible to every Filipino.” PAYMAYA — The mobile wallet company said that cryptocurrency or crypto has become popular with digital-first younger Filipinos. Manila Bulletin reported that cryptocurrency ownership and usage in the country have grown exponentially from 2019 to … Read more