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
Pinay entrepreneur introduces “Proof of Learn” NFT platform PINAY ENTREPRENEUR — A Filipina entrepreneur has founded an education company wherein students are paid to learn using cryptocurrency. “Proof of Learn“, according to its co-founder and CEO Sheila Lirio Marcelo, aims to make education accessible globally and has so far raised USD 17 million. “As you’re … 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
GCash enables users to conveniently buy cryptocurrency. GCASH — The mobile wallet company enables users to conveniently buy cryptocurrency at very affordable rates across Binance, PDAX, and Paxful. The company enables users to conveniently buy cryptocurrency at very affordable rates across popular crypto exchanges such as Philippine Digital Assets Exchange (PDAX), Binance, and Paxful in … Read more
Cryptocurrency will unlikely become the legal tender in the Philippines, according to the EIU. EIU — The UK-based think tank said that cryptocurrency will unlikely become the legal tender in the Philippines in the long run. The Economist Intelligence Unit said in its latest analysis that the Philippines displayed the most benign attitude toward cryptocurrency. … Read more
UnionBank was reportedly planning to launch cryptocurrency trading. UNIONBANK — The Union Bank of the Philippines was planning to launch cryptocurrency trading and custodial services as more Filipinos turned to digital currencies for transactions and investments. UnionBank revealed the details to a Bloomberg report last Thursday, hedging their bets that the average Filipino will likely … Read more
Mastercard and Bakkt announced a multifaceted partnership. Recently, Mastercard and Bakkt announced a multifaceted partnership in order to offer a broad set of cryptocurrency services and solutions for banks, merchants, and fintech in the United States. With this, consumers in the United States will experience expanded access to the digital asset ecosystem. Bakkt extended Mastercard’s … Read more
The PSE wanted to host cryptocurrency trading for investors’ protection. The Philippine Stock Exchange Inc (PSE) said that it wanted to host cryptocurrency trading for investors’ protection. In an online news briefing last Friday, PSE President Ramon S. Monzon said that they’re waiting for the rules from the Securities and Exchange Commission (SEC) on how … Read more