Philippines

Axie Infinity

Philippines Looks to Tax Hit Blockchain Game Axie Infinity: Report

Eliza GkritsiAug 25, 2021

The country is the video game's leading market.

Banks

Philippines’ UnionBank Taps Hex Trust to Test Digital Assets Custody Service

Sebastian SinclairAug 18, 2021

The bank said it is looking to tap into the digital asset market as institutional and customer interest grows.

Opinion

Some Filipino Merchants Prefer Payment in Axie’s SLP

Leah Callon-ButlerAug 25, 2021

Hoping to benefit from the success of the blockchain game, merchants in the Philippines are now accepting Axie's Smooth Love Potion (SLP) token.

Ripple

Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines

Sebastian SinclairJul 28, 2021

It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.

Opinion

How Axie Infinity Creates Work in the Metaverse

Leah Callon-ButlerJul 17, 2021

A cute NFT pet game called Axie Infinity is currently raking in more protocol revenue than Ethereum and Bitcoin. Filipinos are benefitting.

Philippines

Philippines

Philippine Stock Exchange Wants to Be Site for Crypto Trading: Report

Cheyenne Ligon

The PSE is awaiting guidelines from regulators.

Mobile Payments

Philippines Leading Mobile Wallet Explores Possible Crypto Offering

Sebastian Sinclair

GCash would join such other major payment firms as PayPal and Square in addressing growing demand for cryptocurrency services.

Money Laundering

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

Tanzeel Akhtar

New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.

Philippines

Standard Chartered, Philippines Bank Issue $187M Blockchain Bond

Tanzeel Akhtar

The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.

Philippines

Philippines Central Bank Governor: No Digital Peso Before 2023

Jaspreet Kalra

The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.

Ripple

Ripple Affiliate Coins.ph Joins New Remittance Network Reaching Unbanked Filipinos

Sebastian Sinclair

The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.

Ripple

Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor

Sebastian Sinclair

European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.