Philippine

Highlights: PHPX stablecoin aims to improve cross-border remittances and financial inclusion in the Philippines. Hedera DLT ensures compliance with international crypto-asset regulations for PHPX. PHPX reserves will be held in segregated trust accounts to ensure security. Philippine banks are gearing […]

Highlights: The SEC’s new rules require crypto service providers to register and obtain a CASP license. Crypto providers must register and disclose risks and technology for public offerings. The SEC is gathering feedback to create a balanced framework by January […]

Highlights: The Philippine central bank has rolled out disclosure requirements for Virtual Asset Service Providers. Firms will reveal liquidity covers, financial positions, addresses, total value, etc in a bid to protect investors. This will help prevent fraud and collapses in […]

Tether, the world’s largest stablecoin issuer, has launched a new payment option in partnership with Uquid. This initiative allows Filipino citizens to pay their Social Security System (SSS) contributions using USDT, a stablecoin pegged to the US dollar. The SSS, […]