The Philippines Takes a Bold Move Toward AI and Women’s Inclusivity
Discover how the Department of Trade and Industry of the Philippines and Connected Women are joining forces to transform the digital world through AI.
From bad to worse? Assessing China-Philippines relations
The diplomatic waters between China-Philippines are becoming increasingly turbulent, with both nations ramping up rhetoric over territorial claims in the South China Sea. This escalation of tensions, despite calls for dialogue to resolve the issues, has raised concerns about the direction and future of China-Philippines relations. The situation is particularly delicate under the administration of […]
Philippines couldn’t become friends with China – and it really did try
The diplomatic dance between the Philippines and China over the contentious South China Sea has been a prolonged and intricate affair. Despite earnest efforts by Manila to forge a friendlier relationship with Beijing, recent events have only highlighted the complexities and challenges in this geopolitical tango. Philippines President Ferdinand Marcos Jr.’s recent remarks underscore a […]
Global Web3 adoption accelerates as MetaMask partners with six countries
MetaMask, a renowned software cryptocurrency wallet, has significantly forged new partnerships in six countries: Vietnam, the Philippines, Indonesia, Thailand, Egypt, and Chile to foster the Web3 ecosystem. This move extends MetaMask’s reach and signals a strategic shift towards embracing the burgeoning potential of Web3 in diverse markets. Localized collaborations: Empowering users worldwide MetaMask collaborated with […]
Philippines pioneers tokenized treasury bonds with $270 million sale
In a historic move, the Philippines has successfully completed its maiden tokenized treasury bond sale, raising $270 million in funds. The sale, which garnered significant interest from investors, marks a significant step towards embracing digital technology in the country’s bond market. The Bureau of Treasury (BTr) reported an overwhelming response from investors, with bids for […]
Coins.ph and Circle join forces to revolutionize remittance in the Philippines
To promote USDC-denominated remittances in the Philippines, local fintech entity Coins.ph has forged a strategic alliance with Circle, the creator of the USDC stablecoin. The agenda behind this partnership is to cultivate a broader adoption of cryptocurrency remittances via the stablecoin among the 18 million Filipinos utilizing Coins.ph. The Philippines currently ranks as the fourth […]
U.S. and Philippines unite against crypto – Details
In a strategic move to counter the rising tide of financial crimes in the crypto world, the Philippines Securities and Exchange Commission (SEC) has enlisted the support of the United States and the Asian Development Bank. Their combined mission? To hone their capabilities and tools to prevent fraud and scams, especially those rampant in the […]
Philippines central bank selects Hyperledger Fabric for CBDC pilot
The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), revealed today that it has chosen Hyperledger Fabric as the Distributed Ledger Technology (DLT) for its wholesale Central Bank Digital Currency (CBDC) pilot, known as Project Agila. Initially referred to as Project CBDCPh, Project Agila is designed to educate the BSP and collaborating financial institutions about […]
Philippine National Police warns against Axie Infinity’s P2E treacherous scheme
Axie Infinity has been named by the Philippine National Police Anti-Cybercrime Group (PNP ACG) as part of its warning to Philippine citizens regarding the diverse strategies employed to extort funds from the cryptocurrency gaming community by crypto games. In their cautionary stance against cryptocurrency gaming schemes, Philippine law enforcement specifically emphasized the play-to-earn approach utilized […]
The crypto revolution in the Philippines is embracing Blockchain for financial inclusion and empowerment
The Philippines has joined the rest of Asia in crypto adoption. Cryptocurrencies have entirely changed how we think about money and how traditional financial systems operate. The Philippines has established itself as a prospective player in the crypto industry, and the Blockchain Council there has been instrumental in promoting the uptake and comprehension of these […]
Patiently powering through insight into the Philippines’ delay in issuing crypto regulatory framework
Amidst the shimmering waters of the Pacific and the lush greenery of the archipelago, a sophisticated dance of regulation and freedom unfolds in the Philippines, one of Southeast Asia’s rapidly accelerating economies. After the global market failures in 2022, the country’s financial watchdog, the Philippines Securities and Exchange Commission (SEC), has opted for patience and […]
