The law would also hold accountable and liable telecom companies, media platforms and Internet services providers for their failure to block, remove, and take other proper actions to ensure the prosecution and conviction of the perpetrators.
The cease-and-desist order was issued after the SEC found that the Astrazion Group has been operating an online multi-level marketing platform where it actively promotes the sale of its digital currency called AZNT Token for 10 cents per token.
The Bangko Sentral ng Pilipinas (BSP) and the Philippine Payments Management Inc., (PPMI) said they will launch “Bills Pay”, “Request to Pay”, and “Direct Debit” facilities.
The Supreme Court (SC) has admonished a La Union regional trial court (RTC) judge “to be more circumspect in his professional and personal dealings in social media” for posting on his Facebook account photos showing him half-dressed and revealing his tattoos on his upper body.
Albay representative Joey Salceda was conferred with the first ever DOST HEROES or House (of Representatives) Exponents of Responsive and Outstanding Engagement in Science Award in a ceremony hosted by DOST Region V last May 17.
Launched in 2020 and led in part by Filipino co-founder Jay Anonuevo, BLOX has made significant traction on its product roadmap, all of which is aimed at achieving true decentralization.
Data privacy practitioners are calling for penalties to be imposed on Cebu Pacific pilot Van Ranoa who made a false accusation on Facebook that Vice President Leni Robredo demanded that her airplane be given priority landing during a flight last month, forcing other flights to be diverted to other airports.
The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta, met recently with officials of PT WIR Asia to discuss the Indonesian tech firm’s plan to expand into the Philippines with an initial projected investment of $20 million for this year.
Meanwhile, Globe’s finance app GCash said it remains unfazed over its closest competitor Maya’s move to offer digital banking and cryptocurrency trading, saying a digital banking license is a silver bullet or magic for fintech business success.
