In November last year, a Binance spokesperson based in South Korea told Newsbytes.PH that it has stopped its marketing activities in the Philippines while it seeks to comply with local regulations. It appears, however, that it did file any paper works to legalize its presence in the country.
A potentially damning report from Israel-based cybersecurity firm Cyberint has revealed that Chinese state-sponsored advanced persistent threat (APT) group “Mustang Panda” conducted three cyber espionage campaigns against entities in the South Pacific, including the Philippine government, in August 2023.
The Bangko Sentral ng Pilipinas (BSP) asked the public to be discerning of the claim of a company called SK Pools Mining Corporation that its “products, services, and assets are licensed, authorized, guaranteed, verified, certified, or confirmed by the BSP.”
The Cybercrime Investigation and Coordinating Center (CICC) has identified several scams that the public should be vigilant about, including fake accommodations, where villas, apartments, or seemingly legitimate hotel rooms that are advertised at “unbelievably low rates” but are non-existent.
NEDA secretary Arsenio Balisacan told a forum that access to reliable Internet services is no longer a luxury but a fundamental prerequisite for inclusive socioeconomic development.
The National Telecommunications Commission (NTC) has initiated the blocking of websites and apps offering investment opportunities without the necessary license, upon the request of the Securities and Exchange Commission (SEC).
The SC’s Management Information Systems Office (MISO) examined a returned laptop and found a backup of iPhone messages, some of which showed that RTC judge Edralin C. Reyes was engaged in corrupt practice.
The SEC issued the order after it found that the bogus Ayala Group has been conducting an unregistered investment scheme called Tasking and Recharging, which offers online jobs to prospective investors who are tasked to perform certain tasks in exchange for commissions.
The Department of Trade and Industry (DTI) said that the new legislation will amplify the agency’s efforts in building an Industry 4.0 Pilot Factory in the country.
Corporations may now file amendments to their articles of incorporation (AoI) or by-laws online, as the Securities and Exchange Commission (SEC) continues to launch new digital systems that will streamline and automate its processes.
