As the bear market rally continues in the background, mobile wallet and payments services provider GCash is looking into cementing the Web 3.0 and cryptocurrency space in the Philippines by focusing on initiatives that will drive education and innovations.
The new framework expanded the activities subject to the licensing regime of the BSP from initially covering those involved in facilitating the exchange of virtual currencies.
The Securities and Exchange Commission (SEC) has issued another warning against Bitcoin Revolution, which presents itself as a cryptocurrency trading program purportedly endorsed by government officials, businessmen, and celebrities.
The Department of Finance (DOF) has warned the public against false information that DOF secretary Carlos Dominguez III is promoting a cryptocurrency auto-trading program called Bitcoin Revolution.