Real estate platform Aqwire has partnered with Satoshi Citadel Industries (SCI), a local crypto-currency and blockchain firm, to add a payment gateway for crypto-currencies into the platform starting with Bitcoin and Ethereum.
Senator Leila M. de Lima has urged her fellow senators to push for the swift passage of her bill that seeks to impose stiffer penalties for crimes involving cryptocurrencies to prevent a repeat of the recent P900-million pyramiding "scam" disguised as a Bitcoin investment.
In filing Senate Bill (SB) No. 1694, Sen. Leila de Lima said the criminal justice system must be prepared in case virtual currency like bitcoins -- which is increasingly becoming popular -- is used in unlawful activities.
While other platforms collect lots of fees, which turns off several cryptocurrency groups, CoinLancer, which is just a platform, collects a three percent fee, Singh said.
