GoTyme Bank has officially entered the cryptocurrency space with the nationwide launch of Go Crypto, a new in-app feature that allows users to buy, sell, and manage digital assets directly through the GoTyme mobile banking platform.
The report, titled Project Bayani, says tokenization could become the primary way many Filipinos access investment products -- from government bonds to mutual funds and equities.
The Securities and Exchange Commission (SEC) has approved the application of Blockshoals Technologies to test its financial products and services under the agency’s regulatory sandbox program.
Starting Nov. 1, Filipinos in the United Kingdom, European Union, United States, and Canada can send money home through BCRemit using stablecoin technology.
Filipino entrepreneur Louise Ivan Valencia Payawal has raised $3.2 million in seed funding for his tech startup Ryder, drawing support from billionaire venture capitalist Tim Draper, founder of Draper Associates and an early backer of Tesla, SpaceX, and Skype.
There's no doubt that cryptocurrency has a strong role to play in the future of secure transactions in the Philippines. Its speed, transparency, and flexibility are already transforming the way people send and receive money.
The CICC said the USDT platform, a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner, is currently being used in drug payments.
By updating street maps through custom-designed dashcams, inDrive drivers can earn $HONEY tokens, which can be managed through Coins.ph and converted into peso currency or exchanged for other cryptocurrencies for trading.
