The Bangko Sentral ng Pilipinas (BSP) has cautioned the public against dealing with virtual asset service providers (VASPs) that are unregistered or those that...
Actress Yassi Pressman has announced she is gearing up to launch a new play-to-earn platform in the Philippines, having been inspired to venture into the tech world by Players Elite Guild (PEG), a community she founded that introduces cryptocurrency to Filipino gamers.
Cryptocurrency marketplace Coexstar has announced it is launching a joint venture with First Shoshin Holdings Corp., a venture capital firmed funded by former lawmakers Jack Ponce-Enrile and Sally Ponce-Enrile.
The combined forces of the SEC Enforcement and Investor Protection Department (EIPD) and PNP’s Anti-Cybercrime Group (ACG) arrested the officers of Decentra while in the act of soliciting investments from the public without the requisite license during a seminar or business presentation in a hotel in Quezon City.
Fintech platform Maya, which used to be known as PayMaya, said it is confident that its rebranding and the addition of digital banking in its list of services will boost the app and eventually put it at par, if not surpass, its main rival GCash.
After updating its screening process for online lending apps to help address the proliferation of predatory lending, Google will soon require advertisers offering cryptocurrency exchanges and wallets targeting the Philippine audience to present proof of their registration or license to operate in the country.
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.
On top of that, there will be growth of attacks against payment systems and more advanced mobile threats, while cybercriminals will take advantage of investors by fabricating rogue wallets with backdoors included.