Crypto, Play-to-Earn, and NFT Philippines News and Resource
All things regulatory and compliance.
The Bangko Sentral ng Pilipinas (BSP) reported increased OFW remittances in February 2020 at US$2.62 billion, which is 2.6% higher than what was previously recorded in February 2019.
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In view of the imposition of MECQ and GCQ in the country until May 31, 2020, the 30-day grace period for loan payments will be further extended to all loans with principal and/or interest falling due from March 17, 2020 to May 31, 2020.
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Telegram CEO Pavel Durov announces it is discontinuing the Telegram Open Network (TON) and the GRAM token after a regulatory battle with the US Securities and Exchange Commission (US SEC).
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SEC said this scheme involves the sale of securities in the form of investment contracts to the pub
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SEC also said Won Project took advantage of the current health crisis by offering a promo that gives an additional 50% bonus on Woncoin purchases during the pandemic so that these investors can earn during the quarantine period.
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