BSP To Pilot CBDC for Wholesale Transactions
The initiative is part of its aim to promote the stability of the country’s payment system.
The initiative is part of its aim to promote the stability of the country’s payment system.
Even if the market speculates, the fact that an asset is speculated on does not make it a security.
The Commission reminded the public not to invest and to stop investing in any investment scheme being offered by YDYS TRADING.
Personal remittances stood at $2.793 billion, a 1.2% higher from $2.759 billion last year, but still lower than January’s $2.966 billion.
The Commission also noted that LFC Football is also not registered either as a crowdfunding intermediary or a funding portal.
AMLC Executive Director Mel Georgie B. Racela stressed that financial institutions are involved when players convert in-game tokens into fiat currency.
From property rights to IP Code, here’s everything you need to know about NFT laws and crypto art regulation in the Philippines.
This initiative is meant to implement the firm’s compliance with the ‘Travel Rule,’ a government policy that requires customers to divulge personally identifiable information when their transactions exceed a certain threshold.
Investors’ money are being transferred to a Binance wallet and the “bot” will automatically trade in whatever cryptocurrency.
The PCC is currently eyeing the use of data science tools in its implementation and enforcement of competition law and policy.