SEC Issues Advisory Against AlgoSCALP’s “Enticing” Investment Scheme
The firm uses “scalping”—a trading style that specializes in profiting off of small price changes and making fast profit from reselling.
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Regulation
All things regulatory and compliance.
Rep. Salceda to BIR: PH Tax Laws Must Adopt to Increasing Online Freelancers
He added that there are about a million virtual employees in the country.
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What is SWIFT? | Payments, Sanctions, and Role in Global Money Transfer
SWIFT is a key component to any country’s progress in terms of bank transfers, locally and internationally.
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BSP To Pilot Central Bank Digital Currency Project
The Central Bank already started a study about CBDC’s nature and implications for the whole financial system last year.
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PayMaya Parent Firm’s MayaBank Eyes Q1 Launch
PayMaya Philippines’ Maya Bank will be crypto-ready and crypto-friendly, the firm said.
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Crypto Unlikely to be Legal Tender in PH – UK Think Tank
The Think Tank said the Philippines will most likely restrain crypto deals in the next five years.
Read more BSP Unlikely to Release Own Digital Currency
For now, according to Diokno, the BSP is strengthening the domestic retail payment system in the country.
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SEC Advises Public to be Cautious on Crypto Investments
This month alone, the SEC already flagged 4 entities that are leveraging the emerging market of cryptocurrency and play-to-earn games.
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SEC Issues Advisory Against “Future Farming”
The SEC is emphasizing that Future Farming is not registered as a corporation or partnership and is not authorized to solicit, accept or take investments from the public nor to issue investment contracts.
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PayMaya and Facebook Novi Philippines Receive Virtual Currency Exchange License from the BSP
(Update April 5, 2022) PayMaya Crypto Function is Now Live! By Shiela Bertillo Mobile e-wallets Paymaya and Novi Philippines Inc.
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