UnionBank Collabs with Canvas.PH to Help Artists, Collectors Explore NFT Space
The program will have a series of webinars and a sale and auction of Filipino NFT artworks curated by CANVAS.PH.
The program will have a series of webinars and a sale and auction of Filipino NFT artworks curated by CANVAS.PH.
UnionBank says it plans to offer crypto trading and crypto custody soon as a way to future proof its business.
UnionDigital Bank is set to launch Philippine Peso UnionDigital stablecoin (PHD) soon.
“We remain the only bank with real links to crypto exchanges and open to retail accounts and traders,” Arvie de Vera of UnionBank said in a phone interview.
UnionBank was recently involved with the “Nagoyo” scam where BDO accounts were hacked by a scammer named “Mark D. Nagoyo”, who has multiple UnionBank accounts, the cybercriminal stole up to P25,000 thousand to P50,000 pesos per account.
Bookshelf PH stated that ‘Opening the Archipelago: the Story of Blockchain in the Philippines’ is the essential guide to understanding blockchain technology as it applies to the Philippines.
Aboitiz-led Union Bank of the Philippines (UnionBank) said that it received the approval of the Securities and Exchange Commission (SEC) to put up a digital banking subsidiary.
UBX said this collab with Cardano highlights their mission to further excel and maximize the potential of blockchain.
The first stage is to provide digital asset custody to UnionBank employees.
UnionBank is the first publicly-listed Philippine bank to be granted a digital banking license by the BSP.