DOF Secretary Diokno Backs Online Seller Tax for ‘Fairness’
DOF Secretary Diokno says the creditable withholding tax on online sellers in the Philippines is about making the tax system ‘fair’.
For Wholesale Transactions Only: BSP Confirms Continuation of Pilot Test of Country’s Own Central Bank Digital Currency
According to BSP Gov. Medalla, Project CBDH aims to allow any Southeast Asian native in the country to make wholesale transactions.
Diokno: There’s No Question That Blockchain Is Superior
DOF Chief Benjamin Diokno emphasized that the blockchain is undoubtedly superior technology.
Finance Chief Diokno: This is Not the Right Time for CBDCs
Finance Secretary Diokno stressed the country should improve PESONet and InstaPay first before doing CBDCs.
![[Newsletter] CryptoPH Wrap-Up – How Will the Infrawatch vs Binance Story End?](https://bitpinas.com/wp-content/uploads/2022/07/CRYPTO-INSIGHT-NEWSLETTER-2-1-768x402.png "[Newsletter] CryptoPH Wrap-Up - How Will the Infrawatch vs Binance Story End? 5")
[Newsletter] CryptoPH Wrap-Up – How Will the Infrawatch vs Binance Story End?
Will the story end when Binance gets a license? Or will the regulator agree to the points brought up by Infrawatch?
Finance Secretary Mulls Imposing Tax on Digital Transactions
The former Bangko Sentral ng Pilipinas (BSP) Governor insisted that digital transactions should be taxed on the basis of fairness.
Former BSP Governor Benjamin Diokno is Now the Finance Secretary
According to Diokno, his main focus as the head of DOF is to attain an A-level credit rating
Felipe Medalla is the New BSP Governor
Diokno says he’s confident Medalla will continue the game-changing reforms he enact under his leadership of the central bank.
BSP Wants Better Surveillance of Blockchain and Crypto Companies – ADB Report
The BSP wants to better track and monitor blockchain and crypto companies according to Asian Development Bank.
Incoming DOF Chief Disagrees on Proposed Tax Reforms Which Include Crypto, Digital Goods
Diokno noted that the DOF must focus mainly on the government’s tax administration during the first year of President-elect Ferdinand R. Marcos Jr.