Market Update: BSP Reiterates Crypto Stance: It’s Volatile (May 26, 2021)
Also, COL Financial’s Head of Research April Lee-Tan discusses the risk of trading crypto. Lastly, PDAX has a new campaign while OKEx has a new Independence Day promo.
Also, COL Financial’s Head of Research April Lee-Tan discusses the risk of trading crypto. Lastly, PDAX has a new campaign while OKEx has a new Independence Day promo.
Plus NBA Top Shot could not keep up with demand.
The total transaction volume from January to September 2020 was 7.2 million. This is a 36% increase versus the volume recorded within the same period in 2019 (5.3 million).
BSP is tasking the new unit to address the interplay between digital money and physical currency, as well as support the Philippines’ digital transformation of its financial services.
The World Bank previously estimated that that there would be a 13% decline in local remittances because of the pandemic.
In this exclusive interview with BitPinas, the BSP discussed the challenges of 2020, its position on cryptocurrencies, virtual asset service providers in the country, and the key benefits for international crypto companies if they register in the Philippines.
In this whitepaper, Atty. Rafael Padilla, Co-Founder and Trustee of BlockDevs Asia and Professor of Law at San Beda Alabang, examines the updated guidelines for virtual asset service providers released by the Bangko Sentral ng Pilipinas.
It’s one of those weeks where people have realized just how much power they can have if they just work together.
Elon Musk pumps up the Bitcoin price while Dogecoin flies to the moon. I think it’s still there.
It’s the end of the week. We briefly looked at the updated guidelines from the BSP as well as news from Blockfolio, Coinbase, and.. Mark Cuban?