The BSP Warns the Public Anew with New Advisory on Cryptocurrencies
One key highlight is their advice against pyramid schemes disguised as ICOs or those using bitcoin as a front for scams.
One key highlight is their advice against pyramid schemes disguised as ICOs or those using bitcoin as a front for scams.
Top institutions that deal with or regulate cryptocurrency voiced their warnings anew amidst rising bitcoin demand.
As the BSP looks at 12 more virtual currency exchange applications, bitcoin transactions continue to rise in the country.
The Securities and Exchange Commission issued new comments as to how to deal with Initial Coin Offerings in the future.
Seeing the growing demand for cryptocurrency in the Philippines, the government considers applying existing laws on ICOs and virtual currencies.
The Central Banks of the Philippines and Singapore signed an agreement to create better Fintech environment bet. the 2 countries, built over blockchain tech.
Once Appsolutely presents its new business model that dabbles in blockchain tech and cryptocurrency next month, it’s confident that the BSP will approve it.
At a recent event, the Bangko Sentral ng Pilipinas reiterates its cautious but non-prohibitive approach to the use of cryptocurrency in the country. Read more about it here.
Can you freely transact bitcoins in the Philipines? In this article, we list down efforts by both BTC exchanges and the Central Bank to establish guidelines about the use of Bitcoin in the country.