CBDC Impact on Crypto in the Philippines | BitPinas Webcast 23
Check out our episode notes, highlights, and summary of the webcast: Impact of CBDC on Crypto in the Philippin
BSP Selects Hyperledger Fabric as Blockchain for Pilot CBDC Project
Project Agila involves multiple local financial institutions and receives technical support from international organizations.
21.9M Filipinos Now Have Basic Deposit Accounts in the Philippines
The surge in the number of BDAs in a span of one year led the total value of BDA deposits to exceed ₱27 billion, a 432% rise from ₱5.1 billion in the same quarter of 2022.
Is CBDC a Step Back? Philippine Crypto Community Shares Concerns and Insights
Concerns over government control, centralization, and privacy are at the heart of this hesitation.
PDAX CEO Shares How PH Crypto Exchanges Implement AML Rules
PDAX CEO Nichel Gaba details how Philippine crypto exchanges, with a blend of technology and regulation, enforce anti-money laundering rules, ensuring financial integrity in the crypto sector.
PDAX CEO Explains Why Traditional Banks Are Often Not Crypto-Friendly
Is it advisable to put your money gained from crypto trading in local banks? PDAX CEO answers hot questions about the relationship between the crypto trading and banking industries.
BSP Bans 6 Entities for Operating as Unregistered MSBs
The Monetary Board disqualifies six entities from registering as Money Service Businesses with the BSP due to operating illegally.
BSP, Partner Retailers Launch Coin Deposit Machine
Learn about the newly launched Coin Deposit Machines (CoDM) by the central bank in partnership with SM Retail and Robinsons Supermarket.
BSP: E-Wallets Now Contribute 40% of Retail Transactions
Learn more on the rapid growth of digital payments in the Philippines, with over 40% of total retail transactions now conducted digitally.
XenRemit In, Rebittance Out As BSP Updates VASP List
Comparing the data from the September 2022 list, the April 2023 VASP list has now included XenRemit and excluded Rebittance.