C PASS is also preparing to get an electronic money issuer license in both the Philippines and Europe and has met with Central Bank officials in the Philippines.
Cebu successfully hosted back-to-back community meetups for the Web3 Cebu community, starting with Cebu Crypto Night organized by Coins.ph.
According to Stern, Binance is looking forward to helping Cebu develop as a leading technology hub in the country.
It’s also time to bring back crypto meetups in the Visayas region as well.
The stablecoin has entered the third stage of the BSP registration process for Virtual Asset Service Providers.
It aims to introduce a new virtual currency exchange so that Filipinos can take advantage of cryptocurrencies and blockchain technology in facilitating remittance of money.