Bitcoin Philippines | Blockchain News Philippines | Cryptocurrency News
GCash, a popular mobile wallet app in the Philippines with more than 40 million users, is eyeing a possible listing on the Philippine Stock Exchange through Initial Public Offering (IPO) to raise more funds for expansion.
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The ban from BPI didn’t make sense because GCash, a sister company (both are part of the Ayala group) recently expressed interest to add cryptocurrency functions on the GCash mobile app.
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GCash, Play-to-Earn, it’s another good week for CryptoPH. But we need to consider what happened in Miami at the Bitcoin 2021 Conference.
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It’s truly saddening to still be marginalized after all this time operating in the regulated space.
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Filipino crypto users will have a more easy onboarding process should GCash decide to enable crypto purchases directly on the app.
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GCash is rolling out new investment funds that allows users to invest in global companies like Apple, Amazon, Microsoft, and Nintendo.
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For instance, a customer cashes in P100 in his GCash wallet. The convenience fee would be P2.58, for a total amount of P102.58 charged to the card.
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Under the “new normal” dictated by COVID-19, contactless solutions are perceived to be the best way of distributing cash assistance to families and households greatly affected by the pandemic.
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A recent consumer expectations survey by the Bangko Sentral ng Pilipinas (BSP) revealed that more Filipinos are now building their own savings accounts, with 73.9-percent of respondents setting aside money in their banks for unforeseen situations.
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Alipay recently upgraded its AI-powered risk engine, AlphaRisk to enhance its world-leading real-time risk detection and management capabilities.
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