Finblox Chief: PH, with Malaysia & Vietnam, Highest Crypto Adoption Rate Around the Globe
According to Peter Hoang, the high rate is due to the p2e and NFT craze and crypto firms’ pre-existing efforts.
According to Peter Hoang, the high rate is due to the p2e and NFT craze and crypto firms’ pre-existing efforts.
Philippine crypto leaders stressed the need for new regulatory categories for cryptocurrencies and virtual assets.
The local crypto community met at Draper Startup House Manila to discuss the most important topic of the day – the bear market.
Luis said NFT art provides an opportunity for artists to collaborate and offer their work to an art community that they would never have had access to otherwise.
The Bloom team has an excellent presence in the local community and we think that BloomX is going to be a great fit with the Filipino consumer.” – Colin Goltra, Binance
The app will allow Philippine residents to securely trade over 250 cryptocurrencies in exchange for PHP.
“Learn as much as you can about Bitcoin and what it means from a technological, monetary, and network standpoint. Bitcoin is still very new.”
Traders who might have met in marketplaces might eventually prefer to deal with each other directly, eliminating fees and marketplaces requirements.
Luis ended the show highlighting that he wants Bloomcast to be the place where everyone in the crypto PH community can go and talk about and represent what they are doing.
Luis Buenaventura: We’ve always been a focus area for small- to mid-sized crypto projects, but 2020 was the first time that the major players started to make substantial resource investments here. The PH crypto market is still growing, but the community is passionate and ready to join the international arena in a big way.