From Binance Ban to Blockchain Education: The Most Impactful BitPinas Stories of 2024
As we close the book of 2024, BitPinas reflected on the year’s most impactful stories in the cryptocurrency and blockchain space in the Philippines.
As we close the book of 2024, BitPinas reflected on the year’s most impactful stories in the cryptocurrency and blockchain space in the Philippines.
These expectations highlight the need for local exchanges to prioritize accessibility, innovation, and user trust to remain competitive and drive mass adoption in 2025.
BitPinas posted an inquiry in its Facebook page questioning whether Mayaโs response of asking users to return profits was fair or if users should have avoided capitalizing on the error given USDCโs dollar peg.
BitPinas sought Maya’s response to the issue and mentioned an issue with its third party vendor system.
Maya finally addresses a USDC pricing error that led to user account restrictions and hefty charges.
Their nominations show that legal teams in the crypto industry are serious about adhering to the countryโs laws and regulations.
The update is significant as it directly affects users’ control over their assets on the platform.
In today’s daily news recap, we look at the possible fall out of the Maya crypto app not being available for almost one week now.
The outage has prevented users from taking advantage of recent market dips to buy assets.
Those who will apply for the Landers credit card powered by Maya is eligible for a 50% membership discount at Landers.