In Meme We Trust: Philippines Weekly Crypto Roundup: May 8, 2023
Get the latest updates in Philippine crypto and blockchain news with our comprehensive weekly roundup for May 8, 2023!
Get the latest updates in Philippine crypto and blockchain news with our comprehensive weekly roundup for May 8, 2023!
In a paper published by Atty. Rafael Padilla, Co-Founder and Trustee of BlockDevs Asia and Professor of Law at San Beda Alabang, the application of blockchain and smart contracts in finance gives financial regulators no choice but to revisit existing rules and, at the same time, assess their relevance in the world of Decentralized Finance (DeFi) and open finance.
In addition, the association also added that it will explore ways to continue its cooperation with the Philippines.