Take a look at the interest rates of digital banks in the Philippines for February 2024.
Today’s top crypto jobs Philippines listings from UnionDigital and iTrust. Find out more jobs in BitPinas.
UnionDigital attributed their growth to the increase in their loan book made possible by their data on consumer behavior.
In an exclusive response to BitPinas, the Central Bank confirmed that it has granted UnionBank a limited crypto exchange (VASP) license.
Acquiring the certificate is the third and final step to enabling these financial institutions to start full operations.
De Vera stated that the UnionDigital is “designed to bank the metaverse.”
Bernas added that the need arises to have a bank account because of the need to purchase in-game assets and services.
The partnership aims to help Filipino gamers enjoy the convenience of using their digital financial services.
UnionDigital is the fourth bank to be granted a digital banking license by the central bank.