How Bank Failures in the US Could Impact Philippine Crypto Regulations
With the collapse of US banks, we explore the perspectives of different stakeholders on if this contagion will lead to stricter regulations.
With the collapse of US banks, we explore the perspectives of different stakeholders on if this contagion will lead to stricter regulations.
Wei Zhou claimed that instead of Bitcoin, stablecoins will be the key for crypto mass adoption which will also lead to Bitcoin growth.
OFR plans to invest heavily in the 0N1 Force franchise and create a community board to oversee the project.
Coins.ph’s VR avatar studio is not only for its own use, but is also open for brands, influencers, and creators to create content with.
To achieve this, Wei explained the need to learn blockchain, crypto, NFT, and other digital assets by using them in day-to-day lives.
“We are very excited to launch our new Pay with QR feature on the Coins Wallet, a service which will make everyday transactions easier.” – Wei Zhou
The Central Bank confirmed to BitPinas that it checked the situation of the local exchanges to see if they were affected by the FTX’s collapse.
Wei Zhou of Coins.ph believes crypto is the key for full financial inclusion in the Philippines.
Wei Zhou believes the Philippines has the population that allows it to be the global epicenter of fintech.
The CEO of Coins.ph puts it bluntly as to what will happen if they ignore the rules of the BSP for virtual asset service providers (VASPS).