Philippine University Opens Cafe That Accepts Only Bitcoin
#SilimanUniversity in the #Philippines opened #SatsCafe, an on-campus cafe that accepts only #Bitcoin as a mode of payment.
Philippines
Philippine Police Rescue 1,000 Crypto Scam Victims
More than 1,090 human trafficking victims forced to work for cryptocurrency scams rescued by Philippine police.
Chinese Mafia Plans Filipino Scammer Team in Myanmar
A supposed scam scheme that was allegedly carried out by a Chinese mafia was revealed by Sen. Risa Hontiveros on Monday featuring trafficked Filipinos.
I-Remit Advances Its Use of Ripple’s ODL
I-Remit is a Philippines-based non-bank remittance service provider. I-Remit is among the early adopters of ODL. Internal treasury payments earlier face the same challenge as cross-border settlements. In order to improve its cross-border treasury flow, I-Remit, a non-bank supplier of remittance services with headquarters in the Philippines, has stated that it has increased its usage of Ripple’s On-Demand Liquidity (ODL) product. I-Remit is one of ODL’s early users and has been utilizing the payment system to send money across borders in real-time to the Philippines since 2018, according to a recent release by Ripple. I-Remit will this time enhance its
Philippine Colleges to offer Bitcoin and crypto courses
A Senate meeting in the Philippines future Binance`s officials. Binance is already working to offer free courses to the Filipino people. A regulatory structure wIll be required to promote innovation. According to a report from the local news outlet Inquirer, Binance, the largest cryptocurrency exchange in the world, recently attended a Senate meeting in the Philippines where authorities and business executives reviewed policies and rules for the nation surrounding digital assets. The Securities and Exchange Commission (SEC), Bangko Sentral Pilipinas (BSP), and the Cagayan Economic Zone Authority (CEZA) attended the Senate hearing. Along with the Senate Banking Committee, prominent cryptocurrency
Think-Tank Infrawatch PH Request To Suspend and Ban Binance PH
Think-tank Infrawatch PH wrote to the central bank of the Philippines to suspend and ban Binance. The think-tank agency stated that the request was due to the exchange’s action to operate without Virtual Asset Services Provider (VASP) license. Last week, Binance said the company is processing its VASP and EMI license in the country. Think-tank Infrawatch PH wrote to Banko Sentral ng Pilipinas, central bank of the Philippines, on Wednesday asking to “suspend and ban” the leading crypto exchange Binance for operating in the country in the absence of a Virtual Asset Services Provider (VASP) license. The letter’s opening as
CZ Lands In Philippines To Expand Binance Exchange
CEO of Binance CZ Zhao is in talks with media and officials in the Philippines to discuss company expansion. He emphasized that the Philippines is an important market for Binance. Binance is looking to acquire VASP and EMI licenses in the country. The CEO of Binance Changpeng Zhao is in the Philippines, a developing country, to tackle the expansion of its cryptocurrency exchange in the nation. Jekki Pascual, a reporter at ABS-CBN news, revealed in a tweet the image of CZ Zhao speaking with the media in the country about the company’s expansion. During the press briefing, CZ Zhao said
Philippines Will Soon Launch Its NFT Sale Collection on The Sandbox
Philippines flagship game will soon make its debut on The Sandbox. PINASining is a Philippines-themed Voxel Art Contest for The Sandbox. The NFT collection comes with a wide range of choices made by Filipino artists. NFTs and Blockchain Gaming continue to rattle the world and The Sandbox is the reason why. Specifically, the first Philippines flagship game is making its debut on The Sandbox. To highlight, the game is ‘PINASining’ and will host an NFT collection sale. In particular, PINASining is a Philippines-themed Voxel Art Contest for The Sandbox. It is made to draw light to Filipino pride and heritage
Axie Infinity Community Raises Funds for Typhoon-Struck Philippines
The Axie Infinity community raised funds to help the Philippines after the devastations of typhoon Odette. A majority of Axie Infinity players come from the said country. Community members from the NFT game hit Axie Infinity spearheaded multiple fundraising efforts to help the Philippines after various regions in the country suffered severe devastations due to typhoon Odette. Yield Guild Games, an NFT gaming community that is involved in Axie Infinity, is one of the chief proponents of the crypto-based funding. As of December 21, the guild was able to amass over P21 million (around $420,000). One video showed Jeffrey Zirlin,
