philippines cryptocurrency

Apr

Despite Binance ban, crypto demand is resilient in the Philippines

The Philippines in late March began to blocking access to Binance, the world’s largest cryptocurrency exchange by trading volume. The country’s Securities and Exchange Commission (SEC) said it received the assistance of the National Telecommunication Commission (NTC) to block access to Binance’s website and online trading platform, according to a…

Jul

Blockchain Research

The Philippines is shrugging off the crypto bear market

2022 is turning out to be the worst crypto bear market yet. Bitcoin’s price is hovering around US$20,000 while most traders of the paramount cryptocurrency traders are underwater and continuing to sell at a loss. The dismal crypto market conditions – and how they highlight decentralized digital currencies’ inherent volatility…

May

Blockchain Research

Crypto is making inroads in the Philippines

The Philippines is taking a different approach to crypto than many other Asian countries, most notably in a tentative acceptance of the use of decentralized digital currencies for payments. Thailand, Vietnam and Indonesia have all banned crypto for payments outright, while Singapore has licensed just a handful of companies to…

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philippines cryptocurrency