PHILIPPINES

The new rules are in line with the FATF recommendations.

The governor of the central bank is bullish on the advantages of digital fiat.

The initiative is receiving support from regional international regulators.

Mark Tolentino said he is being set up the missing €1.9 billion, but did not provide proof.

Bitcoin Revolution has been falsely using the name of the country’s Finance Secretary.

Metrobank is the first Philippine bank to be added to the settlement service.

The company sacked 13 percent of its workforce last year.

The transaction will take around 1-2 business days to complete.

13 virtual currency exchanges are now operating in the country.

The bank recently introduced a framework to regulate the sector.

Geraldine Zamore said that firms are already operating in the country and laws should be introduced to govern them

These will be the first crypto ATMs in the country.

The framework classifies the tokens in various categories based on their usage.

Cryptocurrency service providers in the Philippines could soon operate as regulated firms.

The Philippine Securities and Exchange Commission has not set a new due date for the regulations.

Meanwhile, the country is planning to issue 25 cryptocurrency exchange licences.

The state prosecutor said the eight individuals were "not committing any offence" when arrested

8 Israelis who ran the operation and 474 agents have all been detained

"Unfortunately, there have been a lot of cases where ICO promoters vanish into thin air."

Asia has a number of attractive demographics appealing to brokers, though the region also poses several barriers.

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