GoTyme Bank, the digital banking arm of the Gokongwei Group, has launched Go Crypto, a new feature within its app allowing Filipinos nationwide to own and manage cryptocurrency investments. Built on regulatory compliance and security, Go Crypto offers users a way to explore crypto investing with...
Grab Philippines is now accepting cryptocurrencies as a new cash-in method for its in-app digital wallet as the ride-hailing giant seeks to promote greater financial inclusion among digital-first Filipinos. Its parent company, Grab Holdings Inc., first launched the crypto top-up option in Singapore...
Young Filipinos are investing in cryptocurrencies at a level comparable to the government's national budget, and this trend is likely to grow further with potentially supportive Trump policies. “In the Philippines, many Filipinos have already invested in cryptocurrency, with investments amounting...
NEW YORK — Sometime in the next few days or even hours, the "miners" who chisel bitcoins out of complex mathematics are going to take a 50% pay cut — effectively slicing new production of the world's largest cryptocurrency in half. That could have a lot of implications, from the price...
Six human trafficking victims have been repatriated to the Philippines after working in cryptoscam hubs in Myanmar with little or no salary and subjected to physical and psychological abuse. Immigration Commissioner Norman Tansingco said the six victims -- two males and six females and whose...
Three Filipinos, who were recruited as call center agents in Thailand but were finally transported to Myanmar and forced to work as scammers in cryptocurrency trading, have been repatriated to the Philippines. Just like previous victims of human trafficking, Immigration Commissioner Norman...
GMA talents Mikee Quintos and Paul Salas were at the Makati City Prosecutor’s Office on Monday to file an estafa complaint against a cryptocurrency group. According to a "24 Oras" report, the celebrity couple, along with seven others, filed the complaint after supposedly being duped out of 8...
Senator Risa Hontiveros (Senate PRIB) Senator Risa Hontiveros on Wednesday, April 19 sounded the alarm once again on the notorious cryptocurrency scam syndicate, saying that many of its operations are being conducted right here in the Philippines. Hontiveros warned that "scam call centers" are...
If it's too good to be true, then it probably is. Kabayan Party-list Rep. Ron Salo (center) Kabayan Party-list Rep. Ron Salo gave this reminder to Filipinos here and abroad amid reports that foreign criminal syndicates have been exploiting some of them in so-called cryptocurrency scams. "We must...
Binance announces that Binance Nordics AB has been granted registration as a financial institution for management and trading in virtual currency by the Swedish Financial Supervisory Authority (Swedish FSA). This follows months of constructive engagement with the regulator. Binance Nordics AB holds...
Joseph invested his crypto gains into catfish farming as a new source of income. (Joseph Miranda) Cryptocurrency, or crypto, is currency that exists digitally and is designed to work as a medium of exchange through a computer network. It’s not upheld nor maintained by any government or bank and...
Users of the digital wallet Pitaka can now purchase cryptocurrencies directly with Philippine Peso and pay using their debit cards, credit cards, GCash, Maya, GrabPay, and ShopeePay within the app. Tetrix, the Filipino-led web3 company behind the digital wallet, has announced its partnership with...
