All by tag: Philippines

If the initiative is implemented, the country will become the first in the world with a blockchain-based budget

The bill states that the reserve should not be sold or exchanged for any purpose other than to pay off public debt

Digital asset service providers will also be required to file regular reports as part of anti-money laundering efforts

Officials explained their decision by the lack of registration of the exchange

According to the head of the regulator, this is due to the unsuccessful experience of implementation of a distributed registry by other central banks

The first places in the ranking were taken by mostly developing lower-middle-income countries

Provided they meet the requirements of the local regulator, companies can apply for a license until August 31

The local think tank, Infrawatch PH, pointed out that the platform has been operating illegally in the country for several years

The project aims to assess the prospects for the use of state digital currencies

The funding round was led by Tiger Global