The Philippines' largest digital wallet, GCash, has added support for Circle’s flagship stablecoin product, USDC. The development increases the number of digital assets the platform supports through its crypto division, GCrypto, to 39. The addition of USDC support means that users now have access to another stablecoin, aside from PayPal’s ...
Tether, the world's largest stablecoin issuer, has introduced a new payment option for citizens of the Philippines that allows them to pay their Social Security System (SSS) contributions using USDT. Pay Social Security System contributions with USD₮ on @ton_blockchain via @uquidcard in Philippines🇵🇭 pic.twitter.com/8WJyNVH0ux — Tether (@Tether_to) July 1, 2024 ...
The Philippines's Securities and Exchange Commission (SEC) has accused Binance of operating in the country without the necessary approval or license. In a notice issued to the public on November 28, 2023, the regulator warned citizens to exercise caution before using the platform as it violates crucial rules guiding securities ...
According to Reports from Local Media, on May 7, 2023, the Philippine National Police rescued 1,090 individuals who were trafficked into the country from various Asian countries and coerced or convinced to endorse fraudulent cryptocurrency investments. The operation was led by the Colorful and Leap Group, and at least 12 ...
