X Launches $1 Subscription Fee for New Users in NZ, PH
X, the social media platform formerly known as Twitter, has launched a subscription model for new users in New Zealand and the Philippines. The move is part of the company’s efforts to combat bots and spam on the platform. X announced on October 17, 2023, that new users in these two countries will have to […]
Circle Partners With Coins.ph to Boost Remittance in Philippines
Coins.ph and global fintech company Circle have partnered to encourage the usage of USDC for remittances in the Philippines. The partnership, revealed in a press release on October 10, intends to give the 18 million Filipino users of Coins.ph and their relatives and loved ones overseas a faster, more affordable, and more convenient remittance option. […]
BCP to Promote Web3 Adoption in the Philippines Via State Partnership
The Blockchain Council of the Philippines (BCP), a non-profit organization for blockchain technology in the Philippines, has partnered with the Department of Information and Communications Technology (DICT) to promote Web3 adoption in the country. Dr. Donald Lim, the founding president of the BCP, stated in an announcement sent to Cointelegraph that the organization’s mission is […]
Philippines Postpones Releasing Crypto Framework Guidelines
The Securities and Exchange Commission (SEC) has delayed the launch of the long-awaited crypto regulatory framework in the Philippines. Despite the wave of market failures in 2022, the country’s financial authority has decided not to rush the publication of the legal framework for the crypto industry. The regulatory authorities are still developing the criteria for […]