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Philippine Central Bank Halts Bitcoin, Crypto Service Provider Approvals For Three Years

The central bank stated virtual asset service providers pose a great risk but will allow existing businesses to continue operations or expand.

Philippine Bank to Offer Bitcoin Trading: Report

The Union Bank of the Philippines reportedly plans to offer trading and custody of bitcoin and cryptocurrency.

Western Union Partners With Crypto Wallet for Cross-Border Transfers

Crypto wallet provider Coins.ph has partnered with U.S. financial service company Western Union to enhance cross-border transfers to the Philippines.

UnionBank Launches Two-Way Bitcoin ATM in the Philippines

So far, the UnionBanl hasn't mentioned its intention to deploy more bitcoin ATMs in the future, but it will be monitoring the usage and performance of the ATM, which could impact what it does next.

BTCC Launches Mobi App, Enters Bitcoin Debit Card Market

BTCC, a major bitcoin exchange and trading platform operator in China, officially launched its first mobile application, “Mobi,” introducing various features and products including...

Global Banks and Financial Operators Using Stellar to Create a Global Payment Network

Stellar is announcing four new partnerships with financial institutions that will enable low cost global money transfers to the Philippines, India and Europe, and...

Rebit.ph Co-Founder: Bitcoin Doesn’t Make Remittances Cheaper (Yet)

Luis Buenaventure, co-founder of one of the best known bitcoin remittance companies in the space, Rebit.ph, has published a blog post on Medium claiming...

Rebit’s Bitcoin Solutions Targets the $2 Billion Canada-to-Philippines Remittance Market

Universal bitcoin company Satoshi Citadel Industries’ Rebit.ph has partnered with California-based global transaction network and money transfer platform ZipZap to enable Filipino expat workers...

Three Bitcoin Startups Solving Remittance Problems in the Philippines

The Philippines has the world’s third largest remittance market just behind India and China, with overseas remittances reaching more than $25.1 billion in 2013....

Satoshi Citadel Industries Acquires Philippine Exchange BuyBitcoin.ph

Universal Bitcoin service provider, Satoshi Citadel Industries (SCI), has acquired over-the-counter bitcoin transaction service, BuyBitcoin.ph for an undisclosed amount.“The biggest technical roadblock for widespread...
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