• BSP and SEC eye regulations for use of crypto and DeFi

    by: Dennis Gutierrez – Contributor / @inquirerdotnet

    source: https://newsinfo.inquirer.net/1652500/bsp-and-sec-eye-regulations-for-use-of-crypto-and-defi

    Binance and FinTech Alliance Philippines are joining the government in sharing insights on cryptocurrencies, regulatory frameworks, and financial inclusion in the country.

    Over the last few years, the crypto industry has seen a rise in interest within the Philippines. Digital assets continue to attract Filipinos, with transactions back in the first half…

  • Filipino adults with bank accounts jump to 56%

    by: Lawrence Agcaoili – The Philippine Star

    source: https://www.philstar.com/business/2022/08/24/2204606/filipino-adults-bank-accounts-jump-56

    MANILA, Philippines — The share of Filipino adults with bank accounts soared to 56 percent in the first quarter   from 29 percent in 2019, according to the 2021 Financial Inclusion Survey of the Bangko Sentral ng Pilipinas (BSP).

    The number of Filipino adults with bank accounts doubled to 42.9 million…