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Aug 24 2022 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…
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Aug 24 2022 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…