Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years

2022-8-11 14:51

The Philippines' central bank is closing its application window for new virtual asset services providers (VASP) licences for three years from Sept. 1.

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UnionBank of the Philippines to utilize METACO and IBM for its crypto custody operations

METACO, a provider of security software and infrastructure to the crypto-asset ecosystem, has announced that Union Bank of the Philippines will deploy its digital asset management solution. Moreover, UnionBank is deploying services on IBM Cloud, in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure which are fully integrated with METACO’s software.

2022-1-21 22:20


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Filipino Top Lender Joins Forces with Metaco and IBM for Crypto Custody 

Union Bank of the Philippines has partnered with Metaco and IBM for its digital assets custody operations. The partnership will enable UnionBank to leverage Metaco’s digital asset orchestration system, METACO Harmonize, and IBM Cloud to offer its customers secure digital asset custodial services, according to reports on January 20, 2022. Union Bank Unveils Crypto CustodyRead More

2022-1-20 22:00


Philippines’ CEZA Approves First Digital Asset Token Offering (DATO)

MANILA, Philippines (September 2nd, 2019) — The Cagayan Economic Zone Authority (CEZA), Asia Blockchain and Crypto Association (ABACA) and First Bullion Holdings Inc. (First Bullion) has jointly announced the certification of the Flourish City Development Limited (FCD) Digital Asset Token Offering (DATO), the first asset-backed token offering approved by CEZA and ABACA.

2019-9-2 02:30


Philippines’ CEZA Approves First Digital Asset Token Offering (DATO)

MANILA, Philippines (August 15, 2019) -- The Cagayan Economic Zone Authority (CEZA), Asia Blockchain and Crypto Association (ABACA) and First Bullion Holdings Inc. (First Bullion) has jointly announced the certification of the Flourish City Development Limited (FCD) Digital Asset Token Offering (DATO), the first asset-backed token offering approved by CEZA and ABACA.

2019-8-19 14:30


BitMEX funds Philippines-based crypto-exchange PDAX, aims to harness ‘transformative potential of cryptocurrencies’

BitMEX Ventures has infused an undisclosed amount of funds into the cryptocurrency exchange platform, Philippines Digital Asset Exchange [PDAX]. The BSP regulated exchange, PDAX, had recently secured an undisclosed amount of capital from ConsenSys Ventures, the venture capital arm of US-based blockchain firm, ConsenSys.

2019-6-4 19:30


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Philippines Implement New Regulations for its Cryptocurrency Industry

Crypto-friendly Philippines now has a new set of comprehensive regulations tagged as the digital Asset Token Offering (DATO) regulations. The guidelines were formulated and approved by the Cagayan Economic Zone Authority (CEZA), to sanitize the space and protect consumers against fraud, according to a Vietnam News report on February 4, 2019.

2019-2-5 14:00