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Philippines
IMF Wants More Crypto Supervision in the Philippines
Crypto exchanges in the Philippines are in the crosshairs of the International Monetary Fund. The IMF warns the country’s financial sector status could diminish if exchanges are left unchecked and potentially abused for financial crimes. That as China extends tests of its digital currency to its free trade zone, Hainan Province.

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering
New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.

Standard Chartered, Philippines Bank Issue $187M Blockchain Bond
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.

Philippines Central Bank Governor: No Digital Peso Before 2023
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.

Ripple Affiliate Coins.ph Joins New Remittance Network Reaching Unbanked Filipinos
The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.

Money Sender Azimo to Use Ripple Tech and XRP for Philippines Remittance Corridor
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.

Development Group: Southeast Asian Consumers Too Bullish on Crypto?
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.

Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens
Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines, including all 7-Eleven stores.

Philippines' UnionBank Launches Stablecoin, Conducts Country's First Bank Blockchain Transaction
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use
The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.
