Wed, July 8

Binance Joins Philippines Sandbox as SEC Approves BlockShoals Strategic Testing Program

BlockShoals Technologies Inc. has been authorized by the Philippine SEC to undertake product testing through the Strategic Sandbox program. This move was triggered by BlockShoals completing further regulatory requirements after being cleared under the StratBox program in November 2025. The Binance co-founder He Yi announced the news through social media,

July 2, 2026 2 mins read

Philippines Advances Tokenization Plans Through SEC-Led Sandbox Framework

The Philippine SEC has increased its focus on tokenization due to the growing interest in blockchain financial products. The regulators are currently making use of StratBox to test new digital asset services in a regulated way. During the Philippine Blockchain Week 2026, the SEC Commissioner feels confident that tokenized assets

June 20, 2026 2 mins read

Binance Aids Philippines in Busting $3.75M Crypto Ransom Scheme

The largest crypto exchange, Binance, publicised yesterday that its Financial Intelligence Unit (FIU) backed Philippine law enforcement in knocking down a sophisticated kidnapping-for-ransom function, including $3.75 million laundered via cryptocurrency.  The bad actors transferred ransom payments via casino junket operators before scattering the funds across virtual-asset channels. The collaboration of

June 14, 2025 2 mins read

Tether Enables USDT Payments for Philippines Social Security System

Tether, the world’s largest stablecoin issuer, has launched a new payment option for Filipino citizens. Through a partnership with Web3 firm Uquid, Tether now enables citizens in the Philippines to settle their Social Security System (SSS) contributions using USDT, a stablecoin pegged to the US dollar, on The Open Network

July 1, 2024 1 min read

Philippines SEC Proposes Legislation For More Control Over Crypto Sector

In a new set of proposed regulations, the Philippines Securities and Exchange Commission (SEC) aims to expand its purview to include virtual currencies and to increase its control over the country’s crypto space. Local media source Manila Bulletin reported on January 25 that the securities regulator has proposed drafting regulations.

January 30, 2023 1 min read

BI Rescues Suspected Victims of Cryptocurrency Trafficking Ring

According to reports, the Travel Control and Enforcement Unit (TCEU) of the Philippine Bureau of Immigration (BI) reported on Friday that it has rescued six suspected victims of a cryptocurrency trafficking ring. The passengers were about to board a Jetstar flight to Phnom Penh on January 15 when they approached

January 23, 2023 1 min read

Philippines SEC Cautions Against Unregistered Crypto Exchanges

On Friday, the Securities and Exchange Commission (SEC) of the Philippines issued a notice against the use of unlicensed cryptocurrency exchanges. SEC strongly cautioned and recommended the public not interact with unregistered and unregulated cryptocurrency exchanges, That are accessible and presumed to be functioning in the Philippines, according to a

December 30, 2022 1 min read

Union Bank of Philippines Launches Pilot BTC and ETH Trading

The bank issued its own stablecoin in 2019. The Union Bank of the Philippines has started a trial operation. One of the Philippines’ biggest banks has introduced crypto investing services. The Union Bank of the Philippines now allows its clients to trade cryptocurrencies, starting with Bitcoin and Ethereum. In addition

November 3, 2022 1 min read