Philippines
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💰 Still overpaying on transfer fees? We found the cheapest ways to send money to the #Philippines (and some of them might surprise you).
🧠 Rezolve #AI , a public company that builds AI tools for online shopping, bought Smartpay, a fintech that helps businesses accept stablecoin payments. They didn't say how much it cost, but the deal's meant to strengthen Rezolve's work with Tether.
💬 Even though Bitcoin hit new record highs, most investors still aren't in crypto, says Cosmo Jiang from #PANTERA Capital. He said that the idea that people are "too late" to get in is just not true.
🏙️ #BitGo got the approval to operate in Dubai through its MENA branch. The company can now offer digital asset trading and broker services to institutional clients.
🏦 The Bank of #England is rethinking its earlier plan to cap how many stablecoins companies can hold. Officials are reportedly looking at possible exceptions for firms that depend on these digital assets to run their businesses.
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
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News drops you can't miss
💰 Still overpaying on transfer fees? We found the cheapest ways to send money to the #Philippines (and some of them might surprise you).
🧠 Rezolve #AI , a public company that builds AI tools for online shopping, bought Smartpay, a fintech that helps businesses accept stablecoin payments. They didn't say how much it cost, but the deal's meant to strengthen Rezolve's work with Tether.
💬 Even though Bitcoin hit new record highs, most investors still aren't in crypto, says Cosmo Jiang from #PANTERA Capital. He said that the idea that people are "too late" to get in is just not true.
🏙️ #BitGo got the approval to operate in Dubai through its MENA branch. The company can now offer digital asset trading and broker services to institutional clients.
🏦 The Bank of #England is rethinking its earlier plan to cap how many stablecoins companies can hold. Officials are reportedly looking at possible exceptions for firms that depend on these digital assets to run their businesses.
"Do support by follow, like, comment, share, repost to reach maximum audience, more such informative content ahead"
$BTC
🇵🇭 Philippine Banks Enforce ₱500K Withdrawal Limit Amid Corruption Crackdown
👉 Banks across the Philippines have started enforcing the ₱500,000 cash withdrawal cap to curb money laundering linked to politicians and government contractors.
👉 According to a customer email from Security Bank, shared via YGG Alerts, the rule takes effect this October, requiring those withdrawing over ₱500K to provide:
Extra valid ID, and/or
Supporting documents for the transaction.
The Bangko Sentral ng Pilipinas (BSP) introduced the mandate following the DPWH flood control scandal, aiming to tighten transparency and prevent illicit cash flows.
#Philippines #Finance #Banking #Corruption #GoldHitsRecordHigh
👉 Banks across the Philippines have started enforcing the ₱500,000 cash withdrawal cap to curb money laundering linked to politicians and government contractors.
👉 According to a customer email from Security Bank, shared via YGG Alerts, the rule takes effect this October, requiring those withdrawing over ₱500K to provide:
Extra valid ID, and/or
Supporting documents for the transaction.
The Bangko Sentral ng Pilipinas (BSP) introduced the mandate following the DPWH flood control scandal, aiming to tighten transparency and prevent illicit cash flows.
#Philippines #Finance #Banking #Corruption #GoldHitsRecordHigh
State of calamity in Philippines province as earthquake kills 69
At least 69 people have been killed and dozens injured after a powerful 6.9 magnitude earthquake struck the central Philippines late on Tuesday.
The province of Cebu, which suffered the brunt of the damage, declared a state of calamity early on Wednesday, after thousands spent the night on the streets amid repeated aftershocks.
One Cebu resident told the BBC he was among them, adding that power and water supplies were cut off. He says the voices of crying children could be heard around him, adding that they were "traumatised".
The earthquake comes barely more than a week after the country was hit by back-to-back typhoons which killed more than 20 people.Most of the earthquake victims were from Bogo, a small town on one of the largest islands in the Visayas Islands, the Philippines' central region - and the place closest to the earthquake's epicentre.
Images coming out of Bogo show body bags lined on the street and hundreds of people being treated in tent hospitals. Officials have warned of "a lot of damage" caused by the earthquakes.
The local authorities have appealed for volunteers with medical experience to help deal with injuries.
Buckled and cracked roads, and fallen bridges are also making access difficult for emergency services. Power lines in many places are down, meaning that it's also been hard to speak to those affected.
Seven of those who died in Tuesday's earthquake in Bogo had lived in a village built to house victims of Typhoon Haiyan, which struck the central Philippines 12 years ago, killing more than 6,000 people.
In the municipality of San Remigio, a basketball game was being played when the earthquake struck, an emergency response official told the BBC. Almost 20 people at the game were sent to the hospital, and at least one person later died.
#Philippines #BTC $ETH $BTC
$SOL
At least 69 people have been killed and dozens injured after a powerful 6.9 magnitude earthquake struck the central Philippines late on Tuesday.
The province of Cebu, which suffered the brunt of the damage, declared a state of calamity early on Wednesday, after thousands spent the night on the streets amid repeated aftershocks.
One Cebu resident told the BBC he was among them, adding that power and water supplies were cut off. He says the voices of crying children could be heard around him, adding that they were "traumatised".
The earthquake comes barely more than a week after the country was hit by back-to-back typhoons which killed more than 20 people.Most of the earthquake victims were from Bogo, a small town on one of the largest islands in the Visayas Islands, the Philippines' central region - and the place closest to the earthquake's epicentre.
Images coming out of Bogo show body bags lined on the street and hundreds of people being treated in tent hospitals. Officials have warned of "a lot of damage" caused by the earthquakes.
The local authorities have appealed for volunteers with medical experience to help deal with injuries.
Buckled and cracked roads, and fallen bridges are also making access difficult for emergency services. Power lines in many places are down, meaning that it's also been hard to speak to those affected.
Seven of those who died in Tuesday's earthquake in Bogo had lived in a village built to house victims of Typhoon Haiyan, which struck the central Philippines 12 years ago, killing more than 6,000 people.
In the municipality of San Remigio, a basketball game was being played when the earthquake struck, an emergency response official told the BBC. Almost 20 people at the game were sent to the hospital, and at least one person later died.
#Philippines #BTC $ETH $BTC
$SOL
🚨 JUST IN: 🇵🇭 PHILIPPINES AML COUNCIL HITS FLOOD SCANDAL WITH 3RD FREEZE ORDER 🇵🇭
Authorities have frozen assets tied to the DPWH flood control scandal, now totaling:
✅ 1,563 bank accounts
✅ 54 insurance policies
✅ 154 vehicles
✅ 30 real estate properties
✅ 12 e-wallets
Even major banks like BDO, Metrobank, Security Bank, LandBank, and ChinaBank are involved.
👉 Could blockchain transparency & crypto rails offer better solutions?
#crypto #blockchain #Philippines #MoneyLaundering #Finance
Authorities have frozen assets tied to the DPWH flood control scandal, now totaling:
✅ 1,563 bank accounts
✅ 54 insurance policies
✅ 154 vehicles
✅ 30 real estate properties
✅ 12 e-wallets
Even major banks like BDO, Metrobank, Security Bank, LandBank, and ChinaBank are involved.
👉 Could blockchain transparency & crypto rails offer better solutions?
#crypto #blockchain #Philippines #MoneyLaundering #Finance
🚨 10 Major Crypto Exchanges FLAGGED by Philippine SEC!
The heat is ON! 🔥 The Philippine SEC just called out 10 big-name crypto platforms—including OKX, KuCoin, MEXC, and Bybit—for illegally serving Filipino users without proper licenses.
🧨 Why it matters:
🚫 These platforms violate new digital asset laws
⚖️ Facing website blocking, criminal charges, & even jail time!
📛 Promoters & influencers could get hit too
🔍 Only SEC-registered CASPs can now operate legally in PH.
🇵🇭 Local users: Trade safe, or face real legal risks.
💡 The message is clear: No license, no crypto business in the Philippines.
#MarketRebound #CryptoNews #Philippines #SEC #DigitalAssets $BTC $ETH
The heat is ON! 🔥 The Philippine SEC just called out 10 big-name crypto platforms—including OKX, KuCoin, MEXC, and Bybit—for illegally serving Filipino users without proper licenses.
🧨 Why it matters:
🚫 These platforms violate new digital asset laws
⚖️ Facing website blocking, criminal charges, & even jail time!
📛 Promoters & influencers could get hit too
🔍 Only SEC-registered CASPs can now operate legally in PH.
🇵🇭 Local users: Trade safe, or face real legal risks.
💡 The message is clear: No license, no crypto business in the Philippines.
#MarketRebound #CryptoNews #Philippines #SEC #DigitalAssets $BTC $ETH
UPDATE: PHILIPPINES PROPOSES BILL TO BUILD 10,000 $BTC NATIONAL RESERVE OVER 5 YEARS.
#Philippines #BTC #PowellWatch
#Philippines #BTC #PowellWatch
SBI USING #RIPPLE #XRP PAYMENT SOLUTION
🔸 INDONESIA
🔸 PHILIPPINE
🔸 VIETNAM
#IndonesiaCrypto #Philippines #VietnamBinanceSquare #BTCBullRun2025 #Write2Earn
🔸 INDONESIA
🔸 PHILIPPINE
🔸 VIETNAM
#IndonesiaCrypto #Philippines #VietnamBinanceSquare #BTCBullRun2025 #Write2Earn
#Philippines #SEC #CryptoRegulation
🚨 Philippines SEC Tightens Crypto Regulations! 🇵🇭
As of June 12, 2025, the Philippines SEC has rolled out strict new rules for Crypto Asset Service Providers (CASPs) under Memorandum Circulars Nos. 4 & 5. Key points:
✅ Mandatory Licensing: All CASPs need a license & PHP 100M minimum capital.
✅ AML/KYC Compliance: Enhanced monitoring to ensure transparency & security.
✅ Consumer Protection: Strict KYC, security protocols, and a local office requirement.
⚠️ Penalties: Up to PHP 100M fines & 5 years imprisonment for non-compliance.
These rules aim to protect investors while fostering innovation in the crypto space. Stay compliant, stay informed! 💡
🚨 Philippines SEC Tightens Crypto Regulations! 🇵🇭
As of June 12, 2025, the Philippines SEC has rolled out strict new rules for Crypto Asset Service Providers (CASPs) under Memorandum Circulars Nos. 4 & 5. Key points:
✅ Mandatory Licensing: All CASPs need a license & PHP 100M minimum capital.
✅ AML/KYC Compliance: Enhanced monitoring to ensure transparency & security.
✅ Consumer Protection: Strict KYC, security protocols, and a local office requirement.
⚠️ Penalties: Up to PHP 100M fines & 5 years imprisonment for non-compliance.
These rules aim to protect investors while fostering innovation in the crypto space. Stay compliant, stay informed! 💡
🚨 JUST IN: 🇵🇭 #Philippines proposes strategic #bitcoin reserve in latest bill
Asia stacking sats? The game just changed 🟠
Asia stacking sats? The game just changed 🟠
🚨 Philippine Banks Set to Launch Peso Stablecoin for Cross-Border Payments! 🚨
Exciting news in the world of finance! 💸 Philippine banks are taking a huge step forward by launching a Peso-backed Stablecoin 🇵🇭💰, set to revolutionize cross-border payments 🌏.
This move comes as a response to growing demand for faster, cheaper, and more efficient international transactions 🚀. With traditional remittance channels often burdened by high fees and slow processing times ⏳, the Peso Stablecoin promises to solve these issues, allowing for seamless, real-time transfers with minimal costs. 💡
But how does it work? 🤔 By pegging the stablecoin to the Philippine Peso, it ensures price stability 🏦, eliminating the volatility risks often associated with cryptocurrencies. Plus, it leverages blockchain technology 🔗 for secure and transparent transactions!
This digital Peso will not only boost remittances 🏠 but also enhance the Philippines' role in the global fintech landscape 🌍. Cross-border businesses, freelancers, and anyone needing fast international transactions will benefit greatly. 💼💵
The launch is expected to bring a new era of digital finance 🌐, empowering both businesses and individuals with a reliable, borderless payment solution 💳. Could this be the future of money in the Philippines? Only time will tell, but one thing’s for sure — it’s a game-changer! 🔥
Stay tuned as this innovative move unfolds, and get ready to embrace the future of payments! 💥
#PesoStablecoin #Philippines #Blockchain #ShareYourTrade
Exciting news in the world of finance! 💸 Philippine banks are taking a huge step forward by launching a Peso-backed Stablecoin 🇵🇭💰, set to revolutionize cross-border payments 🌏.
This move comes as a response to growing demand for faster, cheaper, and more efficient international transactions 🚀. With traditional remittance channels often burdened by high fees and slow processing times ⏳, the Peso Stablecoin promises to solve these issues, allowing for seamless, real-time transfers with minimal costs. 💡
But how does it work? 🤔 By pegging the stablecoin to the Philippine Peso, it ensures price stability 🏦, eliminating the volatility risks often associated with cryptocurrencies. Plus, it leverages blockchain technology 🔗 for secure and transparent transactions!
This digital Peso will not only boost remittances 🏠 but also enhance the Philippines' role in the global fintech landscape 🌍. Cross-border businesses, freelancers, and anyone needing fast international transactions will benefit greatly. 💼💵
The launch is expected to bring a new era of digital finance 🌐, empowering both businesses and individuals with a reliable, borderless payment solution 💳. Could this be the future of money in the Philippines? Only time will tell, but one thing’s for sure — it’s a game-changer! 🔥
Stay tuned as this innovative move unfolds, and get ready to embrace the future of payments! 💥
#PesoStablecoin #Philippines #Blockchain #ShareYourTrade
The Philippines Wants to Buy 10,000 BTC
Forget El Salvador — Manila just sat down at the high-roller’s table.
🎯 The Play
Rep. Migz Villafuerte just dropped House Bill 421 — “The Strategic Bitcoin Reserve Act.”
If passed:
📈 BSP will buy 2,000 BTC per year (5 years straight).
💎 Hoard 10,000 BTC (~$1.1B).
🔒 Lock it for 20 YEARS.
❌ Touch it only for sovereign debt emergencies.
That’s not speculation. That’s a sovereign gamble.
🔑 The Rules of the Game
🧾 Quarterly Proof-of-Reserves — public & transparent.
🥶 Cold Storage across multiple vaults.
⏳ Exit? Max 10% sell-off allowed every 2 years post-2045.
This is Bitcoin as national treasure, not trading fodder.
🌍 Why It Matters
Global Context: Governments already hold 480,000+ BTC.
Leaderboard:
🇸🇻 El Salvador → 6,276 BTC
🇧🇹 Bhutan → 10,565 BTC
🇵🇭 Philippines → 10,000 BTC (if passed)
Manila jumps to the sovereign Bitcoin top 5.
⚡ The Implications
Peso Shield → Hedge against inflation & dollar shocks.
Debt Strategy → BTC as collateral for sovereign obligations.
Geopolitical Move → First Asian country with a Bitcoin Reserve law.
Market Signal → “Bitcoin is reserve-grade. Full stop.”
🐂 The Bottom Line
This isn’t El Salvador 2.0.
This is Asia’s first sovereign BTC play — and it could set off a regional arms race.
👉 Bitcoin just leveled up from digital asset → strategic weapon.
#Bitcoin #BTC #CryptoNews #Philippines #BTCReserve X: @MigzVillafuerte
🎯 The Play
Rep. Migz Villafuerte just dropped House Bill 421 — “The Strategic Bitcoin Reserve Act.”
If passed:
📈 BSP will buy 2,000 BTC per year (5 years straight).
💎 Hoard 10,000 BTC (~$1.1B).
🔒 Lock it for 20 YEARS.
❌ Touch it only for sovereign debt emergencies.
That’s not speculation. That’s a sovereign gamble.
🔑 The Rules of the Game
🧾 Quarterly Proof-of-Reserves — public & transparent.
🥶 Cold Storage across multiple vaults.
⏳ Exit? Max 10% sell-off allowed every 2 years post-2045.
This is Bitcoin as national treasure, not trading fodder.
🌍 Why It Matters
Global Context: Governments already hold 480,000+ BTC.
Leaderboard:
🇸🇻 El Salvador → 6,276 BTC
🇧🇹 Bhutan → 10,565 BTC
🇵🇭 Philippines → 10,000 BTC (if passed)
Manila jumps to the sovereign Bitcoin top 5.
⚡ The Implications
Peso Shield → Hedge against inflation & dollar shocks.
Debt Strategy → BTC as collateral for sovereign obligations.
Geopolitical Move → First Asian country with a Bitcoin Reserve law.
Market Signal → “Bitcoin is reserve-grade. Full stop.”
🐂 The Bottom Line
This isn’t El Salvador 2.0.
This is Asia’s first sovereign BTC play — and it could set off a regional arms race.
👉 Bitcoin just leveled up from digital asset → strategic weapon.
#Bitcoin #BTC #CryptoNews #Philippines #BTCReserve X: @MigzVillafuerte
PHILIPPINES TO LAUNCH BLOCKCHAIN-BASED NATIONAL BUDGET FOR TRANSPARENCY
Philippine Senator Bam Aquino has unveiled plans to file a bill that would place the country’s entire national budget on blockchain, ensuring every peso is tracked and visible to the public. Speaking at the Manila Tech Summit 2025, Aquino emphasized that blockchain could transform governance by delivering accountability and transparency in government spending.
The proposal follows the government’s recent blockchain-based document validation system built on Polygon, backed by the Blockchain Council of the Philippines (BCP). BCP founder Donald Lim believes this positions the Philippines to emerge as a regional blockchain hub in Asia.
This push aligns with global trends, as governments worldwide explore blockchain adoption—from the U.S. moving to publish economic statistics like GDP data on-chain, to India and Vietnam digitizing land and financial records. The Philippines’ bold step into blockchain governance reflects a broader movement toward trust, efficiency, and innovation in public systems.
#Blockchain
#Philippines
#Transparency
#CryptoNews
#Write2Earn
Philippine Senator Bam Aquino has unveiled plans to file a bill that would place the country’s entire national budget on blockchain, ensuring every peso is tracked and visible to the public. Speaking at the Manila Tech Summit 2025, Aquino emphasized that blockchain could transform governance by delivering accountability and transparency in government spending.
The proposal follows the government’s recent blockchain-based document validation system built on Polygon, backed by the Blockchain Council of the Philippines (BCP). BCP founder Donald Lim believes this positions the Philippines to emerge as a regional blockchain hub in Asia.
This push aligns with global trends, as governments worldwide explore blockchain adoption—from the U.S. moving to publish economic statistics like GDP data on-chain, to India and Vietnam digitizing land and financial records. The Philippines’ bold step into blockchain governance reflects a broader movement toward trust, efficiency, and innovation in public systems.
#Blockchain
#Philippines
#Transparency
#CryptoNews
#Write2Earn
The #Philippines has enacted new, sweeping crypto regulations! 🇵🇭
These new rules from the SEC will require crypto companies operating in the country to have a minimum capital, local incorporation, and follow strict data rules. ⚖️
#BinanceSquareFamily
#Latestcryptonews
These new rules from the SEC will require crypto companies operating in the country to have a minimum capital, local incorporation, and follow strict data rules. ⚖️
#BinanceSquareFamily
#Latestcryptonews
See original
The Philippines is moving to establish a national reserve of Bitcoin worth 10,000 units
$BTC
The Philippines seeks to be one of the first Asian countries to adopt Bitcoin as part of its economic strategy, after parliament members introduced a bill aimed at creating a national reserve of 10,000 Bitcoins, as a step to diversify national assets away from the traditional reliance on gold and the dollar.
Project Details
The Philippines seeks to be one of the first Asian countries to adopt Bitcoin as part of its economic strategy, after parliament members introduced a bill aimed at creating a national reserve of 10,000 Bitcoins, as a step to diversify national assets away from the traditional reliance on gold and the dollar.
Project Details
🇵🇭 #Philippines Congressman proposes #StrategicBitcoinReserve bill.
The bill calls Central bank to acquire 10,000 BTC over 5 years to #strengthen national security.
$BTC
The bill calls Central bank to acquire 10,000 BTC over 5 years to #strengthen national security.
$BTC
Philippines Government proposes a 10,000 $BTC (worth $1.12B) strategic reserve with 20-year lockup.
#Philippines #BTC
#Philippines #BTC
See original
Philippines: Senator Proposes Putting National Budget on Blockchain
Senator #Philippines , Bam Aquino, has proposed uploading the entire national budget to a blockchain platform to enhance transparency and allow citizens to track every expenditure. Although no official bill has been submitted yet, this plan will be based on the existing blockchain platform of the Philippines Department of Budget and Management.
Anti-Corruption Solution
Aquino's proposal aims to create a public and immutable system where every transaction is recorded. According to Paul Soliman, CEO of #BayaniChain – the company behind the Department of Budget's blockchain platform, this technology is not a "silver bullet" against corruption, but it creates immutable records to ensure accountability from government officials.
Potential and Technology
The current platform of the Philippines Department of Budget has recorded some selective financial documents and is the first on-chain budgeting platform in Asia. It uses the Polygon Proof-of-Stake network, a scaling solution from $ETH , to ensure consensus and transparency. Putting the entire budget on the blockchain would make the Philippines a pioneer in the world in applying this technology to public governance. #anh_ba_cong
Senator #Philippines , Bam Aquino, has proposed uploading the entire national budget to a blockchain platform to enhance transparency and allow citizens to track every expenditure. Although no official bill has been submitted yet, this plan will be based on the existing blockchain platform of the Philippines Department of Budget and Management.
Anti-Corruption Solution
Aquino's proposal aims to create a public and immutable system where every transaction is recorded. According to Paul Soliman, CEO of #BayaniChain – the company behind the Department of Budget's blockchain platform, this technology is not a "silver bullet" against corruption, but it creates immutable records to ensure accountability from government officials.
Potential and Technology
The current platform of the Philippines Department of Budget has recorded some selective financial documents and is the first on-chain budgeting platform in Asia. It uses the Polygon Proof-of-Stake network, a scaling solution from $ETH , to ensure consensus and transparency. Putting the entire budget on the blockchain would make the Philippines a pioneer in the world in applying this technology to public governance. #anh_ba_cong
See original
Today, 11 countries collectively hold about 480,196 BTC, a value of $55.6 billion.
The strategy shows that Bitcoin is already part of the economic policy of nations like El Salvador, Bhutan, and soon, perhaps the Philippines.
The cypherpunk revolution has become state policy. Which country do you think will be next?
#Philippines
$BTC
The strategy shows that Bitcoin is already part of the economic policy of nations like El Salvador, Bhutan, and soon, perhaps the Philippines.
The cypherpunk revolution has become state policy. Which country do you think will be next?
#Philippines
$BTC
BTC
Holding
Cumulative PNL
+29,259.86 USDT
🚨🇱🇷U.S PRESIDENT DONALD TRUMP IS SATISFIED WITH THE CURRENT AGREEMENT 🔥🚀
♦️U.S. Prepares New Tariff Letter Targeting Smaller Nations ~ U.S. Eyes Over 10% Tariff on Smaller Countries, Says #Trump
♦️President Trump has shown approval of the current trade agreement and is set to issue a formal letter soon.
♦️This letter will announce new tariffs—possibly over 10%—targeting smaller nations, This likely may affect small countries like;
#VietnamBinanceSquare , #Philippines
#Thailand , #Pakistan and others .
💯%The move could shift global trade dynamics once again.
♦️Follow for more updates 🔥
$TRUMP
♦️U.S. Prepares New Tariff Letter Targeting Smaller Nations ~ U.S. Eyes Over 10% Tariff on Smaller Countries, Says #Trump
♦️President Trump has shown approval of the current trade agreement and is set to issue a formal letter soon.
♦️This letter will announce new tariffs—possibly over 10%—targeting smaller nations, This likely may affect small countries like;
#VietnamBinanceSquare , #Philippines
#Thailand , #Pakistan and others .
💯%The move could shift global trade dynamics once again.
♦️Follow for more updates 🔥
$TRUMP
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