Bitcoin latest news philippines

Here are the latest news and updates on Bitcoin and cryptocurrency in the Philippines:

Regulatory Updates

• The Philippine Securities and Exchange Commission (SEC) has issued a warning to the public against investing in unregistered cryptocurrency exchanges and initial coin offerings (ICOs). (Source: SEC Philippines)
• The Bangko Sentral ng Pilipinas (BSP), the country's central bank, has reiterated its stance on cryptocurrencies, stating that they are not considered legal tender and are not regulated by the bank. (Source: BusinessWorld)

Business and Economy

• The Philippine government is considering the use of blockchain technology to improve the country's tax collection system. (Source: Philippine Daily Inquirer)
• The country's largest bank, BDO Unibank, has partnered with a local fintech company to launch a blockchain-based remittance service. (Source: Manila Bulletin)

Investment and Trading

• The Philippine Stock Exchange (PSE) has listed its first cryptocurrency-based exchange-traded fund (ETF), which tracks the performance of the Bitcoin price. (Source: PSE)
• The country's largest online brokerage firm, COL Financial, has launched a cryptocurrency trading platform, allowing clients to buy and sell Bitcoin and other digital currencies. (Source: COL Financial)

Other News

• The Philippine government has launched a campaign to educate the public about the risks and benefits of investing in cryptocurrencies. (Source: Philippine Information Agency)
• A group of Filipino entrepreneurs has launched a cryptocurrency-based payment system, which aims to reduce transaction costs and increase financial inclusion in the country. (Source: BusinessMirror)

Recent Bitcoin Prices in the Philippines

• As of March 2023, the price of Bitcoin in the Philippines is around PHP 1,200,000 (approximately USD 23,000) per coin. (Source: CoinDesk)

Please note that the prices and news may change rapidly, and it's always a good idea to check with reputable sources for the latest information.