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Crypto Friendly Banks Philippines. Established in 2014, the digital wallet and payment application provider allows the nation’s predominantly unbanked population. The piloting of the blockchain will be carried out as a part of the project named “i2i.
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An island country of southeast asia in the western pacific ocean, philippines has recorded a sharp increase in crypto adoption over the years. It also engages in many crypto projects and. Meanwhile, the philippine securities and exchange commission is readying crypto guidelines, which include those for initial coin offerings (icos) and virtual currency.
Banking the unbanked the union bank of the philippines has joined forces with the consensys blockchain startup to change the faces of five rural banks in.
Philippines rural banks to test consensys blockchain for transactions. Philippines rural banks to test consensys blockchain for transactions. Unionbank services basically every licensed virtual currency exchange in the philippines. Bitcoin is legal in the philippines.
