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.
A cute NFT pet game called Axie Infinity is currently raking in more protocol revenue than Ethereum and Bitcoin. Filipinos are benefitting.
The PSE is awaiting guidelines from regulators.
It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.
GCash would join such other major payment firms as PayPal and Square in addressing growing demand for cryptocurrency services.
New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards.