Abra to Add Cash-to-Crypto Outlets at All Philippines 7-Elevens
Investment app provider Abra is to sell cryptocurrency for cash at 6,000 outlets across the Philippines, including all 7-Eleven stores.
Philippines
The central bank won’t pursue a CBDC for the duration of Governor Benjamin Diokno's term, which ends in 2023.
The blockchain firm is part of an 11,000 strong network of cash-out counters launched by UnionBank of the Philippines.
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit.
European money transfer service Azimo is tapping Ripple's On-Demand Liquidity and XRP to speed up remittances to the Southeast Asian nation.
Many southeast Asians consumers are interested in establishing or increasing their crypto investments, according to the OECD, but also admit to not really understanding them.
Philippines
