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Philippines
Strike Expands Lightning Network-Powered Remittances to Philippines
The Philippines is one of the world’s largest remittance markets, at $35 billion, and Strike says it will use its service, powered by the Bitcoin blockchain's Lightning Network, to make the international payments faster and cheaper than available in the traditional financial system.

Philippines Securities Regulator Seeks Comment on Draft Crypto Rules
Draft laws published this month seek to bring crypto assets under the purview of the country's Securities and Exchange Commission.

Philippines’ Blockchain Future
Host Joel Flynn takes a deep dive into The Philippines' hope to become Asia’s blockchain hub. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

Southeast Asia Leads the World in Crypto Adoption, Propelled by Play-to-Earn Gaming: Chainalysis
Games like Axie Infinity and cross-border crypto transfer applications push “lower middle income” nations to global leadership in crypto adoption.

Philippines Central Bank to Halt Applications for New Digital Asset Firms for 3 Years
The Bangko Sentral said it will conduct a reassessment based on market developments.

How Crypto Brings Financial Inclusion to the Philippines
Michael Mislos (BitPinas), Leah Callon-Butler (Emfarsis), Luis Buenaventura (Yield Guild Games) and Ron Hose (Coins.ph) join “Community Crypto” to discuss the significance of a blockchain training program for mass adoption and education. Plus, their outlook on financial inclusion and the growth of crypto communities in the Philippines.

Filipinos Made Money From Web3 Gaming During COVID, What Now?
The Philippines currently ranks tenth in cryptocurrency adoption around the globe with 16% of its population (11.6 million) owning crypto. In this episode of "Community Crypto," host Isaiah Jackson leads a panel discussion on how Web3 gaming and NFTs opened the doors to crypto for the country in the height of the pandemic and unemployment. Plus, an outlook into the growing crypto community in the Philippines.

Fed Nerves Hit Crypto; Philippines Crypto Tax Pushed
Crypto prices fall ahead of the Fed meeting. Philippine President Marcos Jr. pushes tax for digital services to boost economy, cut debt. Talks between FTX and Bithumb over a potential buyout raise questions. Sam Bankman-Fried lashes out at Voyager for rejecting FTX’s proposal. Binance’s Changpeng Zhao sues Bloomberg in Hong Kong.

Bsp Says No Crypto Ban; Rehab for Crypto Addicts
Philippines central bank governor says no plan to ban cryptocurrency. Coinbase insider trading case raises questions about regulations. Zipmex extends customer withdrawal freeze until Friday, Thailand’s SEC asks for clarity. Rehabilitation centers offer services to crypto trading addicts. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Bitcoin Briefly Above $22,000; Binance Philippines Ban Urged
Bitcoin hits $22,000 as Fed cools recession fears. Philippines think tank calls for ban on Binance. India’s Directorate of Enforcement said to question crypto exchanges. Circle CFO Jeremy Fox-Geen on financial stability. Amid turbulent times, experts weigh in on opportunities in the GameFi space. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
