Navigating Stablecoins, Crypto Adoption in the Philippines
Bank of the Philippine Islands (BPI) announced a partnership with Meridian, a global clearinghouse, to pilot the use of stablecoins for remittances. Pilot implementation is set to begin with payroll credits for informal economy workers such as freelancers and virtual assistants, before expanding to retail clients later this year. BPI emphasized that the pilot will prioritize consumer protection, […]
Pax Silica promises to bring 200,000 jobs to Philippines
Pax Silica, a U.S. led coalition initiative to globally advance Artificial Intelligence (A.I.) and supply chain security, has been a recent topic of controversy in the Philippines; specifically with the recent announcement of the earmarked hub spanning 1,600 hectares located in New Clark City, Tarlac. The announcement, paired with aerial shots of the greenery of the location, has generated discourse among Filipinos on several media platforms, discussing concerns about the environmental impact and its effects to fellow countrymen, and […]