As a child, I lived with cockroaches in my family home. Our entire street had an infestation and it was months before the council got rid of them. I have seven siblings and not all of us fit on the sofa, so some of us would watch TV from the floor and I remember things scuttling by right next to my hand, making me leap up and scream. Sometimes, one would scurry across my pillow right before bedtime. This, quite understandably, gave me a mortal fear of bugs. The post 10 countries that can save Earth’s most-threatened species appeared first on Atlas & Boots.
The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warning to the citizens, discouraging them from engaging in any operations with unregistered or foreign crypto exchanges. The announcement itself doesn’t sound menacing but taken in the context of accompanying developments, it makes a 112-million nation a restive region for crypto. On Thursday, the Bangko Sentral ng Pilipinas (BSP) published a warning note to the country’s citizens, “strongly urging” them not to deal with virtual asset service providers (VASPs) that are either unregistered or domiciled abroad. The Bank emphasized that any deals with virtual assets are high-risk activities by ...
A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards cryptocurrencies in the country. The Philippines’ Department of Trade and Industry (DTI) has cited no clear guidelines set out by the country’s central bank, Banko Sentral ng Pilipinas (BSP), as a dead-stop after a lobbying group called for the prohibition of Binance in early July. Local think tank Infrawatch PH had asked the DTI to investigate Binance for the promotion of its services and offerings, which the group believes was done without the necessary permits. Binance had looked to acquiesce the parties involved, telling Cointelegraph that it intends to secure virtual asset service provider and e-money issuer licenses in the Philippines. ...
A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards cryptocurrencies in the country. The Philippines’ Department of Trade and Industry (DTI) has cited no clear guidelines set out by the country’s central bank, Banko Sentral ng Pilipinas (BSP), as a dead-stop after a lobbying group called for the prohibition of Binance in early July. Local think tank Infrawatch PH had asked the DTI to investigate Binance for the promotion of its services and offerings, which the group believes was done without the necessary permits. Binance had looked to acquiesce the parties involved, telling Cointelegraph that it intends to secure virtual asset service provider and e-money issuer licenses in the Philippines. ...
Voyager plans to enhance the services offered by PayMaya, including cryptocurrency solutions The company will use the recent funding to boost its efforts to employ the digital economy in serving the unbanked and underserved. Voyager Innovations, the parent company of the leading digital payments application in the Philippines, PayMaya, has announced that it recently completed a $210 million funding round at a $1.4 billion valuation. Pushing it into unicorn status, the funding round was led by Asia’s SIG Venture Capital. Other investors who participated in the funding round were Tencent, First Pacific, and PLDT – Philippine’s largest telecommunication service provider. “The strong endorsement from our new shareholders and participation of our existing investors in this fundraising validates...
Philippines-based major fintech company PayMaya has reportedly launched a new cryptocurrency feature on its app, following in the footsteps of PayPal, Venmo and others. According to TechInAsia, PayMaya users will be able to trade, purchase, and spend digital assets using their accounts. This is also part of PayMaya’s aim to offer a comprehensive crypto package for anybody interested in entering the market. With the new feature, PayMaya intends to make it simpler for Filipinos to learn about and use cryptocurrencies, as per the report. Furthermore, it will eliminate the necessity for users to register with cryptocurrency exchanges, create a crypto wallet, and go through other KYC hoops. PayMaya is the Philippines’ largest provider of digital payments. It’s also a virtual m...
Yield Guild Games (YGG) has raised $1.45 million to support people affected by December 16’s Typhoon Odette in the Philippines, with nearly $1 million already dispersed to people in need. The funding was used to purchase essential goods like medicines, power generators, and canned food, which were turned over to the Philippine Army and Navy and non-profits to distribute among affected communities. There is still about $458,000 worth of crypto and tokens that have been donated to the relief fund but they have yet to be converted to fiat currency for deployment, according to a representative from YGG. Our Transparency Report for Typhoon #OdettePH relief efforts is up! @yieldguild raised $1.45M and has so far disbursed a total of $992K to date. Meanwhile, our direct financial assistance...
Southeast Asian leaders began a crisis meeting on Myanmar on Saturday aiming to persuade Senior General Min Aung Hlaing, who led the military takeover that sparked turmoil in his country, to forge a path to end the violence. The gathering of leaders of the Association of Southeast Asian Nations (ASEAN) in Jakarta is the first coordinated international effort to ease the crisis in Myanmar, an impoverished country that neighbours China, India and Thailand. Myanmar is part of the 10-nation ASEAN. With participants attending in person despite the pandemic, Indonesia’s Foreign Minister Retno Marsudi said on Friday that the summit reflected the “deep concern about the situation in Myanmar and ASEAN’s determination to help Myanmar get out of this delicate situation”. It’s unusual for the leader o...
A former Nigerian ambassador to the Philippines and Algeria, Orefo Onochie, has told the federal government to consider the option of negotiating with the insurgents, currently terrorising Nigeria, if that would make the bandits to embrace lasting peace. Onochie who spoke newsmen in Abuja on Sunday said that negotiating with the bandits would prove a wiser option in the long run. According to him, there is nothing wrong in negotiating with bandits if that can end banditry, insurgency and kidnappings in parts of the country. The diplomat argued that Nigeria should not continue to be held hostage by terrorists, especially in the north. He also expressed worry over what he described as the persistent cases of kidnappings and killing of farmers by herdsmen in farming communities in parts of th...