In a significant move for financial inclusion and digital asset adoption, Philippines-based digital bank GoTyme has integrated cryptocurrency trading services into its platform through a partnership with U.S. fintech firm Alpaca. This strategic rollout allows GoTyme’s substantial customer base of 6.5 million users to purchase and store 11 major cryptocurrencies directly within their existing banking app, marking a notable convergence of traditional digital banking and crypto services in a key Southeast Asian market.
about GoTyme Bank Launches Crypto Trading for 6.5M Users in PhilippinesPhilippine Peso
0 posts last weekPhilippines Launches Blockchain System to Fight $33B Corruption
In a landmark move to restore public trust, the Philippines has launched Integrity Chain, a blockchain-based transparency system for its Department of Public Works and Highways (DPWH). The initiative, developed by BayaniChain Ventures, responds directly to mass protests where 130,000 citizens demanded accountability for an alleged $33 billion in corruption within the country’s flood-control infrastructure program. By turning government contracts into immutable, publicly verifiable digital assets, the platform aims to reshape accountability using cryptography and open validation.
about Philippines Launches Blockchain System to Fight $33B CorruptionKaia & LINE Launch Stablecoin Super-App for 200M Users
Kaia and LINE NEXT have unveiled Project Unify, a stablecoin-powered super-app within LINE Messenger targeting nearly 200 million users across Asia. The platform aims to integrate payments, remittances, and DeFi services while navigating ongoing regulatory challenges. Launch is scheduled for beta later this year with support for multiple regional stablecoins.
about Kaia & LINE Launch Stablecoin Super-App for 200M UsersYouTuber Exposes $800K Crypto Scam in Cebu
A YouTuber infiltrated and exposed an $800,000 crypto scam operating from the Skyrise building in Cebu IT Park, Philippines. The fraudulent call center used fake investment products such as Quantum AI and Bitcoin Code to lure victims from South Africa, Nigeria, and Gulf countries, previously targeting Canada, the UK, and Europe. The scammers operated under multiple aliases, including BMJ Data Processing Services and Virtual Wealth Exchange, exploiting the Philippines’ low labor costs and English proficiency to run their global fraud scheme. The YouTuber’s live confrontation and CCTV hack revealed the operation’s scale and methods.
about YouTuber Exposes $800K Crypto Scam in CebuPhilippine Banks Launch PHPX Stablecoin to Enhance Cross-Border Payments
Several Philippine banks are collaborating to launch PHPX, a peso-backed stablecoin designed to enhance cross-border payments and financial inclusion, with a launch expected between May and July. Developed by Just Finance on the Hedera DLT network, PHPX aims to facilitate real-time remittances, allowing overseas workers to make direct payments for expenses like school tuition in the Philippines. The initiative includes plans for a multicurrency stablecoin exchange and adheres to global compliance standards to ensure secure transactions.
about Philippine Banks Launch PHPX Stablecoin to Enhance Cross-Border Payments