BitPinas

3 weeks ago | bitpinas.com | Michael Mislos

In a video published on June 5, 2025, all while clarifying that he was speaking in a personal capacity, Luis Buenaventura, the head of GCrypto and vice president at GCash, expressed that the Philippines’ new crypto regulations are not a crackdown on education. They are instead a stance against unregistered operations.

3 weeks ago | bitpinas.com | Michael Mislos

The Securities and Exchange Commission has released an updated draft of its Crypto-Asset Service Provider (CASP) Rules, which includes an expanded regulatory oversight of how crypto-assets and related services are promoted in the country. Section 7 of the May 30, 2025, draft expands the definition of “marketing” from the December 2024 Draft to include nearly all forms of public communication, including events, educational content, and indirect endorsements.

4 weeks ago | bitpinas.com | Michael Mislos

The U.S. Treasury, the department responsible for issuing Treasury bonds, notes, and bills, has sanctioned a Philippine-based technology firm accused of providing infrastructure for cryptocurrency scams known as “pig butchering,” which have cost victims from the country at least $200 million. Funnull Technology Inc., based in the Philippines, was sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC).

2 months ago | bitpinas.com | Michael Mislos

PRESS RELEASE | Apr 11th, Panama – Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official Chinese name, “Damen“(大门, meaning “The Gate“).

2 months ago | bitpinas.com | Michael Mislos

The Philippine Securities and Exchange Commission (SEC) has removed broad provisions and introduced stricter operational requirements in the newly revised draft rules for Crypto-Asset Service Providers (CASPs). The proposed issuance, now titled “SEC Guidelines on the Operations of Crypto-Assets Service Providers,” removes or revises several high-level policy sections from the original “SEC Rules on Crypto-Assets Service Providers,” in favor of highly detailed technical and compliance guidelines.