Fintechnews.PH picks every Friday for you the top 5 Fintech Philippines News of the week:
Here we go:
Philippine Central Bank may Decide to Regulate Bitcoin After all
Banko Sentral ng Pilipinas has kept close tabs on Bitcoin’s progress. More specifically, their plan has always been to introduce some form of regulation at some point. (Read more)
PHL journey to digital transactions needs faster vehicles
The Philippines is well on its way to be a cashless nation, results of a survey claims. (Read more)
Government sets P50-B funding for MSME development
The government intends to alleviate the plight of micro, small and medium enterprises (MSMEs) as it plans to shell out P50 billion for an assistance and development program until 2022, the country’s trade chief said yesterday. (Read more)
Filipino tech firm supports startups
Sprout Solutions, the fastest-growing Filipino tech startup providing a complete suite of HR software tools specifically made for the Philippine business environment, gives back by supporting the country’s startup community through its series of free learning seminars called Sprout Academy. (Read more)
Grab plans Philippines m-payment push
Singapore-based taxi booking company Grab plans to launch its digital payments platform GrabPay in the Philippines in the first half of 2018 and is holding discussions with the country’s central bank about acquiring an e-licence. (Read more)