The regulatory body will also be working with the government on crypto taxation and prevent the use of digital currencies for illicit activities.
The HB10 fund will help small and retail investors to diversify their risks while allowing them to invest in multiple digital currencies.
The latest software upgrade comprises of all the support elements which can establish a stepping-stone for the Sapling upgrade, scheduled ahead this year.
All the airport terminals and merchants will now be accepting payments in six different digital currencies.
The addition of fiat-to-crypto trading pairs will help the exchange attract more investors to its platform.
The outcome of this experimental ICO will be used to launch new tokenized online services
Titanium Blockchain Infrastructure Services Inc. has been charged with cheating investors and lying them of false business relationships with industry giants.
The National Assembly has also asked the government to form a task force to develop a conducive environment for the crypto space.
This is one of the biggest blockchain projects undertaken by Philippines to include its rural banks in the country’s mainstream banking sector.
The crypto exchange noted that it was forced to take this action as these 11 countries failed to take necessary measures to combat illicit actives like money laundering and terror funding.