Philippines to close digital bank licence applications as GOtyme gets the nod
Central bank says the window for digital banking licence applications will close on 31 August.
Bangko Sentral ng Pilipinas
Philippines central bank to publish digital bank framework this month
A basic digital bank will require a minimum capitalisation of $8.2 million.
Blockchain and Bitcoin round-up: 15 February 2017
Life is a cabaret… and a fast one at that. Here’s a round-up of key events to save you time. Featuring KPMG, Microsoft, Hyperledger and more. Japan’s largest Bitcoin exchange Bitflyer has finished a new ¥200 million ($1.75 million) funding round from Dai-ichi Life Insurance Company, Mizuho Capital and SMBC Venture Capital. The banks’ backing […]
Swift hacks lead to Philippine central bank cyber security boost
Bangko Sentral ng Pilipinas, the Philippine central bank, is strengthening its cyber security surveillance in light of the recent Swift hacking saga. Nestor Espenilla, the central bank deputy governor in charge of banking supervision, says it wants to reinforce its defences and is also considering regulating Bitcoin firms due to money laundering issues. This development […]
