Seychelles, February 10, 2025 — MEXC, a leading global cryptocurrency exchange, has launched a landmark celebration of Bitcoin's continued market dominance with a trading event titled "<a href="https://www.mexc.com/landings/buyBTCfor1dollar">Buy BTC for $1</a>", symbolically pricing Bitcoin at $1 to commemorate its journey from around $1 in 2011 to over $100,000 in 2024. The celebration features a massive 350,000 USDT prize pool, demonstrating MEXC's commitment to rewarding its community.

This initiative, running from February 9 to 12, 2025, comes at a notable moment in Bitcoin's transformation. The leading cryptocurrency's extraordinary trajectory has reshaped the financial landscape, evolving from a niche digital asset to a major investment vehicle. MEXC has been instrumental in this evolution by providing professional-grade trading infrastructure and robust liquidity for various market participants. In 2024, MEXC not only ranked among the top global exchanges with an 11.6% spot market share but also recorded the highest year-over-year growth in derivatives trading among major exchanges.

Eligible KYC-verified users, both new and existing, can participate in the "Buy BTC for $1" event through Futures trading on MEXC's platform. The event's 350,000 USDT prize pool will be distributed among participants based on their trading volume, with higher trading volumes increasing their chances of winning a larger share.

"Even amid recent turbulence in the crypto market, Bitcoin remains the cornerstone of crypto investment. Currently, Bitcoin serves as the main driver of the mainstream adoption of cryptocurrency, with its price breaking the $1 mark in February 2011 and surpassing $100,000 in December 2024, continuing its upward trend. This new event is a prime example of how we create exciting, unique opportunities for our users, enabling them to engage with the market at an unimaginable price point. It's an exciting way for both seasoned traders and newcomers to benefit from the incredible potential of Bitcoin," said Tracy Jin, Vice President at MEXC.

MEXC's contribution to Bitcoin's ecosystem and the broader crypto industry extends beyond promotional events. The exchange has distinguished itself through several key achievements in 2024:

An extensive listing of over 3,000 tradable tokens to capitalize on emerging opportunities. 

Distribution of $136 million in rewards through 2,293 airdrop events.

Implementation of competitive fee structures to help traders maximize their profits.

Maintenance of robust liquidity and market depth to facilitate smooth execution in extreme market conditions. 

"At MEXC, our users' interests are always at the heart of everything we do. With over 30 million users across more than 170 countries, we continue to expand our reach while innovating to provide the best possible trading experience. We're committed to offering cutting-edge trading features and organizing exclusive events that empower crypto enthusiasts and newbies to explore new opportunities and grow their portfolios," Tracy added.

MEXC's platform enhancements and strategic initiatives have earned recognition from TokenInsight, securing positions among the Top 6 in Spot trading and Top 5 in Derivatives trading. These achievements underscore the exchange's role in facilitating professional crypto trading and its commitment to serving experienced market participants.

For full event details and participation rules, visit the <a href="https://www.mexc.com/landings/buyBTCfor1dollar">event page</a>.

The information provided in this article about cryptocurrencies does not represent MEXC's official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. 

Find us on <a href="https://x.com/MEXC_Filipino">X</a><a href="https://x.com/MEXC_Filipino"></a>, <a href="https://t.me/MEXCFilipino">Telegram</a><a href="https://t.me/MEXCFilipino"></a>, <a href="https://web.facebook.com/profile.php?id=61572039867638">Facebook </a>

Refer friends and earn commissions：<a href="https://www.mexc.com/invite" target="_blank">https://www.mexc.com/invite</a>

<a href="https://www.mexc.com/invite" target="_blank"></a>Download the mobile or desktop app：<a href="https://www.mexc.com/download" target="_blank">https://www.mexc.com/download</a>

MEXC, a global cryptocurrency exchange, is celebrating Bitcoin's rise with a "Buy BTC for $1" trading event from February 9-12, 2025. This symbolic pricing commemorates Bitcoin's growth from around $1 in 2011 to over $100,000 in 2024. The event features a 350,000 USDT prize pool for KYC-verified users (new and existing) who participate in Futures trading. Prizes are awarded based on trading volume.

MEXC highlights Bitcoin's role as the cornerstone of crypto investment and driver of mainstream adoption. The exchange emphasizes its own growth and contributions, including a top ranking in spot and derivatives trading, over 3,000 listed tokens, $136 million in airdrop rewards, competitive fees, and robust liquidity. MEXC aims to provide a user-friendly platform for its 30 million+ users across 170+ countries, offering innovative features and exclusive events. They encourage users to research before investing in the volatile crypto market. Seychelles, February 10, 2025 — MEXC, a leading global cryptocurrency exchange, has launched a landmark celebration of Bitcoin's continued market dominance with a trading event titled "<a href="https://www.mexc.com/landings/buyBTCfor1dollar">Buy BTC for $1</a>", symbolically pricing Bitcoin at $1 to commemorate its journey from around $1 in 2011 to over $100,000 in 2024. The celebration features a massive 350,000 USDT prize pool, demonstrating MEXC's commitment to rewarding its community. This initiative, running from February 9 to 12, 2025, comes at a notable moment in Bitcoin's transformation. The leading cryptocurrency's extraordinary trajectory has reshaped the financial landscape, evolving from a niche digital asset to a major investment vehicle. MEXC has been instrumental in this evolution by providing professional-grade trading infrastructure and robust liquidity for various market participants. In 2024, MEXC not only ranked among the top global exchanges with an 11.6% spot market share but also recorded the highest year-over-year growth in derivatives trading among major exchanges.Eligible KYC-verified users, both new and existing, can participate in the "Buy BTC for $1" event through Futures trading on MEXC's platform. The event's 350,000 USDT prize pool will be distributed among participants based on their trading volume, with higher trading volumes increasing their chances of winning a larger share."Even amid recent turbulence in the crypto market, Bitcoin remains the cornerstone of crypto investment. Currently, Bitcoin serves as the main driver of the mainstream adoption of cryptocurrency, with its price breaking the $1 mark in February 2011 and surpassing $100,000 in December 2024, continuing its upward trend. This new event is a prime example of how we create exciting, unique opportunities for our users, enabling them to engage with the market at an unimaginable price point. It's an exciting way for both seasoned traders and newcomers to benefit from the incredible potential of Bitcoin," said Tracy Jin, Vice President at MEXC.MEXC's contribution to Bitcoin's ecosystem and the broader crypto industry extends beyond promotional events. The exchange has distinguished itself through several key achievements in 2024:An extensive listing of over 3,000 tradable tokens to capitalize on emerging opportunities. Distribution of $136 million in rewards through 2,293 airdrop events.Implementation of competitive fee structures to help traders maximize their profits.Maintenance of robust liquidity and market depth to facilitate smooth execution in extreme market conditions. "At MEXC, our users' interests are always at the heart of everything we do. With over 30 million users across more than 170 countries, we continue to expand our reach while innovating to provide the best possible trading experience. We're committed to offering cutting-edge trading features and organizing exclusive events that empower crypto enthusiasts and newbies to explore new opportunities and grow their portfolios," Tracy added.MEXC's platform enhancements and strategic initiatives have earned recognition from TokenInsight, securing positions among the Top 6 in Spot trading and Top 5 in Derivatives trading. These achievements underscore the exchange's role in facilitating professional crypto trading and its commitment to serving experienced market participants.For full event details and participation rules, visit the <a href="https://www.mexc.com/landings/buyBTCfor1dollar">event page</a>. Risk DisclaimerThe information provided in this article about cryptocurrencies does not represent MEXC's official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. Find us on <a href="https://x.com/MEXC_Filipino">X</a><a href="https://x.com/MEXC_Filipino"></a>, <a href="https://t.me/MEXCFilipino">Telegram</a><a href="https://t.me/MEXCFilipino"></a>, <a href="https://web.facebook.com/profile.php?id=61572039867638">Facebook </a>Refer friends and earn commissions：<a href="https://www.mexc.com/invite" target="_blank">https://www.mexc.com/invite</a><a href="https://www.mexc.com/invite" target="_blank"></a>Download the mobile or desktop app：<a href="https://www.mexc.com/download" target="_blank">https://www.mexc.com/download</a>

Blockchain / Web3

Cryptocurrency

MEXC, a global cryptocurrency exchange, is celebrating Bitcoin's rise with a "Buy BTC for $1" trading event from February 9-12, 2025.  This symbolic pricing commemorates Bitcoin's growth from around $1 in 2011 to over $100,000 in 2024. The event features a 350,000 USDT prize pool for KYC-verified users (new and existing) who participate in Futures trading.  Prizes are awarded based on trading volume.

MEXC highlights Bitcoin's role as the cornerstone of crypto investment and driver of mainstream adoption.  The exchange emphasizes its own growth and contributions, including a top ranking in spot and derivatives trading, over 3,000 listed tokens, $136 million in airdrop rewards, competitive fees, and robust liquidity.  MEXC aims to provide a user-friendly platform for its 30 million+ users across 170+ countries, offering innovative features and exclusive events.  They encourage users to research before investing in the volatile crypto market.

MEXC Celebrates Bitcoin's Milestone with Groundbreaking "Buy BTC for $1" Trading Event and 350,000 USDT Prize Pool

2024 has been a challenging year for the crypto industry. Despite facing significant challenges, the market showed signs of recovery toward the end of the year, fueled by the memecoin hype and notable shifts in the exchange landscape. 

According to the latest TokenInsight research report, <a href="https://www.mexc.com/">MEXC</a> achieved remarkable growth and market presence in 2024, securing a position among the top 6 in Spot trading and the top 5 in Derivatives trading. This success underscores MEXC's effective memecoin listing strategies and robust user growth initiatives.&nbsp;

The report further highlights that MEXC's market share grew by 9.2 percentage points, reaching 11.6% by the end of 2024, compared to 2.4% in 2023.

In the <a href="https://www.mexc.com/futures">Derivatives</a> market, MEXC's market share grew by 10.4 percentage points in 2024 compared to 2023, marking the largest increase among major exchanges.&nbsp;&nbsp;

MEXC's success can be attributed to its unparalleled speed in token listings and extensive selection. As of this writing, MEXC has listed over 3,000 tokens, providing users with quick access to the latest and most promising projects, particularly in the memecoin space.

Aggressive Memecoin Listings to Capitalize on Market Hype 

MEXC focuses on identifying promising projects to help users navigate diverse market trends. In 2024, the platform listed over 2,300 new tokens, including more than 600 trending memecoins.

According to MEXC's 2024 statistics, the top 5 highest-gaining memecoins initially listed on MEXC achieved an average peak increase of over 87x, with KEKIUS and FWOG surpassing 100x.

Additionally, the top 5 memecoins with the highest market caps initially listed on MEXC in 2024 recorded an average peak increase of over 35x, with PNUT leading the way at over 70x.

In 2024, MEXC made a significant impact in the memecoin space by listing popular tokens such as PNUT, FWOG, SWARMS, MOODENG, BOME, UFD, MOG, and POPCAT, solidifying its position as a dominant force in the memecoin market.

Notably, at the beginning of 2025, MEXC's Meme+ Trading Zone became the exclusive launch platform for trending memecoins such as KEKIUS, TRUMP, MELANIA, and VINE. This platform provides users with early investment opportunities and ensures they stay ahead of the latest market trends.

Massive Airdrops Fuel Explosive User Growth

MEXC's success is further bolstered by its user-first approach, which includes massive airdrop rewards. The platform offers daily airdrops, enabling users to easily participate and earn substantial rewards without navigating complex processes. In 2024, MEXC held 2,293 airdrop events, distributing over $136 million in rewards—a testament to its commitment to user experience and value creation.

The exchange has partnered with blockchain projects such as APT, CATI, XTER, SONIC, and SUPRA, offering users access to a diverse range of altcoins, enhanced trading experiences, and attractive prize pools. These partnerships have strengthened MEXC's position in the spot market.

In addition, MEXC provides highly competitive trading fees, helping users minimize costs. Coupled with robust liquidity, the platform ensures seamless and efficient trade execution. These advantages have established MEXC as the go-to platform for both new and experienced cryptocurrency traders.

Innovative and Powerful Features for Trading

MEXC is dedicated to continuous platform innovation and feature expansion, which has been pivotal in maintaining its competitive edge in the rapidly evolving cryptocurrency market.

Recently, MEXC introduced several innovative features designed to enhance the user experience and help traders capitalize on investment opportunities, particularly in the growing memecoin market.

Meme+ Trading Zone: The launch of the <a href="https://www.mexc.com/memecoin">Meme+ Trading Zone</a> has solidified MEXC's position in the expanding memecoin market. By curating trending memecoin projects and simplifying the trading process, Meme+ enables users to access high-potential tokens with ease. It eliminates technical barriers, such as requiring a Web3 wallet or private keys, making trading more accessible and user-friendly.

Contract Address Search: To address the challenges of navigating the rapidly growing memecoin market, this feature allows users to locate tokens quickly using their unique contract addresses. This improves trading efficiency while reducing the risks of errors and scams.

400x Leverage on Futures: MEXC offers up to 400x leverage for BTCUSDT and ETHUSDT Futures trading, enabling traders to capitalize on small market movements, even with minimal capital. This feature maximizes potential returns and provides opportunities for significant profits.

Through its fast and aggressive memecoin listing strategies, massive airdrops, and user-friendly trading features, MEXC has successfully expanded its user base. The platform now serves over 30 million users across more than 170 countries and regions. And now MEXC Boosts<a href="https://www.mexc.com/invite"> Referral Program </a>with up to 50% Commissions and Exclusive Benefits!

The information provided in this article about cryptocurrencies does not represent MEXC's official stance or constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.



MEXC has become a top cryptocurrency exchange in 2024, rising to the top 6 in spot trading and top 5 in derivatives trading. This success is largely due to their strategic focus on memecoins, including:

Aggressive memecoin listings: MEXC listed over 600 trending memecoins in 2024, capitalizing on the market hype and offering users early access to high-potential tokens. Many of these listings saw massive gains, with some exceeding 100x.

Meme+ Trading Zone: This dedicated platform provides a user-friendly way to trade memecoins, further solidifying MEXC's dominance in this market.

Beyond memecoins, MEXC drives user growth and satisfaction through:

Massive airdrops: Distributing over $136 million in rewards to users in 2024.

Low fees and high liquidity: Creating a competitive trading environment.

Innovative features: Like contract address search and high leverage trading.

These strategies have led to a significant increase in market share and a user base of over 30 million. However, the report reminds investors that the cryptocurrency market is volatile and encourages careful evaluation before trading. 2024 has been a challenging year for the crypto industry. Despite facing significant challenges, the market showed signs of recovery toward the end of the year, fueled by the memecoin hype and notable shifts in the exchange landscape. According to the latest TokenInsight research report, <a href="https://www.mexc.com/">MEXC</a> achieved remarkable growth and market presence in 2024, securing a position among the top 6 in Spot trading and the top 5 in Derivatives trading. This success underscores MEXC's effective memecoin listing strategies and robust user growth initiatives.&nbsp;<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/0f1e273b-b1fa-4ca5-76b3-a280072bd000/public" alt="Image" />The report further highlights that MEXC's market share grew by 9.2 percentage points, reaching 11.6% by the end of 2024, compared to 2.4% in 2023.<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/0fff6fe5-c5ad-4783-8d9a-f9216523b900/public" alt="Image" />In the <a href="https://www.mexc.com/futures">Derivatives</a> market, MEXC's market share grew by 10.4 percentage points in 2024 compared to 2023, marking the largest increase among major exchanges.&nbsp;&nbsp;<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/e69e3e5d-3ca0-48b9-eaaa-68e49a2eb800/public" alt="Image" /><h2>Key Drivers Behind MEXC's Success</h2>MEXC's success can be attributed to its unparalleled speed in token listings and extensive selection. As of this writing, MEXC has listed over 3,000 tokens, providing users with quick access to the latest and most promising projects, particularly in the memecoin space.<h3>Aggressive Memecoin Listings to Capitalize on Market Hype </h3>MEXC focuses on identifying promising projects to help users navigate diverse market trends. In 2024, the platform listed over 2,300 new tokens, including more than 600 trending memecoins.According to MEXC's 2024 statistics, the top 5 highest-gaining memecoins initially listed on MEXC achieved an average peak increase of over 87x, with KEKIUS and FWOG surpassing 100x.Additionally, the top 5 memecoins with the highest market caps initially listed on MEXC in 2024 recorded an average peak increase of over 35x, with PNUT leading the way at over 70x.In 2024, MEXC made a significant impact in the memecoin space by listing popular tokens such as PNUT, FWOG, SWARMS, MOODENG, BOME, UFD, MOG, and POPCAT, solidifying its position as a dominant force in the memecoin market.Notably, at the beginning of 2025, MEXC's Meme+ Trading Zone became the exclusive launch platform for trending memecoins such as KEKIUS, TRUMP, MELANIA, and VINE. This platform provides users with early investment opportunities and ensures they stay ahead of the latest market trends.<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/caebcb01-5541-44b8-7892-c5b0a6293800/public" alt="Image" /><h3>Massive Airdrops Fuel Explosive User Growth</h3>MEXC's success is further bolstered by its user-first approach, which includes massive airdrop rewards. The platform offers daily airdrops, enabling users to easily participate and earn substantial rewards without navigating complex processes. In 2024, MEXC held 2,293 airdrop events, distributing over $136 million in rewards—a testament to its commitment to user experience and value creation.The exchange has partnered with blockchain projects such as APT, CATI, XTER, SONIC, and SUPRA, offering users access to a diverse range of altcoins, enhanced trading experiences, and attractive prize pools. These partnerships have strengthened MEXC's position in the spot market.In addition, MEXC provides highly competitive trading fees, helping users minimize costs. Coupled with robust liquidity, the platform ensures seamless and efficient trade execution. These advantages have established MEXC as the go-to platform for both new and experienced cryptocurrency traders.<h3>Innovative and Powerful Features for Trading</h3>MEXC is dedicated to continuous platform innovation and feature expansion, which has been pivotal in maintaining its competitive edge in the rapidly evolving cryptocurrency market.Recently, MEXC introduced several innovative features designed to enhance the user experience and help traders capitalize on investment opportunities, particularly in the growing memecoin market.Meme+ Trading Zone: The launch of the <a href="https://www.mexc.com/memecoin">Meme+ Trading Zone</a> has solidified MEXC's position in the expanding memecoin market. By curating trending memecoin projects and simplifying the trading process, Meme+ enables users to access high-potential tokens with ease. It eliminates technical barriers, such as requiring a Web3 wallet or private keys, making trading more accessible and user-friendly.Contract Address Search: To address the challenges of navigating the rapidly growing memecoin market, this feature allows users to locate tokens quickly using their unique contract addresses. This improves trading efficiency while reducing the risks of errors and scams.400x Leverage on Futures: MEXC offers up to 400x leverage for BTCUSDT and ETHUSDT Futures trading, enabling traders to capitalize on small market movements, even with minimal capital. This feature maximizes potential returns and provides opportunities for significant profits.Through its fast and aggressive memecoin listing strategies, massive airdrops, and user-friendly trading features, MEXC has successfully expanded its user base. The platform now serves over 30 million users across more than 170 countries and regions. And now MEXC Boosts<a href="https://www.mexc.com/invite"> Referral Program </a>with up to 50% Commissions and Exclusive Benefits!Risk DisclaimerThe information provided in this article about cryptocurrencies does not represent MEXC's official stance or constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

MEXC has become a top cryptocurrency exchange in 2024, rising to the top 6 in spot trading and top 5 in derivatives trading. This success is largely due to their strategic focus on memecoins, including:

Aggressive memecoin listings: MEXC listed over 600 trending memecoins in 2024, capitalizing on the market hype and offering users early access to high-potential tokens. Many of these listings saw massive gains, with some exceeding 100x.

Meme+ Trading Zone: This dedicated platform provides a user-friendly way to trade memecoins, further solidifying MEXC's dominance in this market.

Beyond memecoins, MEXC drives user growth and satisfaction through:

Massive airdrops: Distributing over $136 million in rewards to users in 2024.

Low fees and high liquidity: Creating a competitive trading environment.

Innovative features: Like contract address search and high leverage trading.

These strategies have led to a significant increase in market share and a user base of over 30 million.  However, the report reminds investors that the cryptocurrency market is volatile and encourages careful evaluation before trading.

MEXC Rises to Top 6 in Spot and Top 5 in Derivatives with Winning Memecoin Listing Strategies

As part of our ongoing efforts to enhance MEXC's P2P trading platform and expand support for more fiat currencies, we are pleased to announce that the Philippine peso (PHP) is now available for buying and selling cryptocurrency.

MEXC P2P offers traders the most convenient, cost-effective service for buying and selling cryptocurrency with zero transaction fees. For Philippines users, P2P supports popular payment methods such as Gcash, Maya, Bank Transfer, and GoTyme Bank.&nbsp;<a href="https://otc.mexc.com/">Kickstart your P2P trading journey.</a>

<a href="https://otc.mexc.com/"></a>We’re inviting new merchants to join MEXC's P2P platform and post ads for buying and selling cryptocurrency with PHP. As a P2P merchant, you'll enjoy zero transaction fees, dedicated customer support, a special merchant badge, and access to exclusive events with added benefits.&nbsp;<a href="https://otc.mexc.com/apply-merchant">Apply now to become a P2P merchant!</a>

<a href="https://otc.mexc.com/apply-merchant"></a>What is P2P trading?MEXC P2P is a platform that allows users to trade cryptocurrency directly with other users. You can buy and sell cryptocurrency on MEXC P2P as a seller or a buyer.&nbsp;<a href="https://www.mexc.com/support/articles/17827791510712">Click here to learn more.</a>

<a href="https://www.mexc.com/support/articles/17827791510712"></a>Find us on&nbsp;<a href="https://x.com/MEXC_Filipino">X</a>,&nbsp;<a href="https://t.me/MEXCFilipino">Telegram</a>,<a href="https://www.facebook.com/profile.php?id=61572039867638">&nbsp;Facebook</a>&nbsp;

<a href="https://www.mexc.com/landings/0fee?handleDefaultLocale=keep" target="_blank"></a>Refer friends and earn commissions：<a href="https://www.mexc.com/invite" target="_blank">https://www.mexc.com/invite</a>

MEXC now supports the Philippine Peso (PHP) on its P2P trading platform, allowing users to buy and sell crypto with zero transaction fees. Supported Philippine payment methods include Gcash, Maya, Bank Transfer, and GoTyme Bank. 
MEXC is also recruiting new P2P merchants, offering benefits like zero fees, dedicated support, a special badge, and exclusive events. P2P trading allows users to trade crypto directly with each other. As part of our ongoing efforts to enhance MEXC's P2P trading platform and expand support for more fiat currencies, we are pleased to announce that the Philippine peso (PHP) is now available for buying and selling cryptocurrency.MEXC P2P offers traders the most convenient, cost-effective service for buying and selling cryptocurrency with zero transaction fees. For Philippines users, P2P supports popular payment methods such as Gcash, Maya, Bank Transfer, and GoTyme Bank.&nbsp;<a href="https://otc.mexc.com/">Kickstart your P2P trading journey.</a><a href="https://otc.mexc.com/"></a>We’re inviting new merchants to join MEXC's P2P platform and post ads for buying and selling cryptocurrency with PHP. As a P2P merchant, you'll enjoy zero transaction fees, dedicated customer support, a special merchant badge, and access to exclusive events with added benefits.&nbsp;<a href="https://otc.mexc.com/apply-merchant">Apply now to become a P2P merchant!</a><a href="https://otc.mexc.com/apply-merchant"></a>What is P2P trading?MEXC P2P is a platform that allows users to trade cryptocurrency directly with other users. You can buy and sell cryptocurrency on MEXC P2P as a seller or a buyer.&nbsp;<a href="https://www.mexc.com/support/articles/17827791510712">Click here to learn more.</a><a href="https://www.mexc.com/support/articles/17827791510712"></a>Find us on&nbsp;<a href="https://x.com/MEXC_Filipino">X</a>,&nbsp;<a href="https://t.me/MEXCFilipino">Telegram</a>,<a href="https://www.facebook.com/profile.php?id=61572039867638">&nbsp;Facebook</a>&nbsp;<a href="https://www.mexc.com/landings/0fee?handleDefaultLocale=keep" target="_blank"></a>Refer friends and earn commissions：<a href="https://www.mexc.com/invite" target="_blank">https://www.mexc.com/invite</a><a href="https://www.mexc.com/invite" target="_blank"></a>Download the mobile or desktop app：<a href="https://www.mexc.com/download" target="_blank">https://www.mexc.com/download</a>

Mobile app

Foreign companies

MEXC now supports the Philippine Peso (PHP) on its P2P trading platform, allowing users to buy and sell crypto with zero transaction fees.  Supported Philippine payment methods include Gcash, Maya, Bank Transfer, and GoTyme Bank.  
MEXC is also recruiting new P2P merchants, offering benefits like zero fees, dedicated support, a special badge, and exclusive events.  P2P trading allows users to trade crypto directly with each other.

MEXC P2P Now Supports Philippine Peso (PHP)!

Kuala Lumpur, Malaysia – January 16, 2025 — <a href="https://nusantaraglobalnetwork.com">Nusantara Global Network</a>, a leading business development and digital marketing agency, proudly announces a strategic partnership with HF Markets (HFM), a globally recognized broker. This collaboration aims to empower<a href="https://majalahforexmalaysia.com/"> traders</a> in Southeast Asia by providing advanced tools and competitive conditions for HFM crypto CFD trading.

Through this partnership, Nusantara Global Network will leverage HF Markets’ robust platform, offering ultra-fast execution, leverage of up to 1:50 on selected cryptocurrencies, and the flexibility to trade 24/5. This collaboration seeks to expand trading opportunities for crypto traders, providing premium <a href="https://traderforexmalaysia.com">services</a> that cater to both novice and experienced traders in the region.

Empowering Crypto Traders with Advanced Tools

As the crypto trading market continues to grow, <a href="https://hfm.wasap.my">Nusantara Global Network and HF Markets</a> are committed to delivering a platform that ensures fast execution, low spreads, and negative balance protection, while also offering the ability to profit from both rising and falling markets.

"This partnership allows us to extend our offerings to the crypto trading community," said a representative from Nusantara Global Network. "With HF Markets' cutting-edge platform and financial expertise, we are confident in delivering a superior HFM crypto <a href="https://rebatefx.online">trading</a> experience, giving traders a competitive edge."

The collaboration is designed to support traders at all levels, providing leverage of up to 1:50 on selected cryptocurrencies, empowering traders to maximize their potential while maintaining control over their trades.

A Seamless HFM Crypto Trading Experience

Traders using HF Markets' platform will enjoy a seamless experience across devices, including desktop, mobile, and web, ensuring they never miss a market opportunity. Combined with fast execution, the platform equips traders with the necessary tools for making informed and timely decisions.

A spokesperson from HF Markets commented, "We are thrilled to partner with Nusantara Global Network to bring our<a href="https://www.hfm.com/sv/en/?refid=364418"> crypto</a> CFD trading platform to a broader audience in Southeast Asia. Our platform is designed to offer maximum flexibility, competitive conditions, and access to the tools traders need to succeed in the rapidly changing crypto markets."

As demand for crypto trading continues to rise in Southeast Asia, this partnership positions both companies as leaders, offering a world-class platform for HFM crypto CFD trading. Nusantara Global Network and HF Markets are committed to providing innovative solutions that cater to the evolving needs of traders in this dynamic market.

HF Markets (HFM) is a global online broker providing traders access to a wide range of asset classes, including Forex, commodities, and indices. Known for its user-friendly platform and excellent customer support, HFM is dedicated to empowering traders with the tools and resources needed for successful trading, particularly in crypto CFD trading.

Kuala Lumpur, Malaysia – January 16, 2025 — <a href="https://nusantaraglobalnetwork.com">Nusantara Global Network</a>, a leading business development and digital marketing agency, proudly announces a strategic partnership with HF Markets (HFM), a globally recognized broker. This collaboration aims to empower<a href="https://majalahforexmalaysia.com/"> traders</a> in Southeast Asia by providing advanced tools and competitive conditions for HFM crypto CFD trading.Through this partnership, Nusantara Global Network will leverage HF Markets’ robust platform, offering ultra-fast execution, leverage of up to 1:50 on selected cryptocurrencies, and the flexibility to trade 24/5. This collaboration seeks to expand trading opportunities for crypto traders, providing premium <a href="https://traderforexmalaysia.com">services</a> that cater to both novice and experienced traders in the region.Empowering Crypto Traders with Advanced ToolsAs the crypto trading market continues to grow, <a href="https://hfm.wasap.my">Nusantara Global Network and HF Markets</a> are committed to delivering a platform that ensures fast execution, low spreads, and negative balance protection, while also offering the ability to profit from both rising and falling markets."This partnership allows us to extend our offerings to the crypto trading community," said a representative from Nusantara Global Network. "With HF Markets' cutting-edge platform and financial expertise, we are confident in delivering a superior HFM crypto <a href="https://rebatefx.online">trading</a> experience, giving traders a competitive edge."The collaboration is designed to support traders at all levels, providing leverage of up to 1:50 on selected cryptocurrencies, empowering traders to maximize their potential while maintaining control over their trades.<div style="width: 100%; height: 100%; padding: 16px;"><iframe style="width: 100%; aspect-ratio: 16 / 9;" src="https://www.youtube.com/embed/6NRoWHrkoHY" allowfullscreen=true></iframe></div>A Seamless HFM Crypto Trading ExperienceTraders using HF Markets' platform will enjoy a seamless experience across devices, including desktop, mobile, and web, ensuring they never miss a market opportunity. Combined with fast execution, the platform equips traders with the necessary tools for making informed and timely decisions.A spokesperson from HF Markets commented, "We are thrilled to partner with Nusantara Global Network to bring our<a href="https://www.hfm.com/sv/en/?refid=364418"> crypto</a> CFD trading platform to a broader audience in Southeast Asia. Our platform is designed to offer maximum flexibility, competitive conditions, and access to the tools traders need to succeed in the rapidly changing crypto markets."Leading the Market in Southeast AsiaAs demand for crypto trading continues to rise in Southeast Asia, this partnership positions both companies as leaders, offering a world-class platform for HFM crypto CFD trading. Nusantara Global Network and HF Markets are committed to providing innovative solutions that cater to the evolving needs of traders in this dynamic market.About HF MarketsHF Markets (HFM) is a global online broker providing traders access to a wide range of asset classes, including Forex, commodities, and indices. Known for its user-friendly platform and excellent customer support, HFM is dedicated to empowering traders with the tools and resources needed for successful trading, particularly in crypto CFD trading.

Nusantara Global Network Announces Strategic Partnership with HF Markets to Empower Crypto CFD Trading in Southeast Asia

Bitwyre is proud to announce its approval as a Licensed Crypto Asset Physical Trader (PFAK) by Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). This milestone solidifies Bitwyre’s position as a trailblazer in Indonesia’s crypto ecosystem, paving the way for its vision to become the nation’s premier crypto SuperApp and a hub for stablecoin and derivatives trading.&nbsp;

Bitwyre is on a mission to integrate a comprehensive suite of services into a single SuperApp, enabling&nbsp; effortless onramp and offramp solutions, and easy coin swaps. Furthermore, Bitwyre is setting its sights on becoming Indonesia’s top stablecoin trading platform while actively developing cutting-edge derivatives trading capabilities.&nbsp;

Following a rigorous evaluation process as a Crypto Asset Physical Trader (PFAK), Bitwyre has successfully met all regulatory requirements outlined in Bappebti Regulation No. 13 of 2022. With the PFAK license, Bitwyre is now fully authorized to operate under Indonesia’s crypto asset trading framework, providing a secure, transparent, and innovative platform for investors and traders.

"The acquisition of the PFAK license underscores Bitwyre's commitment to building a trading platform that prioritizes security, transparency, and user trust. By adhering to applicable regulatory standards, Bitwyre aims to foster long-term trust within the community while actively contributing to shaping the future of Indonesia's crypto asset industry," said Jaricho Naftaly, Head of Government Relations at Bitwyre.

Bitwyre extends heartfelt gratitude to Bappebti for its support and guidance throughout the licensing process. The company also acknowledges the vital contributions of the Crypto Futures Exchange (CFX) and the Indonesian Coin Custodian (ICC), whose collaboration has been instrumental in achieving this significant milestone.

Head of the Indonesian Commodity Futures Trading Regulatory Agency, Bappebti, Tirta Karma Senjaya emphasised the importance of licensing in establishing a secure and sustainable crypto ecosystem, noting that only companies meeting stringent regulatory standards are granted approval. Tirta highlighted that this approach ensures investor protection and promotes the responsible growth of the industry.

“Securing the PFAK license from Bappebti marks a pivotal milestone for Bitwyre. It accelerates our mission to launch Southeast Asia’s first Crypto SuperApp offering seamless mobile trading, and coin staking later this year,” said Dendi, CEO of Bitwyre. “In addition, we remain committed to supporting our institutional traders and investors, by offering robust OTC services and liquidity for stablecoin trading.”

The PFAK license marks a new chapter for Bitwyre as it strives to deliver secure and user-centric trading solutions. The company remains committed to working closely with regulatory authorities and industry partners to shape the future of Indonesia’s crypto economy. Its vision is to empower users with a SuperApp that meets all their crypto needs, from staking to advanced trading features.

Bitwyre is proud to announce its approval as a Licensed Crypto Asset Physical Trader (PFAK) by Indonesian Commodity Futures Trading Regulatory Agency (Bappebti). This milestone solidifies Bitwyre’s position as a trailblazer in Indonesia’s crypto ecosystem, paving the way for its vision to become the nation’s premier crypto SuperApp and a hub for stablecoin and derivatives trading.&nbsp;Bitwyre is on a mission to integrate a comprehensive suite of services into a single SuperApp, enabling&nbsp; effortless onramp and offramp solutions, and easy coin swaps. Furthermore, Bitwyre is setting its sights on becoming Indonesia’s top stablecoin trading platform while actively developing cutting-edge derivatives trading capabilities.&nbsp;Following a rigorous evaluation process as a Crypto Asset Physical Trader (PFAK), Bitwyre has successfully met all regulatory requirements outlined in Bappebti Regulation No. 13 of 2022. With the PFAK license, Bitwyre is now fully authorized to operate under Indonesia’s crypto asset trading framework, providing a secure, transparent, and innovative platform for investors and traders."The acquisition of the PFAK license underscores Bitwyre's commitment to building a trading platform that prioritizes security, transparency, and user trust. By adhering to applicable regulatory standards, Bitwyre aims to foster long-term trust within the community while actively contributing to shaping the future of Indonesia's crypto asset industry," said Jaricho Naftaly, Head of Government Relations at Bitwyre.Bitwyre extends heartfelt gratitude to Bappebti for its support and guidance throughout the licensing process. The company also acknowledges the vital contributions of the Crypto Futures Exchange (CFX) and the Indonesian Coin Custodian (ICC), whose collaboration has been instrumental in achieving this significant milestone.Head of the Indonesian Commodity Futures Trading Regulatory Agency, Bappebti, Tirta Karma Senjaya emphasised the importance of licensing in establishing a secure and sustainable crypto ecosystem, noting that only companies meeting stringent regulatory standards are granted approval. Tirta highlighted that this approach ensures investor protection and promotes the responsible growth of the industry.<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/04d6fdb6-1723-4be7-c7c3-9cca87568b00/public" alt="Dendi Suhubdy, Bitwyre CEO" />“Securing the PFAK license from Bappebti marks a pivotal milestone for Bitwyre. It accelerates our mission to launch Southeast Asia’s first Crypto SuperApp offering seamless mobile trading, and coin staking later this year,” said Dendi, CEO of Bitwyre. “In addition, we remain committed to supporting our institutional traders and investors, by offering robust OTC services and liquidity for stablecoin trading.”The PFAK license marks a new chapter for Bitwyre as it strives to deliver secure and user-centric trading solutions. The company remains committed to working closely with regulatory authorities and industry partners to shape the future of Indonesia’s crypto economy. Its vision is to empower users with a SuperApp that meets all their crypto needs, from staking to advanced trading features.

Software

Startups

Bitwyre to Launch Indonesia’s First Crypto SuperApp Following PFAK License Approval by Bappebti

Manhattan, New York - July 18, 2024 - It wasn't Jaydee’s dream to come to New York, why? “I've always felt it's a bit overrated, but don’t get me wrong—I'm not just a city person. However, when opportunities come knocking, you open the door, right?” Despite his initial reservations about the Big Apple, Jaydee recently found himself at the heart of the city, participating in one of the largest NFT conferences, dubbed the "Super Bowl of NFTs."

Jaydee Rebadulla, a Venture Developer and Ecosystem Enabler, had the incredible opportunity to be part of a panel discussing the "Convergence of AI and NFT." The conference brought together a global congregation of thought leaders and innovators in the space, providing Jaydee with a platform to share his knowledge and insights.

During the conference, Jaydee shared the stage with notable industry leaders, including:

- Manana Samuseva: Founder of Babylon Voice, an AI Voice-Based Digital Identity and Voice Signatures platform, targeting the 1 billion unbanked worldwide via wallets, apps, payments, and games. Babylon Voice leverages Digital Intellectual Properties and Zero-Knowledge Proofs.

- Harmon Leon: A New York Times and Forbes-featured comedian who started the world's first AI vs. Human Comedy Roast Battle.

- Jessy Jeane: Founder of Art From Future DAO, creator of art under the name JessyFries, and co-founder of Gxrls Revolution—a web3 collective empowering women artists.

Jaydee's participation and contributions in the panel went beyond the discussion. He also shared to the audience on how to kickstart their cryptocurrency savings journey through the Crypto Savings Club (CSC) platform built by Bitshares Labs and Compumatrix. Jaydee emphasized the importance of proper diversification, allocation and having a solid strategy in the often-daunting crypto space, noting that without it, beginners are prone to making costly mistakes, like being a victim in frauds or scams (e.g. honeypots, rugpulls and etc.)

In CSC, users can earn yields with their staked stablecoins. The platform is designed not just for saving and staking but also for setting personalized financial goals and creating a roadmap for the future. Whether users are saving for a down payment on a house, planning for retirement, or simply looking to grow their wealth, CSC empowers them to take control of their financial destiny.

The conference in New York City turned out to be more than just an opportunity for Jaydee—it was a revelation of the potential that the city and the tech space hold. Through engaging discussions and connections, Jaydee witnessed firsthand the innovation and collaboration driving the industry forward. This experience has not only enriched his journey but also ignited a renewed passion for advancing the fields of AI, Blockchain &amp; other emerging technology.

"The time when the world’s technological advancements were limited to specific hubs like Silicon Valley has passed. Today, talented individuals with the will to create social impact are spread across various regions, busy solving real-world problems," Jaydee said. His journey embodies this shift, demonstrating that innovation knows no geographical boundaries.

Jaydee is continually traveling and has visited multiple states and cities to foster relationships and connections with investors, accelerators, and enablers. These connections can later open opportunities for Filipinos and other neighboring countries in Southeast Asia, fostering a collaborative ecosystem. He is on a mission to destroy the stigma and social norms about Filipinos. We are more than just domestic workers or OFWs; Filipinos too can build and contribute to innovation. As Jaydee continues to lead and innovate, he remains committed to empowering communities and fostering a more inclusive and prosperous digital future.

<a href="https://coachboostgio.com/boost-gio/">Coach Boost Gio</a> and <a href="https://kwen2co.com/">Kwento Co</a>

Manhattan, New York - July 18, 2024 - It wasn't Jaydee’s dream to come to New York, why? “I've always felt it's a bit overrated, but don’t get me wrong—I'm not just a city person. However, when opportunities come knocking, you open the door, right?” Despite his initial reservations about the Big Apple, Jaydee recently found himself at the heart of the city, participating in one of the largest NFT conferences, dubbed the "Super Bowl of NFTs."<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/9adbd3b8-8759-4d17-244d-68b18f66ee00/public" alt="Image" />Jaydee Rebadulla, a Venture Developer and Ecosystem Enabler, had the incredible opportunity to be part of a panel discussing the "Convergence of AI and NFT." The conference brought together a global congregation of thought leaders and innovators in the space, providing Jaydee with a platform to share his knowledge and insights.<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/fc571587-4e70-4435-0b3a-fede0050ba00/public" alt="Image" />During the conference, Jaydee shared the stage with notable industry leaders, including:- Manana Samuseva: Founder of Babylon Voice, an AI Voice-Based Digital Identity and Voice Signatures platform, targeting the 1 billion unbanked worldwide via wallets, apps, payments, and games. Babylon Voice leverages Digital Intellectual Properties and Zero-Knowledge Proofs.<img style="width: 100%;" src="https://imagedelivery.net/H6_s_Eb_ylTWnSEV3HlmYQ/4e457f8c-1736-49f4-18a8-696002dd8c00/public" alt="Image" />- Harmon Leon: A New York Times and Forbes-featured comedian who started the world's first AI vs. Human Comedy Roast Battle.- Jessy Jeane: Founder of Art From Future DAO, creator of art under the name JessyFries, and co-founder of Gxrls Revolution—a web3 collective empowering women artists.Jaydee's participation and contributions in the panel went beyond the discussion. He also shared to the audience on how to kickstart their cryptocurrency savings journey through the Crypto Savings Club (CSC) platform built by Bitshares Labs and Compumatrix. Jaydee emphasized the importance of proper diversification, allocation and having a solid strategy in the often-daunting crypto space, noting that without it, beginners are prone to making costly mistakes, like being a victim in frauds or scams (e.g. honeypots, rugpulls and etc.)In CSC, users can earn yields with their staked stablecoins. The platform is designed not just for saving and staking but also for setting personalized financial goals and creating a roadmap for the future. Whether users are saving for a down payment on a house, planning for retirement, or simply looking to grow their wealth, CSC empowers them to take control of their financial destiny.The conference in New York City turned out to be more than just an opportunity for Jaydee—it was a revelation of the potential that the city and the tech space hold. Through engaging discussions and connections, Jaydee witnessed firsthand the innovation and collaboration driving the industry forward. This experience has not only enriched his journey but also ignited a renewed passion for advancing the fields of AI, Blockchain &amp; other emerging technology."The time when the world’s technological advancements were limited to specific hubs like Silicon Valley has passed. Today, talented individuals with the will to create social impact are spread across various regions, busy solving real-world problems," Jaydee said. His journey embodies this shift, demonstrating that innovation knows no geographical boundaries.Jaydee is continually traveling and has visited multiple states and cities to foster relationships and connections with investors, accelerators, and enablers. These connections can later open opportunities for Filipinos and other neighboring countries in Southeast Asia, fostering a collaborative ecosystem. He is on a mission to destroy the stigma and social norms about Filipinos. We are more than just domestic workers or OFWs; Filipinos too can build and contribute to innovation. As Jaydee continues to lead and innovate, he remains committed to empowering communities and fostering a more inclusive and prosperous digital future.<a href="https://coachboostgio.com/boost-gio/">Coach Boost Gio</a> and <a href="https://kwen2co.com/">Kwento Co</a>

Magazines / Books / Publications

Marketing / Research

Advertising / Promotion / PR

Filipino-American marks its way at the Largest NFT Conference in New York City

Chris Rodil, also known as Prof Toff, is a Business Development Manager at Bitget who’s an expert in Web3 content. His content focuses on explaining Web3 concepts and Web3 projects in a manner that’s both detailed and easy to understand.

He was a speaker at NFT.NYC 2024 in New York, USA last April, alongside familiar names in the WEB3 industry such as Giu Comia, Cryptopareh, Kaye Labay, Carl Munsayac, and Modern Mulan. They discussed the landscape of the Southeast Asian market and the importance of communities in the region for building the Web3 space.

With a strong advocacy for educational initiatives that create opportunities for students and young people to start building in the industry, he has spoken at various school events in the Metro and recently at Devcon Laguna. There, he focused on the initiatives of Blockchain 4 Youth and empowering women in tech through Blockchain 4 Her.

In addition to his Web3 content, he also teaches Personal Development and Public Speaking at John Robert Powers for young adults, teens, and executives. His love for gaming and passion for engaging with audiences were evident in his recent appearances at Poke’con 2023 and Campus Gamefest at various mall events.

As 2024 reaches its halfway point, he has been very active in sharing the opportunities and collaborations available in the world of tech, digital finance, and business development. His content is typically found on TikTok and Instagram under his social media handle <a href="https://www.instagram.com/prof_toff?utm_source=ig_web_button_share_sheet&amp;igsh=ZDNlZDc0MzIxNw==">@prof_toff</a>.

Chris Rodil, also known as Prof Toff, is a Business Development Manager at Bitget who’s an expert in Web3 content. His content focuses on explaining Web3 concepts and Web3 projects in a manner that’s both detailed and easy to understand.He was a speaker at NFT.NYC 2024 in New York, USA last April, alongside familiar names in the WEB3 industry such as Giu Comia, Cryptopareh, Kaye Labay, Carl Munsayac, and Modern Mulan. They discussed the landscape of the Southeast Asian market and the importance of communities in the region for building the Web3 space.With a strong advocacy for educational initiatives that create opportunities for students and young people to start building in the industry, he has spoken at various school events in the Metro and recently at Devcon Laguna. There, he focused on the initiatives of Blockchain 4 Youth and empowering women in tech through Blockchain 4 Her.In addition to his Web3 content, he also teaches Personal Development and Public Speaking at John Robert Powers for young adults, teens, and executives. His love for gaming and passion for engaging with audiences were evident in his recent appearances at Poke’con 2023 and Campus Gamefest at various mall events.As 2024 reaches its halfway point, he has been very active in sharing the opportunities and collaborations available in the world of tech, digital finance, and business development. His content is typically found on TikTok and Instagram under his social media handle <a href="https://www.instagram.com/prof_toff?utm_source=ig_web_button_share_sheet&amp;igsh=ZDNlZDc0MzIxNw==">@prof_toff</a>.<a href="https://coachboostgio.com/boost-gio/">Coach Boost Gio</a> and <a href="https://kwen2co.com/">Kwento Co</a>

Introducing Prof Toff:  An Expert in Web3 content

Union Bank of the Philippines (UnionBank) users may soon get to trade Bitcoin through their mobile app as soon as the final quarter of 2023.

The&nbsp;<a href="https://www.rappler.com/business/unionbank-earnings-report-q1-2023/">Aboitiz-led</a>&nbsp;bank announced on Tuesday, September 19, that it has secured a certificate of authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP). This means that it can now offer virtual asset exchange services – like trading cryptocurrency – to its customers.

The central bank defines a&nbsp;<a href="https://www.bsp.gov.ph/Regulations/Issuances/2021/1108.pdf" target="_blank">virtual asset</a>&nbsp;as “any type of digital unit that can be digitally traded, or transferred, and can be used for payment or investment purposes.” In the Philippines, financial institutions must obtain a VASP certificate from the BSP before handling virtual assets for customers.

In the case of UnionBank, it is so far the&nbsp;<a href="https://www.bsp.gov.ph/Lists/Directories/Attachments/19/VASP.pdf" target="_blank">first and only bank</a>&nbsp;in the Philippines to offer virtual exchange services. Other financial institutions with the VASP license include coins.ph, Philippine Digital Asset Exchange, and Maya.

<h1>UnionBank to offer mobile crypto trading in Q4 2023</h1>Union Bank of the Philippines (UnionBank) users may soon get to trade Bitcoin through their mobile app as soon as the final quarter of 2023.The&nbsp;<a href="https://www.rappler.com/business/unionbank-earnings-report-q1-2023/">Aboitiz-led</a>&nbsp;bank announced on Tuesday, September 19, that it has secured a certificate of authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP). This means that it can now offer virtual asset exchange services – like trading cryptocurrency – to its customers.The central bank defines a&nbsp;<a href="https://www.bsp.gov.ph/Regulations/Issuances/2021/1108.pdf" target="_blank">virtual asset</a>&nbsp;as “any type of digital unit that can be digitally traded, or transferred, and can be used for payment or investment purposes.” In the Philippines, financial institutions must obtain a VASP certificate from the BSP before handling virtual assets for customers.In the case of UnionBank, it is so far the&nbsp;<a href="https://www.bsp.gov.ph/Lists/Directories/Attachments/19/VASP.pdf" target="_blank">first and only bank</a>&nbsp;in the Philippines to offer virtual exchange services. Other financial institutions with the VASP license include coins.ph, Philippine Digital Asset Exchange, and Maya.

Banks / Credit unions

UnionBank to offer mobile crypto trading in Q4 2023

Crypto exchange&nbsp;Binance&nbsp;late on Monday filed for a&nbsp;protective&nbsp;court&nbsp;order&nbsp;against&nbsp;the U.S.&nbsp;Securities and Exchange Commission, saying the regulator’s requests for information were “over broad” and “unduly burdensome.”

BAM Trading,&nbsp;Binance&nbsp;U.S.’ operating company, and BAM Management in a court filing in the US District Court of Columbia said the group had already provided sufficient information to the regulator.

The&nbsp;protective&nbsp;order&nbsp;seeks to limit the&nbsp;SEC, among other things, to four depositions from BAM employees and to drop the deposition of BAM’s chief executive and of its chief financial officer, without naming anyone.

Binance&nbsp;did not immediately respond to a request for comment, while the&nbsp;SEC&nbsp;declined to comment.

U.S. regulators sued&nbsp;Binance&nbsp;and CEO Changpeng Zhao in June for allegedly operating a “web of deception,” listing 13 charges including claims the company artificially inflated its trading volumes, diverted customer funds, failed to restrict U.S. customers from its platform and misled investors about its market surveillance controls.

“The&nbsp;SEC&nbsp;has still yet to identify any evidence suggesting that customer assets were misused or dissipated in any way,” the filing said.

&nbsp; The&nbsp;SEC&nbsp;has declined BAM’s proposals to meaningfully limit its requests and is opposed to the motion for a&nbsp;protective&nbsp;order, the filing said.

<h1>Binance files for protective order against SEC</h1>Crypto exchange&nbsp;Binance&nbsp;late on Monday filed for a&nbsp;protective&nbsp;court&nbsp;order&nbsp;against&nbsp;the U.S.&nbsp;Securities and Exchange Commission, saying the regulator’s requests for information were “over broad” and “unduly burdensome.”BAM Trading,&nbsp;Binance&nbsp;U.S.’ operating company, and BAM Management in a court filing in the US District Court of Columbia said the group had already provided sufficient information to the regulator.The&nbsp;protective&nbsp;order&nbsp;seeks to limit the&nbsp;SEC, among other things, to four depositions from BAM employees and to drop the deposition of BAM’s chief executive and of its chief financial officer, without naming anyone.Binance&nbsp;did not immediately respond to a request for comment, while the&nbsp;SEC&nbsp;declined to comment.U.S. regulators sued&nbsp;Binance&nbsp;and CEO Changpeng Zhao in June for allegedly operating a “web of deception,” listing 13 charges including claims the company artificially inflated its trading volumes, diverted customer funds, failed to restrict U.S. customers from its platform and misled investors about its market surveillance controls.“The&nbsp;SEC&nbsp;has still yet to identify any evidence suggesting that customer assets were misused or dissipated in any way,” the filing said.&nbsp; The&nbsp;SEC&nbsp;has declined BAM’s proposals to meaningfully limit its requests and is opposed to the motion for a&nbsp;protective&nbsp;order, the filing said.

Binance files for protective order against SEC

The decentralized vision of cryptocurrency was one of the most appealing aspects of the technology when it first emerged. The idea that people could own and control their own money, without the need for a central authority, was revolutionary. However, in recent years, there has been a growing trend toward centralization in the cryptocurrency industry. This has led some to question whether the decentralized vision of crypto is fading away.

There are several reasons for the trend toward centralization in the cryptocurrency industry, the biggest one being customer protection. Like any financial entity, the crypto industry too has been subject to cyber frauds and illicit activity. This is especially true for exchanges and trading platforms where millions of dollars are traded per day and a complete absence of regulations or checks can make it an easy breeding ground for criminal activities.

Governments around the world have slowly started to regulate this industry and most companies based on their geographical location of operations must follow these rules to legally conduct their business. These regulations often require businesses to collect personal information from users and to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.

This is especially relevant for crypto financial providers which once started out as anonymous and allowed users to use their services without any checks but have now turned a corner and introduced some form of regulation to comply with local authorities.

In fact, there are very few services still left that follow the decentralized and anonymous vision of blockchain and allow users to be private.&nbsp;<a href="https://www.blockonomics.co/">Blockonomics</a>, a bitcoin payment gateway, allows customers to use their product without the need to undergo KYC. Another example includes Bisq, a decentralized exchange, which operates on a P2P model with no need for ID checks.

The trend toward centralization has a few implications for the future of cryptocurrency. One implication is that it could make it more difficult to achieve the original goal of decentralization. If the majority of cryptocurrency transactions are processed through centralized exchanges, then these exchanges will have a great deal of control over the cryptocurrency market. This could lead to problems such as censorship and manipulation.

Coinbase and Binance, the two biggest names in the crypto ecosystem, are currently under hot waters with the legal authorities for conducting alleged manipulation of the market and illegal use of customer funds.

Another implication of the trend toward centralization is that it could make it more difficult for new businesses to enter the market. Centralized exchanges and other businesses that have already established themselves in the market will have a significant advantage over new businesses. This could lead to a less competitive market, which could stifle innovation.

Despite the challenges, there are still reasons to be optimistic about the future of decentralized cryptocurrency. There is a growing community of developers and users who are committed to the decentralized vision of crypto. These individuals are working on new technologies and solutions that will make it easier to achieve decentralization. Additionally, there is a growing awareness of the importance of decentralization among governments and regulators. This awareness could lead to regulations that are designed to promote decentralization, rather than hinder it.

The future of decentralized cryptocurrency is uncertain. However, there are still reasons to be optimistic. The decentralized vision of crypto is still alive, and there are several people and organizations working to make it a reality.

Some opportunities for decentralized crypto include:

Financial Inclusion: Decentralized crypto could help to provide financial inclusion to people who are currently excluded from the traditional financial system. It could be used by people in developing countries who do not have access to traditional banks.

Lower Fees: Blockchain could help to lower fees for financial transactions, making them an ideal choice for global payments.

Increased Transparency: It could help to increase transparency in the financial system. Blockchain transactions are recorded on a public blockchain, which makes them transparent to anyone who wants to see them.

While some of the challenges it faces are:

Regulation: Governments around the world are still trying to figure out how to regulate blockchain and cryptocurrency. This uncertainty could make it difficult for businesses to adopt it.

Security: Blockchain is still a relatively new technology, and while it is one of the safest technologies, the companies using them are not so much. There have been quite a few high-profile hacks of decentralized exchanges and other crypto platforms.

<a href="https://insights.blockonomics.co/do-crypto-regulations-help-with-its-adoption/">Mass Adoption</a>: Blockchain is still not widely adopted by the general public. Making it difficult for it to achieve its full potential.

Overall, the future of decentralized crypto is uncertain. However, there are both challenges and opportunities for this technology. It remains to be seen whether decentralized crypto will be able to overcome the challenges and achieve its full potential.

<h1>Is the Decentralized Vision of Crypto Fading Away?</h1>The decentralized vision of cryptocurrency was one of the most appealing aspects of the technology when it first emerged. The idea that people could own and control their own money, without the need for a central authority, was revolutionary. However, in recent years, there has been a growing trend toward centralization in the cryptocurrency industry. This has led some to question whether the decentralized vision of crypto is fading away.There are several reasons for the trend toward centralization in the cryptocurrency industry, the biggest one being customer protection. Like any financial entity, the crypto industry too has been subject to cyber frauds and illicit activity. This is especially true for exchanges and trading platforms where millions of dollars are traded per day and a complete absence of regulations or checks can make it an easy breeding ground for criminal activities.Governments around the world have slowly started to regulate this industry and most companies based on their geographical location of operations must follow these rules to legally conduct their business. These regulations often require businesses to collect personal information from users and to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.This is especially relevant for crypto financial providers which once started out as anonymous and allowed users to use their services without any checks but have now turned a corner and introduced some form of regulation to comply with local authorities.In fact, there are very few services still left that follow the decentralized and anonymous vision of blockchain and allow users to be private.&nbsp;<a href="https://www.blockonomics.co/">Blockonomics</a>, a bitcoin payment gateway, allows customers to use their product without the need to undergo KYC. Another example includes Bisq, a decentralized exchange, which operates on a P2P model with no need for ID checks.The trend toward centralization has a few implications for the future of cryptocurrency. One implication is that it could make it more difficult to achieve the original goal of decentralization. If the majority of cryptocurrency transactions are processed through centralized exchanges, then these exchanges will have a great deal of control over the cryptocurrency market. This could lead to problems such as censorship and manipulation.Coinbase and Binance, the two biggest names in the crypto ecosystem, are currently under hot waters with the legal authorities for conducting alleged manipulation of the market and illegal use of customer funds.Another implication of the trend toward centralization is that it could make it more difficult for new businesses to enter the market. Centralized exchanges and other businesses that have already established themselves in the market will have a significant advantage over new businesses. This could lead to a less competitive market, which could stifle innovation.Despite the challenges, there are still reasons to be optimistic about the future of decentralized cryptocurrency. There is a growing community of developers and users who are committed to the decentralized vision of crypto. These individuals are working on new technologies and solutions that will make it easier to achieve decentralization. Additionally, there is a growing awareness of the importance of decentralization among governments and regulators. This awareness could lead to regulations that are designed to promote decentralization, rather than hinder it.The future of decentralized cryptocurrency is uncertain. However, there are still reasons to be optimistic. The decentralized vision of crypto is still alive, and there are several people and organizations working to make it a reality.Some opportunities for decentralized crypto include:Financial Inclusion: Decentralized crypto could help to provide financial inclusion to people who are currently excluded from the traditional financial system. It could be used by people in developing countries who do not have access to traditional banks.Lower Fees: Blockchain could help to lower fees for financial transactions, making them an ideal choice for global payments.Increased Transparency: It could help to increase transparency in the financial system. Blockchain transactions are recorded on a public blockchain, which makes them transparent to anyone who wants to see them.While some of the challenges it faces are:Regulation: Governments around the world are still trying to figure out how to regulate blockchain and cryptocurrency. This uncertainty could make it difficult for businesses to adopt it.Security: Blockchain is still a relatively new technology, and while it is one of the safest technologies, the companies using them are not so much. There have been quite a few high-profile hacks of decentralized exchanges and other crypto platforms.<a href="https://insights.blockonomics.co/do-crypto-regulations-help-with-its-adoption/">Mass Adoption</a>: Blockchain is still not widely adopted by the general public. Making it difficult for it to achieve its full potential.Overall, the future of decentralized crypto is uncertain. However, there are both challenges and opportunities for this technology. It remains to be seen whether decentralized crypto will be able to overcome the challenges and achieve its full potential.Blockonomics is a leading provider of Bitcoin payment services. Founded in 2015, the company is headquartered in Singapore and serves a global customer base who use them to accept Bitcoin payments online. Blockonomics offers a variety of Bitcoin payment services, including dedicated payment plugins, widgets, invoicing, and block explorer. Arpit Agarwal
arpit@blockonomics.co

Is the Decentralized Vision of Crypto Fading Away?

This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers a hassle-free and rewarding travel experience abroad.

Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy.

“In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account not only locally but wherever they are across the world. We look forward to expanding to other markets abroad soon and to partner with even more merchants in 2023,” GCash president and CEO Martha Sazon said.

When paying for your purchases at these destinations, be sure to look for the Alipay+ logo at the checkout. Open your GCash app and select the QR or PayQR button at the bottom of the screen. Scan the merchant’s QR code, or tap “Pay Abroad with Alipay+” to have the merchant scan your generated QR. Then check the amount, and click Pay to see the receipt.

So no need to bring cash or exchange currency for shopping abroad. Just choose the GCash Scan-to-Pay option for your purchases for a smooth and seamless travel experience – all in just a few taps on your phone via the GCash app! For more information, visit https://help.gcash.com/ and click the “How to Pay QR Internationally” topic.

GCash is continuously expanding its international payment touchpoints in partnership with Alipay+. Aside from the European destinations, the Philippine e-wallet can be used to pay in select merchants across Japan, South Korea, Singapore, Malaysia, and Qatar.

It’s also making its services available to more Filipinos worldwide as the GCash app can now be used with international numbers in the US, UK, Canada, Japan, Italy, and Australia.

<h1>GCash users can now go cashless on their next Euro trip thanks to Alipay+ partnership</h1>GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy.This cross-border payment service is part of the e-wallet’s strengthened collaboration and partnership with Alipay+ to offer a seamless and secure payment experience, as well as real-time foreign exchange (forex) with no service fee, allowing customers a hassle-free and rewarding travel experience abroad.Among the key merchants and stores that can accept GCash via Alipay+ are Harrods, Liberty London, and Harvey Nichols in the UK; Printemps in France; Müller and dm-drogerie markt in Germany; as well as itTaxi, and IVS Group, the leader in the vending machines market, in Italy.“In line with our fervent commitment to make our customers’ everyday lives better and more convenient, we want to make sure that they can maximize their GCash account not only locally but wherever they are across the world. We look forward to expanding to other markets abroad soon and to partner with even more merchants in 2023,” GCash president and CEO Martha Sazon said.When paying for your purchases at these destinations, be sure to look for the Alipay+ logo at the checkout. Open your GCash app and select the QR or PayQR button at the bottom of the screen. Scan the merchant’s QR code, or tap “Pay Abroad with Alipay+” to have the merchant scan your generated QR. Then check the amount, and click Pay to see the receipt.So no need to bring cash or exchange currency for shopping abroad. Just choose the GCash Scan-to-Pay option for your purchases for a smooth and seamless travel experience – all in just a few taps on your phone via the GCash app! For more information, visit https://help.gcash.com/ and click the “How to Pay QR Internationally” topic.GCash is continuously expanding its international payment touchpoints in partnership with Alipay+. Aside from the European destinations, the Philippine e-wallet can be used to pay in select merchants across Japan, South Korea, Singapore, Malaysia, and Qatar.It’s also making its services available to more Filipinos worldwide as the GCash app can now be used with international numbers in the US, UK, Canada, Japan, Italy, and Australia.GCash is a Philippine mobile payments service owned by Globe Fintech Innovations, Inc., and operated by its wholly-owned subsidiary, G-Xchange, Inc.support@gcash.com

Credit card / Loan

GCash users can now opt for a hassle-free, cashless payment method on their next Euro trip as the Philippines’ leading mobile wallet is now accepted in Europe’s top travel destinations, including the United Kingdom, France, Germany, and Italy.

GCash users can now go cashless on their next Euro trip thanks to Alipay+ partnership

The campaign with the aim to educate millions of smartphone and online users against phishing scams had kicked off on 29 May 2023 at Shangri La The Fort in Taguig City.

The industry-led multi stakeholder national consumer cybersecurity campaign is being led by the Fintech Alliance in partnership with the Bangko Sentral ng Pilipinas (BSP), National Bureau of Investigation, Philippine National Police, Anti-Money Laundering Council, Securities and Exchange Commission, Insurance Commission, National Privacy Commission, National Telecommunications Commission, Department of Trade and Industry, telecommunications companies, consumer groups, and media groups.

The campaign was launched in response to the emergence of risks and threats to users’ safety and to ensure the sustained consumer trust on digital payments platforms.

“I am proud to see everyone working hard to make the Nationwide Consumer Cybersecurity Education Campaign an effective and invaluable tool in helping accelerate the Philippines’ Digital Economy.

You can count on BSP to be a staunch supporter of our project. We will continue to work hand in hand with all of our stakeholders and ensure the far-reaching impact of this campaign,”

“With all industry players, government, media and the Filipino consumers working together, we’re ready to unlock the power of cybersecurity with consumer education!

We enjoin all Fintech Alliance member companies to have our campaign in all your social media platforms and use the hashtag #WagMagpalokoMagingScamAlerto,”

said Lito Villanueva, Founding Chairman of the&nbsp;Fintech Alliance.PH&nbsp;and Executive Vice President and Chief Innovation and Inclusion Officer at RCBC.

FinTech Alliance.PH also kicked off the first cohort of the Cambridge Fintech Regulatory and Innovations (FTRI) Programme.

It is by the Judge Business School of the University of Cambridge in Southeast Asia in partnership with the Mapua University in the Philippines.

The programme targets the development and training of regulators, legislators, policy makers, and practitioners and professionals in banking, fintech and digital industries.

<h1>Fintech Alliance.PH Kicks off National Cybersecurity Education Campaign</h1>Fintech Alliance.PH, the country’s largest association of fintech and digital players, had launched a multistakeholder national cybersecurity awareness and education campaign.The campaign with the aim to educate millions of smartphone and online users against phishing scams had kicked off on 29 May 2023 at Shangri La The Fort in Taguig City.The industry-led multi stakeholder national consumer cybersecurity campaign is being led by the Fintech Alliance in partnership with the Bangko Sentral ng Pilipinas (BSP), National Bureau of Investigation, Philippine National Police, Anti-Money Laundering Council, Securities and Exchange Commission, Insurance Commission, National Privacy Commission, National Telecommunications Commission, Department of Trade and Industry, telecommunications companies, consumer groups, and media groups.The campaign was launched in response to the emergence of risks and threats to users’ safety and to ensure the sustained consumer trust on digital payments platforms.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/78435b15baeecf077630dd8efc68f7a678e1c920954f68a2333b941e7c399779/Felipe-M.-Medalla-150x150.png" alt="Felipe M. Medalla"/>“I am proud to see everyone working hard to make the Nationwide Consumer Cybersecurity Education Campaign an effective and invaluable tool in helping accelerate the Philippines’ Digital Economy.You can count on BSP to be a staunch supporter of our project. We will continue to work hand in hand with all of our stakeholders and ensure the far-reaching impact of this campaign,”said BSP Governor Felipe Medalla.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/dac35ecb3f2bdee1e3521ab3d306af25ef6fcb5dcf0eee0fa0fb134d7225a00b/Lito-Villanueva_RCBC-2020-150x150.jpeg" alt="Lito Villanueva"/>“With all industry players, government, media and the Filipino consumers working together, we’re ready to unlock the power of cybersecurity with consumer education!We enjoin all Fintech Alliance member companies to have our campaign in all your social media platforms and use the hashtag #WagMagpalokoMagingScamAlerto,”said Lito Villanueva, Founding Chairman of the&nbsp;Fintech Alliance.PH&nbsp;and Executive Vice President and Chief Innovation and Inclusion Officer at RCBC.FinTech Alliance.PH also kicked off the first cohort of the Cambridge Fintech Regulatory and Innovations (FTRI) Programme.It is by the Judge Business School of the University of Cambridge in Southeast Asia in partnership with the Mapua University in the Philippines.The programme targets the development and training of regulators, legislators, policy makers, and practitioners and professionals in banking, fintech and digital industries.FinTech Alliance.ph is the Philippines’ leading and largest digital trade organization comprised of startups and unicorns collectively generating over 90% of digital-initiated transactions volume in the country today.
In organizing ourselves, we are nurturing our collective strengths and realizing its great potential in contributing to the country’s economic and social development.
Together, we believe in the enormous opportunity through continuous engagement in building and expanding a sustainable digital finance ecosystem. Ultimately, it must redound to the benefit of every Filipino, especially those in the bottom of the pyramid.
With initiatives encompassing other key sectors such as agriculture, transportation, water, health, education, and renewable energy, among others.secretariat@fintechalliance.ph

Securities / FX / Investment Trusts

Coaching / Mentoring / Consultation

Security

Fintech Alliance.PH, the country’s largest association of fintech and digital players, had launched a multistakeholder national cybersecurity awareness and education campaign.