Headlines

COMELEC Excludes Blockchain From Proposed 2028 Election Budget

The Commission on Elections (COMELEC) has removed blockchain technology components and voter verification systems from its proposed budget for the 2028 general elections, cutting its initial ₱25-billion proposal by approximately ₱6 billion. COMELEC Chairman George Garcia announced yesterday that the decision followed recommendations from the Department of Budget and Management (DBM) to reduce the poll…

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Stablecoin depeg fears push New York and EU regulators closer

New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation over digital assets. Summary NYDFS and the European Banking Authority signed an agreement to share information on stablecoin supervision. The agreement covers market risks, consumer protection, and oversight of firms…

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