The Philippine Securities and Exchange Commission (SEC) has issued a wave of public advisories against prominent decentralized cryptocurrency exchange dYdX, alongside four other decentralized trading platforms, warning the public that they are not authorized to solicit investments in the country. In a series of advisories, the Commission stated that these platforms allow Filipino investors to…
Key Takeaways: Three NZ High Court proceedings filed against bet365, Super Group, and Skycity. Skycity class-action claim covers February 2020- 2026 player losses. Bet365 formally objects to New Zealand court jurisdiction in the case. Plaintiffs pursue restitution claims against operators now seeking NZ licenses The cases are being pursued as a coordinated group action, but…
The Department of Information and Communications Technology (DICT) has expressed dissatisfaction with Meta’s proposed measures to combat online disinformation, warning that the Philippine government may pursue stronger regulatory enforcement if the tech giant fails to provide faster, measurable outcomes. Key Details In a public statement issued on April 20, 2026, the DICT acknowledged receiving a…
Key Takeaways: SpaceX announced a joint AI coding deal with Cursor AI on April 21, 2026, securing a $60 billion acquisition option. Cursor AI surpassed $1 billion in ARR and serves 67% of Fortune 500 companies, giving SpaceX instant access to elite developer distribution. SpaceX’s Colossus supercomputer, targeting 1 million H100-equivalent GPUs, will train models…
Binance spokesperson replied to a BitPinas inquiry. Global cryptocurrency exchange Binance recently posted, and subsequently removed, job openings for Manila-based roles on the professional networking platform LinkedIn. While the job postings were previously visible on both the official Binance careers website and LinkedIn, they are no longer accessible on either platform as of this writing….
Key Takeaways: Binance Research said stablecoins processed $33T, exceeding Visa in raw transfer volume. Fireblocks data shows banks accelerating stablecoin use across FX, custody, and payments. Richard Teng said stablecoins cut costs and delays in cross-border payments. Binance Research Shows Stablecoins Surpass Visa in Raw Volume Stablecoins are strengthening their role in global payments as…
The Arbitrum Security Council has utilized its emergency powers to freeze and relocate 30,766 ETH, valued at over $70 million, tied to the April 18 KelpDAO exploit. The intervention targeted funds that cybersecurity analysts and law enforcement have attributed to North Korea’s state-sponsored Lazarus Group. The Security Council Intervention On April 21, 2026, the Arbitrum…
Key Takeaways: Brad Garlinghouse linked changing SEC policy to improving sentiment in U.S. crypto markets. Paul Atkins pointed to clearer rules, lighter compliance burdens, and support for blockchain finance. Ripple’s CEO said a more predictable regulatory framework could strengthen innovation and long-term growth. Crypto Sentiment Improves as SEC Shifts Direction Ripple CEO Brad Garlinghouse linked…
Locally licensed Coins.ph has launched a new feature allowing its users to settle daily transactions using stablecoins through the national QRPh standard. Announced on this week, the QRPh Stablecoin Payment functionality enables users to pay at nearly 700,000 partner merchants nationwide using Philippine Pesos (PHP), supported stablecoins, or a combination of both in a single…
Key Takeaways: Carmine Agnello, grandson of Gambino boss John Gotti, received a 15-month federal prison sentence on April 20, 2026. Agnello diverted roughly $420,000 of $1.1 million in fraudulent SBA EIDL funds into a cryptocurrency business. U.S. Attorney Joseph Nocella Jr. signaled the Eastern District of New York will continue prosecuting COVID-19 relief fraud cases….
