Headlines

BPI to Waive InstaPay, PESONet Fees Permanently

Bank of the Philippine Islands (BPI) will permanently eliminate transaction fees for digital fund transfers through InstaPay and PESONet starting July 1. The decision follows the Bangko Sentral ng Pilipinas’ (BSP) lifting of its cap on electronic payment pricing, BPI President Jose Teodoro K. Limcaoco confirmed on June 29. The waiver will apply across BPI’s…

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Regulators and Courts Move on Crypto in Brazil and Paraguay as Disaster Relief Hits Venezuela

Key Takeaways Brazil proposed a 24-hour stablecoin hold, disrupting B2B payment speeds as VASPs deploy risk checks. Paraguay convicted two bitcoin miners, creating new legal precedents as it boosts controls. Binance pledged $3M in aid to Venezuelans using USDT vouchers after two devastating earthquakes. Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions The…

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Binance Founder CZ Says He’s Bullish on the Philippines After Meeting Regulators

Binance founder Changpeng Zhao confirmed a recent visit to the Philippines to hold regulatory and governance discussions with domestic finance officials, securities regulators, and local fintech firm BlockShoals Technologies Inc. In a social media post on Sunday, Zhao disclosed that his meetings included discussions with Department of Finance Secretary Frederick Go and Securities and Exchange…

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