Author: PhilSTAR Tech Team

The editorial team of PhilSTAR Tech.

There was a time when “blockchain” meant two things: either someone was trying to talk you into tokenizing your company shares by launching an ICO (illegal, as of now), or they were about to gamble your quarterly runway in a decentralized slot machine. That time is over. Partly because people finally learned, but also mostly because the blockchain industry has matured and developed. These past years, crypto was all about buying a dog coin at 3AM then retiring in Bali the next weekend. Now the memes are weaker. The conferences smell like suits. All the media talks about is regulation.…

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OFFICIAL STATEMENTRe: Clarification on Manny Pay Licensing Status Manny Pay acknowledges the clarification made by the Bangko Sentral ng Pilipinas (BSP) regarding our current licensing status. We would like to clarify that the license application of Manny Pay is still pending. At present, Manny Pay is in active coordination with the BSP and, in compliance with its rules and regulations, Manny Pay is still under the process of completing its application for a license as Operator of Payment System (OPS). We thank the BSP for its guidance and reiterate our full commitment to comply with all existing laws, rules, and…

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