The Bangko Sentral ng Pilipinas (BSP) has introduced stricter rules for licensed Virtual Asset Service Providers (VASPs), requiring stronger due diligence before listing any digital asset. The new regulations ban privacy coins that enhance anonymity and mandate continuous monitoring of listed tokens for risks like liquidity issues, scams, or security breaches. These measures aim to protect consumers and maintain financial stability. Additionally, crypto firms must comply with overlapping rules from the Philippine SEC, which oversees securities-related crypto activities and enforces registration and reporting standards. This regulatory tightening reflects growing government efforts to secure the crypto market and protect investors in the Philippines.
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
