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Explained: The Major Banking Categories in the Philippines and Why They Matter

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Not all banks in the Philippines play by the same rules. The Bangko Sentral ng Pilipinas (BSP) doesn’t believe in a one-size-fits-all approach. Instead, it issues distinct types of banking licenses, carefully calibrating each to…

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AFX Trade Bridge Exploit Drains $24.15M USDC on Arbitrum

AFX Trade has paused its Arbitrum-operated USDC custody bridge after approximately $24.15 million in USDC was drained on July 22, 2026, according to a Blockaid alert. The incident was detected at 21:30 UTC, targeting AFX’s bridge infrastructure rather than Arbitrum’s native bridge. The exact root cause remains under investigation by the project, while security firms…

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Bitcoin ETFs Edge Closer in Japan as Regulators Tighten Crypto Oversight

Japan’s crypto market could welcome its first Bitcoin ETF in 2028 if regulators complete planned reforms and approve investment products. Japan is moving closer to allowing Bitcoin exchange-traded funds (ETFs). The country’s first product could potentially arrive in 2028 if planned regulatory changes move forward, according to the latest Nikkei report. The development comes…

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