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BSP Imposes ₱1B Capital Requirement on Local Banks Operating Digital Models

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas has required thrift, rural and cooperative banks operating digital banking models to meet a ₱1 billion minimum capital floor and adhere to stricter risk management rules. Under Circular No. 1240,…

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Bitcoin Pulls In $706M as Traders Abandon Short Positions in Massive Sentiment Shift

While Bitcoin dominated headlines, Solana and XRP investment products also recorded sharp increases in activity. Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April 24. CoinShares stated that the increase is likely tied to improving sentiment around the CLARITY…

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RCBC Wins Two Digital Banking Recognition Titles at The Asian Banker Philippine Awards 2026

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Rizal Commercial Banking Corporation secured two major accolades at The Asian Banker Philippine Awards 2026 for its digital financial products catering to Social Security System members and remote workers. The Philippine lender received the award…

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Hyperliquid confirms Singapore base as MAS says it falls outside its remit

Hyperliquid Labs has confirmed its registered headquarters in Singapore, where its roughly 11-person team moved in 2024, while the country’s regulator has said it is unaware of the platform being regulated in any major jurisdiction. Summary Hyperliquid Labs has confirmed Singapore as its registered headquarters and acknowledged its unregulated status. People familiar with MAS’s thinking…

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