Philippines Crypto News

PDAX integrated Circle's USDC stablecoin on World Chain. The integration lets Philippine users send and receive stablecoins across the blockchain, interact with decentralized applications, and move funds across blockchain ecosystems.

GCash has launched affordable, embedded digital insurance through its G Life mini-app, which now includes over 855 merchants and a dedicated health insurance section.

Coins.ph launched a promotion offering tiered fee rebates up to 65% for users converting USDT to pesos via the TRON network, with bonuses for top depositors and new account holders.

Bangko Sentral ng Pilipinas issued a consumer advisory about quishing — a scam where fraudsters use manipulated QR codes to trick people into visiting fake websites, downloading harmful content, or sending cash to criminal accounts.

GCash's digital insurance platform GInsure embedded free coverage into everyday transactions like loans and mobile load purchases, reaching over 20 million customers by end of 2025. Three-quarters of its users come from socioeconomic classes D and E, traditionally underserved by insurance providers.

GCash has detected a surge in fraudulent SMS messages impersonating DSWD during Holy Week, with scammers using fake e-fuel vouchers to steal credentials from travelers expecting government subsidies.

PDAX users can now skip manual account entry by generating InstaPay QR codes through the app or web platform, enabling instant cash-ins directly from any InstaPay-enabled bank or e-wallet.

Coins CEO Wei Zhou is betting corporate treasuries will abandon the traditional two-day banking settlement cycle for stablecoin rails, launching a TradeDesk platform with 2 basis point spreads on major currency pairs.

Tookitaki, Nagbukas ng Opisina sa Makati Para Serbisyo ang GCash, Maya, at PayMongoNag-upgrade ang Tookitaki mula sa isang shared workspace patungo sa isang permanenteng opisina sa Ayala Triangle Tower One sa Makati upang palawakin ang kakayahan nito sa pagpigil ng fraud (panloloko) sa mabilis na lumalagong sektor ng digital payments sa Pilipinas.

Coins.ph CEO Wei Zhou said cryptocurrency has transitioned from speculation into essential infrastructure for borderless payments. The largest digital asset exchange in the Philippines reported a 20% surge in trading volume this year, powered entirely by stablecoin transactions.

The Bangko Sentral ng Pilipinas released updated guidance on March 30 that prohibits banks and financial institutions from transacting with unregistered crypto firms, blocking Filipino retail customers from accessing offshore exchanges without local BSP or SEC registration.

Coins.ph is paying 7% annual yield on WEMIX tokens held in user wallets through April 26. Users can earn rewards on up to 2,500 WEMIX with a minimum purchase of 50 tokens.

GCash rolled out international transfers to 16 countries including the US, Japan, and UAE. Recipients get funds in local currency without visiting a physical remittance center, with same-day crediting for most destinations and next-day transfers only to the United States.

GCash and CICC announced a major enforcement crackdown at a March 4 press conference, permanently blocking over 3,200 online merchants connected to illegal gambling operations exploiting QRPh payment rails through QR masking and phishing interfaces.

GCash is rolling out a four-pillar AI security strategy to combat fraudsters who now craft phishing messages in multiple Filipino languages and dialects. The platform's Chief Risk Officer flagged AI-generated phishing and smishing as the biggest threats at a recent Risk.net–AWS conference in Manila.

GCash's partnership with Cotabato City introduced Scan to Pay and Bills Pay features, allowing residents to pay city fees by scanning QR codes and settle bills remotely without queuing.