News

Robredo: Peso depreciation 'alarming,' seeks economic managers' explanation

ABS-CBN News
Posted at Jun 14 07:50 PM

Vice President Leni Robredo on Thursday called on the government's economic managers to explain the "alarming" rate of peso depreciation. Read more »

Peso touches 53 vs $1 ahead of Fed, ECB meetings

ABS-CBN News
Posted at Jun 13 09:51 AM

The peso was trading at 53.079 shortly after trading resumed from the Independence Day holiday on Tuesday, Bloomberg data showed. Read more »

ALAMIN: Ano ang proseso sa pagdisenyo ng pera?

ABS-CBN News
Posted at Jun 13 02:35 AM

Ano nga ba ang proseso ng pagdidisenyo at pagpili ng bayaning ilalagay sa ating pera? Read more »

ALAMIN: Proseso sa pagpili ng mga bayani na itatampok sa pera

Michelle Ong, ABS-CBN News
Posted at Jun 12 06:19 PM

Ibinunyag ng Bangko Sentral ng Pilipinas na mahabang proseso ang pinagdadaanan sa pagpili at pagdidisenyo ng mga pera. Read more »

Heroes on money: A representation of PH history

ABS-CBN News
Posted at Jun 12 01:44 PM

Heroes grace our money. Read more »

Peso nears 53 vs $1, economic managers not worried

ABS-CBN News
Updated as of Jun 11 09:22 PM

The peso hovered near the P53 to the dollar level, holding at its lowest level in 12 years, but economic managers said they were not worried. Read more »

Halaga ng piso vs dolyar, pinakamababa sa 12 taon; OFWs, exporters, natuwa

ABS-CBN News
Posted at May 25 09:25 PM

Paliwanag ni BSP Deputy Governor Diwa Guinigundo, hindi naman sa "humihina" ang piso kung hindi lumalakas lamang talaga ang dolyar. Read more »

Xurpas unit plans $100-million digital token sale

ABS-CBN News
Posted at May 16 03:17 PM

Technology firm Xurpas said Wednesday it planned to sell $100 million in digital tokens to fund fund the first of 7 projects that leverage blockchain technology. Read more »

Philippines still a 'cash-based' society: Espenilla

ABS-CBN News
Posted at May 03 09:00 PM

Cash is still king in the Philippines, says BSP chief Nestor Espenilla.  Read more »

Regulation and apathy hit bitcoin market

Joseph Sotinel and Kevin Trublet, Agence France-Presse
Posted at Mar 30 01:14 PM

Wild fluctuations within the bitcoin market have once again sparked debate between investors who believe it is merely undergoing a "correction" and those who see it as a costly fad. Read more »

ALAMIN: Bagong disenyo ng mga barya

ABS-CBN News
Posted at Mar 27 01:14 AM

Maglalabas ang Bangko Sentral ng mga bagong barya o New Generation Currency coins. Read more »

Crypto assets don't pose immediate risk, says world body

Agence France-Presse
Posted at Mar 19 07:18 AM

Virtual currencies and so-called crypto assets do not, yet, pose a systemic risk, the body which makes recommendations about the financial system said in a study released Sunday. Read more »

Peso languishes near 12-year lows after BSP cuts reserve requirement

Michelle Ong, ABS-CBN News
Updated as of Feb 19 04:32 PM

The peso languished near its lowest levels in 12 years against the dollar after the Bangko Sentral ng Pilipinas' surprise cut of the reserve ratio requirement for banks. Read more »

Senate asks BSP to submit report on 'faceless bills'

Michelle Ong, ABS-CBN News
Posted at Feb 12 07:08 PM

Senate Committee on Banks, Financial Institutions and Currencies Chairman Chiz Escudero on Monday asked the Bangko Sentral to submit a complete report on the "faceless bills" incident last December. Read more »

Bitcoin slides below $6,000; half its value lost in 2018

Reuters
Posted at Feb 06 08:15 PM

Bitcoin slid another 13 percent to below $6,000 on Tuesday, bringing the world's best-known cryptocurrency's losses to more than half since the start of 2018. Read more »

China looks to stamp out cryptocurrency trading

Agence France Presse
Posted at Feb 05 05:54 PM

China plans to stamp out all remaining cryptocurrency trading in the country by blocking access to overseas-based websites and removing related applications from app stores. Read more »

Bitcoin slides further, headed for worst week since 2013

Reuters
Updated as of Feb 02 06:32 PM

Bitcoin fell 9 percent on Friday, leaving the best-known cryptocurrency down more than 30 percent this week and headed for its worst weekly performance since April 2013. Read more »

Virtual currency firm faces probe over alleged misrepresentation

ABS-CBN News
Posted at Feb 02 12:32 AM

The Department of Justice (DOJ) has ordered an investigation into virtual currency firm Digital Currency Co. Ltd. (DCC) after it allegedly used Senate President Aquilino "Koko" Pimentel III's name to attract clients. Read more »

Facebook bans ads for cryptocurrencies

Agence France Presse
Updated as of Jan 31 08:53 PM

Facebook says it is banning all ads related to cryptocurrencies in an effort to fight scams. Read more »

Fears of global crackdown fail to dampen cryptocurrency interest

Gertrude Chavez-Dreyfuss, Reuters
Updated as of Jan 19 08:32 AM

Investors and executives are unfazed by government moves to further regulate cryptocurrencies, which have sent prices into a tailspin. Read more »