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Coins.ph receives approval to issue peso-backed stablecoin “PHPC”

Philippine-based cryptocurrency platform Coins.ph has received regulatory approval to issue PHPC, a peso-backed stablecoin. In a press briefing, chief executive officer Wei Zhou said the Bangko Sentral ng Pilipinas granted the company a sandbox-approval to issue and list PHPC by early June for a public-test period, which is expected to go on for two to […]