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Why Axie Infinity Caught Fire in the Philippines

This episode is sponsored by Quantstamp and Nexo.io.Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Maoi Arroyo, serial entrepreneur and founder of Ignite Impact Fund, the first fund focused on eradicating income and access poverty in the Philippines, and Leah Callon-Butler, director of Emfarsis and screenwriter of the recent “Play to Earn” documentary.

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Philippines Trials Blockchain Voting; Byron Bay To Host Crypto Mining

Transcript Our newsroom always has its eye on how Blockchain technology can change the world, and today the focus is on voting. Welcome to The Daily Forkast October 26, 2021. I'm Angie Lau, Editor-in-Chief of Forkast.News covering all things blockchain. Well, the Philippines has a huge overseas population, many of whom struggle to

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Philippines Regulator Instructs Axie Infinity Players to Pay Taxes on Income Made from In-Game Assets

The Philippines financial regulator has not taken kindly to people making money off of blockbuster blockchain-based game Axie Infinity. Income Made via Axie Infinity is Taxable The Department of Finance (DOF) of the Philippines has warned the players of the popular blockchain-based game Axie Infinity that they must pay taxes on the

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Ripple Launches On-Demand Liquidity Corridor between Philippines and Japan

The availability of the Ripple ODL option in Japan means customers of RippleNet can leverage the digital asset XRP to eliminate pre-funding and reduce operational costs.In a move to accelerate and grow cross-border payments, Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, has announced the

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Japan to test Ripple’s ODL service for money transfers to the Philippines

Showcasing the use of cryptocurrency in monetary transfers, Ripple has become a known partner for traditional institutions that wish to revamp their cross-border remittance services. Taking this vision further, Ripple announced a new partnership with Japan’s SBI Remit to transform remittance payments from Japan to the Philippines.Ripple’s latest partnership will

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Axie Infinity player buys two houses in the Philippines from in-game profits

An Axie Infinity player from the Philippines bought two houses with his earnings from the popular crypto-powered play-to-earn game. Earlier this month, 22-year-old John Aaron Ramos, who plays under the pseudonym “Magnus TV,” took to social media to announce that he had purchased two houses in the Philippines from profits

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