From a leaders roundtable report to Kumu’s partnership with Redacted Coin, here are some of the latest crypto headlines from the Philippines.
Today, we curated some of the top news from crypto and blockchain organizations in the Philippines from last week (March 17–23, 2025).
YGG “Perspectives in Play” Leaders Roundtable Report
Yield Guild Games (YGG) released its Perspectives in Play Leaders Roundtable Report for 2025, highlighting key trends in web3 gaming.
The report explores the role of key opinion leaders (KOLs) and user acquisition (UA), emphasizing authentic influencer partnerships, engaging gameplay, and sustainable community growth.
Access the full report here: YGG “Perspectives in Play” Leaders Roundtable Report
Fact Check: Marcos Jr. Deepfake Video About Blocking an Elon Musk Crypto Platform
A manipulated video, falsely presented as an ABS-CBN News Patrol broadcast, recently spread on Facebook, alleging that President Ferdinand Marcos Jr. blocked Elon Musk’s cryptocurrency platform in the Philippines.
Fact-checkers at PressOne.PH confirmed the video was fake, with footage taken from unrelated events. Deepfake technology, which uses AI to create realistic but false media, continues to pose challenges in distinguishing real from manipulated content.
NPC Deletes Advisory on Iris Scanning for Cryptocurrency
The National Privacy Commission (NPC) issued an advisory on Feb. 20, 2025, warning Filipinos about iris scanning for cryptocurrency, stating that it does not authorize or approve such data collection. However, the advisory and a related Facebook post have since been deleted, raising questions about the NPC’s stance.
BitPinas has reached out to the NPC for clarification but has yet to receive a response.
Prior to the deletion, the NPC emphasized that biometric data is sensitive under the Data Privacy Act and warned of risks like identity theft and fraud.
Pi Network Pi Day Event in Sucat
A community of Pi Network enthusiasts in Muntinlupa City gathered to celebrate Pi Day with a bartering event, where participants exchanged goods and services using a 50-50 split between fiat and Pi currency. The event also included a prayer rally, candle-lighting ceremony, and a discussion on Pi-to-peso valuations to guide merchants and attendees.
Additionally, the event featured the Global Value Consensus $314,159 Guidebook, which serves as a blueprint for promoting Pi adoption worldwide. Following the celebration, organizers held another bartering and merchant orientation in Cavite to further expand the GCV movement and encourage businesses to accept Pi.
GCash and Circle Partnership
GCash partnered with Circle to integrate USDC into its GCrypto wallets, allowing users to receive, store and transact with the stablecoin. This initiative aims to enhance financial inclusion in the Philippines by providing easy access to a secure and globally recognized digital dollar.
GCash Wealth Management Head Arjun Varma highlighted the importance of USDC in empowering users with financial stability, while Circle’s vice president for Asia Pacific, Yam Ki Chan, emphasized the role of digital financial tools in driving economic empowerment.
PDAX Lists USDG
PDAX listed USDG, a U.S. dollar-backed stablecoin issued by Paxos, expanding its platform to more than 50 tokens. USDG is designed to maintain a 1:1 peg to the dollar, ensuring minimal volatility and full redeemability.
Backed by firms like Robinhood, Kraken, and Galaxy Digital, USDG can be used for trading, DeFi applications, peer-to-peer transfers, remittances, and payments, offering users a stable and transparent digital asset.
Paytaca Payment Hub Beta Release
Paytaca has launched the beta release of its Payment Hub, allowing online merchants to accept Bitcoin Cash (BCH) payments directly without intermediaries. Early adopters can create invoices manually or programmatically, with WooCommerce and other e-commerce plugins coming soon.
The team welcomes feedback to refine the platform and enhance user experience, encouraging merchants to share their insights for further improvements.
Kumu Partners with Redacted
In an X post, KC Montero, the co-founder of Filipino live streaming community Kumu, announced the platform’s recent partnership with Redacted, a Web3 startup ecosystem. The collaboration aims to onboard Kumu’s users into crypto through seamless Web3 integration, enhancing creator engagement.
Redacted Group accelerates Web3 adoption via its RDAC token ecosystem. It has raised more than $10 million from investors like Polygon Ventures, Animoca Brands, and The Spartan Group, and has 1.3 million active users.
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This article is published on BitPinas: Crypto PH News Recap: Mar. 17 – 23, 2025
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