Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App

  1. It’s compliant under the VASP framework, which is actually fairly flexible and well targeted to digital asset custody.

  2. tldr; The Union Bank of the Philippines is working to become the first universal bank in the country to facilitate cryptocurrency exchange within its mobile app. Users will be able to buy and sell cryptocurrencies such as bitcoin directly from the banking app, the lender said. Unionbank has already established itself as a crypto-friendly institution.

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