Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. International online trading platform Interactive Brokers (IBKR) has officially suspended stablecoin deposit services for clients residing in the Philippines. The decision, communicated via direct email notifications to Philippine account holders, comes amid strict local regulatory enforcement regarding unlicensed virtual asset operations. Immediate Discontinuation of Crypto Deposit Gateway Stablecoin Deposit no longer available in IBKR Philippinesby u/nomar_ramon in phinvest According to official account notices received by local users and shared on the r/phinvest community, IBKR announced that it is unable to …
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Balance Coin (BLC), an algorithmic stablecoin designed to track the U.S. dollar, lost more than 99% of its value after blockchain security firms reported a …
