Union Bank of the Philippines Launching Cryptocurrency ATM Union Bank of the Philippines (Unionbank), one of the largest banks in the country with over 300 branches, is reportedly launching a cryptocurrency

Diese ist 1:1 an die landeseigene Währung, den Peso, gekoppelt und trägt den Namen PHX. 20 PHX haben hierbei den Wert von einem Peso. Die Quelle geht auf die nationale Zeitung Philippine Star vom 26. Juli

If you think that it was a bank that introduced the Bitcoin transaction in a pseudonym. It seems that according to the rules of institutions offering virtual currency ATM, other things should be registered

Union bank of the Philippines started to implement Blockchain technology on banks internal processes to lower operational costs. “In operations, we already launched several internal blockchain applications”

I love this development, that the head of my bank is a believer of cryptocurrencies. In fact they mined cryptos (possibly bitcoin) earned five dollars in five days with one miner but have to pay $4.5 in