Philippines’ Union Bank Gets Permit to Offer Crypto Trading

Union Bank of the Philippines says it got a license from the Bangko Sentral ng Pilipinas to operate as a virtual asset service provider, enabling it to let its customers buy and sell Bitcoin through its app.

• UnionBank’s online app provides a platform for trading cryptocurrencies as well as allow customers to manage traditional banking and digital assets in a single mobile platform, lender says in a statement
• “The financial landscape is evolving at an unprecedented pace, and we want to be at the forefront,” Cathy Casas, head of emerging technology group at UnionBank says in the statement Wednesday ...