Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?
Source: AdobeStock / Yury Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize , to launch a pilot program for crypto custody and trading services for select retail customers. The pilot will include bitcoin (BTC) and ethereum (ETH). According to a press release, UnionBank launching this pilot program is “a major step forward in the bank&rsquo ;s exploration of blockchain technology,” which follows its previous digital asset initiatives, including the launch of its stablecoin for remittance payments and entering the metaverse economy . Henry Aguda, Chief Technology & Operations Officer and Chief Transformation Officer at UnionBank, was quoted as saying that, “We are proud to continue UnionBank’s series of industry firsts, this time being the first regulated bank in the country allowing digital currency exc...