Payment card giant Visa sees a use case for a blockchain network in its strategy and talks of a "big opportunity" in central bank digital currencies (CBDCs), according to two executives at the company.
Bitcoin miners will need to register with the country's cryptocurrency office.
The world's largest payment processor has said it's considering partnership proposals from an increasing number of cryptocurrency companies.
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators.
The Philippine central bank sees digital tokens as a means to reduce the use of fiat money and improve the delivery of financial services in the country, even as the country is still studying its own digital currency.
The Facebook-initiated Libra Blockchain project continues to grow as its governing body adds a new major industry partner.