Crypto Enthusiasm Prompts Philippine Bank to Launch Trading

The average Filipino investor will likely hold 3% to 5% of their personal assets in digital assets like Bitcoin in five years assuming markets are “stable,” up from around 1% to 2% now, said Cathy Casas, head of the bank’s blockchain and application programing interface group. Many crypto investors are young people, some of whom earn tokens from play-to-earn virtual games, she said.