PDAXScope: Bitcoin-backed securities get green light

(December 13) El Salvador makes way for crypto-backed securities as Bitcoin City soon rises. Check the latest news and updates in the crypto space today.

Crypto News

-> El Salvador to issue crypto-backed securities to build Bitcoin City 

-> Meet Polygon’s Celestia: A data solution for Layer-2 developers 

-> Was Bitcoin’s recent uptick momentary? Here’s what could happen next according to analyst 

-> XRP price sticks to gains: Ripple's remarkable resilience amid crypto storm

--> Solana’s Bonk nears USD 1B market cap

-> Ripple unveils new San Francisco HQ amid SEC lawsuit

-> Dogecoin retail buyers are outbidding DOGE sellers on the open market

-> USDC tops S&P Global’s stablecoin stability chart while Tether faces scrutiny

Finance Today

-> Developing Asia to end 2023 on brighter note, says ADB

-> Asian stocks mixed ahead of Fed decision; oil prices slump

-> Stock market news today: Dow, S&P close at highest level since Jan. '22 as stocks rally ahead of Fed

-> Foreign investments vital to hitting PH export goals

NFT Updates

-> Donald Trump launches new NFT collection amid indictment and re-election campaign

-> Nifty News: Funko’s Disney NFTs, Sotheby’s auction Bitcoin Ordinals project, and more

-> South Korea exempts NFTs and CBDCs from cryptocurrency interest mandate

-> ScarletBox to Launch Fête de la Musique’s First-Ever NFT Collection

DISCLAIMER: PDAX would like to reaffirm that the statements in this article do not constitute financial advice. PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems.  Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis.  

External links are provided for convenience and for informational purposes. They are not statements of PDAX and PDAX bears no responsibility for the accuracy, legality or content of said links.

For inquiries or complaints, please contact us through the following channels: Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature); ‘Customer Support’ webpage at https://support.pdax.ph; Email: support@pdax.ph. Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

The Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels: 

Email: consumeraffairs@bsp.gov.ph; 

Webchat: http://www.bsp.gov.ph (click webchat feature); 

Facebook: https://www.facebook.com/BangkoSentralngPilipinas; 

Direct Line: (02) 5306 2584 / (02) 8708 7087;

 Trunk Line: (02) 8708 7701 loc. 2584;  or 

SMS: 21582277 (for Globe subscribers only). 

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.