UNIONBANK LAUNCHES THE FIRST CRYPTO ATM in the PHILIPPINES!! - page 4.

bL4nkcode

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Limited in number. Limitless in potential.

Quote from: mrfaith01 on February 08, 2019, 04:00:43 PM

napakagandang malaman na meron ng banko na timatangkilik sa crypto currency, magandang balita yan para sa mga trader natin at tingin ko na mabuti ang magiging feedback nito sa btc sana tuloy tuloy lng pagtanggap sa digital currency

Union bank is the first bank dito sa bansa na nagka interes in blockhain tech for finance related-services wayback 2017 or 2018 kung di ako nag kakamali. At di nag kakalayo na gawing option to accept bitcoin/crypto in the future dyan sa bank na yan. Now is their great news and huge achievement for sure.

Hope this will help to enlighten yung mga kababayan natin na yung impression pag dating in bitcoin is negativity.

Adreman23

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Ok rin ang balitang eto pero sana ay hindi gaanong malaki ang kaltas kapag bibili ka or magbebenta ng bitcoin sa ATM na yan. Dahil meron bitcoin wallet dito sa pinas na bumili ako ng 7k php na bitcoin kinaltas ay mahigit 500 php agad na halaga ng bitcoin.

letecia012

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Ang hakbang na ito ng union bank ay nagpapakita lamang na ang banking sector ay seryoso rin sa blockchain technology at gusto nila maging pioneer in terms of crypto atm sa pilipinas. This is a positive news in crypto market as a whole.

PJAlina

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Quote from: NavI_027 on February 09, 2019, 01:08:33 AM

Quote from: PJAlina on February 08, 2019, 11:37:16 PM

Mga kabayan, nabalitaan niyo ba ung sa canada, clients ng QuadrigaCX(canada’s largest cryptocurrency exchange) are panicking over $250 million dollars in frozen assets after the death of the company’s CEO, Gerald Cotten. Lahat ng accounts nila nafrozen. Malaki daw chance na hindi na mabawi and money nila. Sabi nung iba baka daw exit scam un. Try niyo isearch si gerald cotten. He is just 30 years old. Hopefully unionbank will be good in this kind of industry.

You post caught my attention so I decided to make a small research for this issue.

I found out that Cotten died in India and there's a death certificate issued by Indian government so there is no chance that it is an exit scam because they have a clear and strong evidence. Hmm, I guess the reason regarding the frozen asstes which which came up to this controversy is this,

Quote

Then came last week’s revelation that QuadrigaCX owes more than $100 million worth of cryptocurrency to its customers but is unable to repay because Cotten had sole control of the private keys connected to those funds. Robertson said in court filings that while she is in possession of Cotten’s laptop, it is encrypted and is currently inaccessible.

How unfortunate for QuadrigaCX customers Sad

.

Thanks sir for the info. But its kinda sketch, how come only cotten can control of the “private keys”?Wala ba siyang kahit isang kasama sa company niya na nasabihann man lang para if ever may mangyari sakanya kahit papano may nakakaalam.. very sad for quadrigaCX customers.

NavI_027

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Quote from: PJAlina on February 08, 2019, 11:37:16 PM

Mga kabayan, nabalitaan niyo ba ung sa canada, clients ng QuadrigaCX(canada’s largest cryptocurrency exchange) are panicking over $250 million dollars in frozen assets after the death of the company’s CEO, Gerald Cotten. Lahat ng accounts nila nafrozen. Malaki daw chance na hindi na mabawi and money nila. Sabi nung iba baka daw exit scam un. Try niyo isearch si gerald cotten. He is just 30 years old. Hopefully unionbank will be good in this kind of industry.

You post caught my attention so I decided to make a small research for this issue.

I found out that Cotten died in India and there's a death certificate issued by Indian government so there is no chance that it is an exit scam because they have a clear and strong evidence. Hmm, I guess the reason regarding the frozen asstes which which came up to this controversy is this,

Quote

Then came last week’s revelation that QuadrigaCX owes more than $100 million worth of cryptocurrency to its customers but is unable to repay because Cotten had sole control of the private keys connected to those funds. Robertson said in court filings that while she is in possession of Cotten’s laptop, it is encrypted and is currently inaccessible.

How unfortunate for QuadrigaCX customers Sad

.

PJAlina

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Mga kabayan, nabalitaan niyo ba ung sa canada, clients ng QuadrigaCX(canada’s largest cryptocurrency exchange) are panicking over $250 million dollars in frozen assets after the death of the company’s CEO, Gerald Cotten. Lahat ng accounts nila nafrozen. Malaki daw chance na hindi na mabawi and money nila. Sabi nung iba baka daw exit scam un. Try niyo isearch si gerald cotten. He is just 30 years old. Hopefully unionbank will be good in this kind of industry.

mrfaith01

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napakagandang malaman na meron ng banko na timatangkilik sa crypto currency, magandang balita yan para sa mga trader natin at tingin ko na mabuti ang magiging feedback nito sa btc sana tuloy tuloy lng pagtanggap sa digital currency

Muzika

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Quote from: Jo_chiqui on February 08, 2019, 03:58:34 AM

Sobrang saya! Finally isang bank institute na hindi i co condemn ang crypto. 2017 dami news tungkol kay BDO na nag papa close ng account pag nalaman na sa crypto trading or anything that has something to do with crypto kinoclose ang account. There are several cases posted in facebook cryto groups, ngaun at least meron nang isa at panigurado may mga susunod na jan. Maswerte tayo na crypto friendly ang bansa natin

Magbunyi mga kabayan!

from the beginning naman talaga ang BDO ang tutol sa ganitong industry although aware sila pero di pa din nila ito sinusuportahan, and union bank naman although di pa sila full support pero wala silang ginagawa na pagpigil sa crypto transactions, isa din sila sa naging medium ng cash in ng crypto. Sana lang sundan pa ito ng madaming malalaking banko, at the same the suportahan na din ng BSP ang ganitong industriya.

DonFacundo

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Magandang balita ito para sa atin, salamat na may isang bangko sumusuporta sa cryptocurrency, I'm sure na maraming pinoy interesado sa crypto.

Jo_chiqui

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Sobrang saya! Finally isang bank institute na hindi i co condemn ang crypto. 2017 dami news tungkol kay BDO na nag papa close ng account pag nalaman na sa crypto trading or anything that has something to do with crypto kinoclose ang account. There are several cases posted in facebook cryto groups, ngaun at least meron nang isa at panigurado may mga susunod na jan. Maswerte tayo na crypto friendly ang bansa natin

Magbunyi mga kabayan!

PJAlina

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Its really happening, partnership with coins.ph. This is a good thing and bad thing. More scammers will be in this field. And im glad one of the famous bank in the philippines recognized bitcoin cryptocurrency. Kasi sa BDO if natrace nila na related ung account mo sa bitcoin, there’s a possibility na i-close ang account mo.

mcnocon2

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Napakagandang balita nito para sa mga crypto enthusiasts sa ating bansa, sana lang ay ipakalat nila ito sa iba't ibang lugar sa Pilipinas para lalong macurious yung mga tao kung ano ba ang cryptocurrency. Pagtagal-tagal nito makikita na din natin ito bilang advertisements o commercials sa Television.

meldrio1

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Wow isa sa mga malaking bangko interesado na sa cryptocurrency yan ang gusto kong marining na magandang balita, may ipapalit na ang ATM security bank.

BlackMambaPH

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Quote from: Darklinkz on February 08, 2019, 12:57:59 AM

Mabuti naman! Ngayon, wala ng agam-agam ang mga trader natin mag-withdraw ng malaking halaga pag sa UnionBank nila ito idinaan. Ang sarap lang sa pakiramdam na unti-unting pumapabor sa ating ang ibang banko hindi katulad ng ibang sikat na bank diyan na inaakala galing sa hindi sa legal yung pera pag narining nila na bitcoin or crypto.

Hindi ko sinasabing parang Security Bank at BDO to pero parang ganun na nga. *Insert memes picture. Haha Well hindi natin sila masisi kasi karaniwang ganun nagagamit ang Cryptocurrency kaya yung iba naging negative na sa kanila. Kung wala lang sanang nagtetake advantage happy tayong lahat.

Darklinkz

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Mabuti naman! Ngayon, wala ng agam-agam ang mga trader natin mag-withdraw ng malaking halaga pag sa UnionBank nila ito idinaan. Ang sarap lang sa pakiramdam na unti-unting pumapabor sa ating ang ibang banko hindi katulad ng ibang sikat na bank diyan na inaakala galing sa hindi sa legal yung pera pag narining nila na bitcoin or crypto.

ePesoInitiative

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Wow! Unionbank... That's a big deal alright. I'm glad Filipino tech businesses see the value of cryptocurrencies. I think the only hindrance here is the minimum know how. Most people don't understand what they are using.

crwth

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I know there must be a reason why the cash-in in coins.ph is 100% rebate or something. Maybe it's because UnionBank is supporting cryptocurrency! It's just nice to see and I don't know their angle if they are going to profit from it or not but it's definitely great for consumers.

Quote from: BlackMambaPH on February 07, 2019, 01:57:35 AM

Naalala ko yung UNION Bank invited or umattend yung representative nila sa Binance meetup last December 2018 dito sa Manila. Nalaman ko yung nung nag upload yung Binance clip sa YouTube channel ng Binance. Also, this might be their preparation just in case bitcoin price will recover.

Ito yung video na makikita mo na nandito yung representative UNION Bank: https://www.youtube.com/watch?v=suNk3rHzeio

Nice quick video to watch and knowing that one of the vice presidents (searched for him on Google). He is a believer and it's nice to see support from them. Great job!

Lassie

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Sabi ko na nga ba na kung papasok na din ang mga bank sa mundo ng crypto isa sa mga mauuna ang union bank at eto na nga. Good news para sa lahat to pero sana ang rate nila ay very competitive at hindi katulad sa iba na napakataas ng fees

NavI_027

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Is this happened recently? If its a yes then then how about the btc ATM in Makati? (Here is the source). For this reason, I highly doubt that the ATM launched by Unionbank is the first in the country. Nonetheless, it was a good news for all Filipino crypto enthusiasts like me because we're one step closer to mass adoption once again

. I hope there'll be more btc atms to come and I hope good news like this one continue to surprise us this year 2019.

sheenshane

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That is good news to our fellow Filipino crypto enthusiast, I think if that Union bank will success to adopt cryptocurrency and use the blockchain technology system, that can facilitate cross border transactions using as a payment base that run on the blockchain technology. Union Bank is one of the largest banks in the Philippines.

Probably their competitive banks also will follow the steps of what Union banks did. So, I guess it is the start of Bitcoin to have mass adoption here in our country and having ATM of cryptocurrency will probably help the problem now on the crypto market.

Topic: UNIONBANK LAUNCHES THE FIRST CRYPTO ATM in the PHILIPPINES!! - page 4. (Read 936 times)