Crypto News 

Union Bank of Philippines to Open Two Crypto ATMs

“Union Bank of Philippines (Union Bank) is launching two cryptocurrency ATMs in the country, according to a report by local media outlet the Philippine Star” writes Arnab Shome for financemagnates.com. The bank has partnered with the Bangko Sentral ng Pilipinas (BSP), the central bank of the country, and will comply with all necessary regulatory needs.The Philippines has a mixed approach to cryptocurrencies as the country is maintaining a calculative approach towards the sector.Union Bank is one of the largest banks in the country with more than 300 branches.However, the bank did not specify any coins it is going to offer with its ATM machines.
 
Source: financemagnates.com



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