Coins.ph, the Philippines’ leading crypto platform, unveiled Thursday a plan to expand to Europe and Latin America.
After 10 years of advancing web 3 and crypto adoption in the Philippines, the company will join a small cohort of local startups that successfully expanded globally.
“At Coins.ph, we’re not merely crossing borders, we’re redefining them. By securing licenses across various continents, we uphold our pioneering spirit in delivering regulated and compliant digital asset services, a legacy we’ve proudly established in the Philippines,” said Coins.ph chief executive Wei Zhou.
Coins’ global expansion is fueled by its rapid acquisition of licenses in various regions across the world. In addition to Europe and Latin America, the company previously announced it secured licenses in Australia and Africa, elevating the platform from a Philippine market leader to a contender on the global stage.
Coins.ph sets itself apart from other global exchanges with its focus on regulatory compliance, and distinguishes itself in terms of security. It is the first Philippine exchange to attain ISO 27001 certification, underscoring its commitment to international standards in information security.
Coins.ph also continued to embrace innovation and deepen its suite of services. Continuing its innovative streak, Coins.ph is set to integrate the Solana chain by February, unlocking access to an array of dynamic projects and assets being built on Solana, the third largest chain behind Bitcoin and Ethereum.
It also recently rolled out support for the Universal Money Address (UMA), allowing users to effortlessly send and receive Bitcoin using simplified, email-like addresses instead of a complex string of alphanumeric characters that typically comprise wallet addresses.
“Our vision as we expand globally is to bridge the gap between the fiat world and the emerging digital asset economy. We do this by creating easy on and off-ramps and simplifying access to innovation so that every individual and business anywhere in the world can participate and thrive through safe and secure digital asset services by Coins,” said Zhou.