PROVING its status anew as an industry trailblazer, Union Bank of the Philippines (UnionBank) recently achieved another first in the industry after securing a Certificate of Authority from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP), making it the first and only universal bank in the Philippines to offer virtual asset exchange services.
The new feature also allows UnionBank customers to manage both traditional banking and digital assets within a single mobile platform. CONTRIBUTED PHOTO