Philippines: Climbs to 4th in Crypto Adoption Index
Philippines jumps to 4th globally in TRM Labs Country Crypto Adoption Index after SEC grants BlockShoals StratBox approval, with CZ praising collaborative regulation.
SourceAnalysis
CZ praised the Philippines after his visit, highlighting its jump to 4th place globally in the TRM Labs Country Crypto Adoption Index. The SEC's PhiliFintech Innovation Office issued in-principle approval for BlockShoals under StratBox, confirming regulators prioritize consumer protection alongside innovation and growth. This approach aligns with CZ's long-standing push for building alongside authorities rather than against them, accelerating capital inflows into Southeast Asia's digital asset sector.
Cas Abbé
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