Universities in the Philippines will offer free courses in blockchain and crypto, including trading, metaverse, decentralized finance, web3, and others partnering with Binance.
Recently, the crypto exchange was present at the Philippine Senate hearing where industry leaders and regulators discussed policies and guidelines for the country related to digital assets.
According to local media, three financial authorities took part in the event: Securities and Exchange Commission, the central bank, and the Cagayan Economic Zone Authority.
Attendees agreed that delivering access to financial literacy would be essential for the formation of a comprehensive framework. It was also mentioned that financial literacy is a significant driver for ensuring user protection.
The General Manager for the Philippines of Binance, Kenneth Stern said the company strongly believes that the crypto sector can greatly benefit Filipinos by providing financial inclusion via digitalization. Stern noted that 78% of the country's population remain unbanked, but cryptos can reduce that number as crypto owners will soon be higher than the number of credit card holders in the country.