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Total volume of cryptocurrency transactions in the Philippines in 2019 and 2020 (in millions)

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Sources

Release date

December 2021

Region

Philippines

Survey time period

2019 to 2020

Citation formats

Transaction volume of cryptocurrency Philippines 2019-2020

Published by K. Scholle, Feb 24, 2022
The volume of cryptocurrency transactions in the Philippines reached *** million in 2020, reflecting a ** percent increase from the previous year. The surge in transactions was caused by the rise of Bitcoin prices and the expansion of regulations on financial services in the country.
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Statistics on " Fintech in the Philippines "

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Overview

4

Investments

6

Digital payment

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Cryptocurrency

3

Embedded finance

4

BNPL

3

Digital remittance

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Topics

Fintech in the PhilippinesInsurance industry in the PhilippinesBanking in the PhilippinesE-commerce in the PhilippinesDigital payments in the Philippines
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