Coins.ph announces further expansion into Europe and Latin America

Coins.ph, the Philippines’ leading crypto platform, ushers in the new year with a bold leap onto the global stage, unveiling ambitious expansion plans into Europe and Latin America.

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After a decade of fostering web3 and crypto adoption in the Philippines with over 18 million users, Coins.ph is now extending its reach beyond national borders. The company will join a small cohort of local startups that have successfully expanded globally. 

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. 

“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 CEO Wei Zhou.  

While Coins.ph sets itself apart from other global exchanges with its focus on regulatory compliance, it further distinguishes itself in terms of security. Coins.ph is the first Philippine exchange to attain ISO 27001 certification, underscoring its commitment to international standards in information security.

Beyond expansion, Coins.ph has 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,” said Zhou. “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.”