Philippines’ crypto wealth grows beyond P2E origins: report

The Philippines is fast emerging as a crypto wealth hub, with Filipino crypto owners now ranking among the top globally in terms of average holdings. According to the Crypto Friendly Cities Index 2025 by global financial migration platform Multipolitan, the country ranks 20th in crypto wealth concentration, with Filipino crypto holders owning $14,194.46 (PHP790,000).

This marks a shift from the early days when crypto interest in the Philippines was largely driven by play-to-earn (P2E)…

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