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GCash has issued a public advisory warning customers that the cryptocurrency platform Bitget is just not registered to function within the Philippines and isn’t affiliated with the native e-wallet large in any capability.
GCash Advisory
In keeping with the e-wallet, the advisory comes after stories that some crypto platforms, together with Bitget, have used the GCash model and emblem in on-line supplies with out permission or official partnership.
Accordingly, GCash emphasised that it has no system integration or relationship with Bitget. The advisory was posted by “We Are GCash,” the official company Fb web page of the e-wallet.
“Bitget is just not registered to function within the Philippines and isn’t affiliated with GCash – keep protected when utilizing crypto platforms!”
GCash
In a social media advisory, the e-wallet urged its customers to stay cautious by guaranteeing that any companies they use are formally registered and licensed as a part of efforts to maintain their accounts safe.
To make sure the safety of their transactions, GCash highlighted that the general public is suggested to seek advice from the Bangko Sentral ng Pilipinas (BSP)’s official listing of licensed monetary establishments, accessible via its website.
The advisory was additionally shared by the official Fb web page of GCash, which has 5.1 million followers and is a verified account.
- The shared put up emphasised that G-Xchange Inc. (GXI) is regulated by the BSP and is registered as a Supervised Digital Cash Issuer-Non-Financial institution Monetary Establishment.
GXI handles GCash’s cell pockets operations. It’s a wholly-owned subsidiary of Mynt, also referred to as Globe Fintech Improvements, Inc., which is an affiliate of Globe, Ant Group, Ayala Company, and different world shareholders.
Bitget in PH
In June 2025, Bitget Pockets, the non-custodial pockets developed by the crypto platform, launched help for QR Ph funds within the Philippines, permitting native customers to pay for items and companies utilizing stablecoins corresponding to $USDT and $USDC throughout varied blockchains.
- The function lets Filipinos scan QR Ph codes at taking part retail shops, eating places, and meals stalls, straight spending crypto with out the necessity for peer-to-peer conversions.
As well as, Bitget additionally showcased the replace throughout Philippines Blockchain Week. The agency additionally introduced a blockchain training guide for youngsters in underserved Philippine communities via a partnership with Cryptita Performs final Might.
This text is printed on BitPinas: GCash Issues Advisory vs. Bitget
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