Axie Infinity is a blockchain-based play-to-earn game that exploded in popularity in developing nations such as the Philippines during the Covid-19 pandemic ...

Storms are gathering around hit crypto game Axie Infinity as regulators in its prime market, the Philippines, expressed their intention to tax its players and publisher. Income from play-to-earn ...

According to a regional report, the Philippines Bureau of Internal Revenue (BIR) is focusing on the blockchain-powered game Axie Infinity over tax concerns. Finance Undersecretary Antonette Tionko ...

The Finance Undersecretary of the Philippines, Antonette C. Tiono, said that earnings from crypto and non-fungible token-based games like Axie Infinity are subject to income tax. Philippines’ Finance ...

Listen or watch all the new CoinDesk podcast episodes wherever you want. Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are Maoi Arroyo, serial entrepreneur and founder of Ignite ...

An Axie Infinity player from the Philippines claims to have purchased two houses with profits earned through playing the crypto-powered play-to-earn game. An Axie Infinity player from the Philippines ...

Samerson Orias shows a screenshot of the Axies he used to play at his home in San Mateo, Rizal, in the outskirts of Manila, Philippines, on July 19, 2022. Samerson Orias shows a screenshot of the ...

Hackers stole roughly $625 million in cryptocurrency from the Ronin blockchain and the play-to-earn Axie Infinity video game network that operates on top of it, according to a disclosure from the ...

Dominic Lumabi sits on the computer in his Manila bedroom pitting his puffer fish-like cartoon NFT characters against others. But this is not just a game -- he is earning cryptocurrency to support his ...

Siblings Eugene (left) and Ginger Arboleda give a demonstration on how to play Axie Infinity, an NFT game where players earn tokens that can be exchanged for cryptocurrency or cash, in Taguig, ...

Dominic Lumabi sits on the computer in his Manila bedroom pitting his puffer fish-like cartoon NFT characters against others. But this is not just a game — he is earning cryptocurrency to support his ...