EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

Announcements And Advisories

PUBLIC WARNED BY THE PHILIPPINE SENATE ON VIRTUAL CURRENCY SCAM PERPETRATED BY DIGITAL CURRENCY CO. LTD.


Further to previous advisory on cryptocurrency trading scams, the Philippine Embassy in Seoul wishes to inform the Filipino community in South Korea that the Senate of the Philippines has denied entering into a partnership with Digital Currency Co. (DCC) Ltd. for the release of the virtual currency called "Philippine Global Coin." Senate President Aquilino "Koko" Pimentel III, in his letter dated 23 January 2018 addressed to Secretary of Foreign Affairs Alan Peter S. Cayetano, has stated his denial following announcements, blog posts and news releases about the alleged partnership, where DCC was promoting the Philippine Global Coin as an initiative of the Philippine Government, enticing Overseas Filipino Workers (OFWs) as investors.

Senate President Pimentel wholly denies the existence of the supposed partnership between the Philippine Senate and DCC and firmly denounces any and all claims of Senate participation in such a venture. Senate President Pimentel further added that any claim that the Senate has entered into a partnership with DCC - a function that is beyond the Senate's mandate - is plainly false and patently misleading.

In light of the foregoing, the Philippine Embassy urges the Filipino public to be vigilant and be wary of novel investment schemes involving cryptocurrency, particularly those promising quick and large returns. The public is advised to deal only with Banko Sentral ng Pilipinas (BSP)-registered virtual currency exchanges. The list of BSP-registered VC exchanges is posted on the BSP website.



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Other Announcements And Advisories


June 15, 2025
Special Vocal Workshop with the Nightingales, 22 June 2025 at the 2F Sentro Rizal, Philippine Embassy in Seoul

As part of the activities for Philippine Independence Month, the Philippine Embassy in Seoul in cooperation with the National Commission on Culture and the Arts (NCCA) invites interested individuals to a Special Vocal Workshop to be conducted by the renowned performing duo “The Nightingales” from the Philippines. The Nightingales are composed of Ms. Bernadette Mamauag and Ms. Katrina Marie Saga, who are members of the Philippine Madrigal Singers Company of Artists. The Nightingales have performed extensively in the Philippines and many other parts of the world with a varied repertoire ranging from classical, sacred, Filipino, contemporary and pop, and world music. The duo will be sharing vocal and performance techniques at this activity, further expanding the mission of the Philippine Madrigal Singers of a "Singing Philippines". See you there! 

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June 08, 2025
ANNOUNCEMENT ON THE NEW PHILIPPINE VISA POLICY FOR INDIAN NATIONALS

The Philippine Embassy in Seoul informs the public on the implementation of the following visa policies applicable to Indian nationals starting 08 June 2025:

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June 03, 2025
Livelihood Skills Trainings at Health & Wellness Programs, July-December 2025

Muling inaanyayahan ng Embahada, MWO, at OWWA, ang mga Filipino na nagtatrabaho at naninirahan sa South Korea na makilahok sa pagpapatuloy ng Livelihood Skills Trainings at Health & Wellness Programs simula buwan ng Hulyo taong 2025!

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