Foresight News reports that according to Bloomberg, the Philippines' Department of Finance has partnered with virtual asset company PDAX and fintech company GCash to launch government securities starting at 500 pesos (9 USD). These bonds will be held in the Philippines' Distributed Ledger Technology (DLT) registry, a blockchain-based registry owned by the Department of Finance, which operates in parallel with the National Registry of Securities Securities (NRoSS).