SunStar
+ April 27, 2021 RESIDENTS of Cebu City may soon have the option of settling their City Hall transactions business taxes, real property taxes, BRT credits, etc. in cryptocurrency.
This, after City Mayor Edgar Labella signed a Memorandum of Understanding on April 15, 2021, to jointly explore with C Pass Inc., represented by chief executive officer (CEO) Jaewon Kim, the feasibility of the city using C Pass cryptocurrency and remittance and payment system for the city government.
Kim said C Pass will immediately comply, adding that their cryptocurrency C Peso has been issued.
He is confident that the City will see the advantages of their cryptocurrency, and sees wider commercial use of C Peso a stable coin that people can buy and load unto their digital wallets. It is based on the blockchain technology of Ethereum, and uses the same system employed in Korea.
SunStar Cebu City eyes use of cryptocurrency
FEASIBILITY. Filipino-Korean firm C Pass Inc., led by chief executive officer Jaewon Kim (right), signed a memorandum of understanding with Cebu City Mayor Edgardo Labella (left) to explore feasibility of bringing the former’s cryptocurrency and remittance and payment system to Cebu City. (Contributed)
+ April 18, 2021 RESIDENTS of Cebu City may soon have the option of settling their City Hall transactions business taxes, real property taxes, Bus Rapid Transit credits, etc. in cryptocurrency.
This after City Mayor Edgar Labella signed a memorandum of understanding to jointly explore with Filipino-Korean firm C Pass Inc., represented by chief executive officer Jaewon Kim, the feasibility of the city using C Pass’ cryptocurrency and remittance and payment system for the city government.
SunStar
+ March 17, 2021 EXACTLY a year ago last Tuesday, we lost control of our freedom to travel. Life has not been the same ever since.
Cebu City Mayor Edgar Labella said at that time that he was ordering a quarantine, not a lockdown, and people were merely advised to stay at home. There were no confirmed cases in Cebu City then, just PUIs (patients under investigation) and PUMs (persons under monitoring). In the Central Visayas itself, only one case was reported, that of a Chinese tourist who eventually died.
“We have to be preemptive and precautionary, rather than reactive,” Labella said, explaining what looked then to be unnecessary restrictions.
Cebu City Mayor Edgar Labella says residents have the right to choose the brand of COVID-19 vaccine they want, as funds for the vaccine procurement came from taxpayers.
SunStar
+ December 29, 2020 DESPITE the lack of the necessary documents in the construction of the new Cebu City Medical Center (CCMC), which is obviously owned and operated by the Cebu City Government, the first three floors were opened on Monday night to cater to out-patients only. Cebu City Mayor Edgar Labella and Vice Mayor Mike Rama led the inaugural cutting of the ribbon.
The first three floors are expected to ease the very congested temporary hospital that is housed at the building of the Bureau of Fire and Prevention (BFP). To recall, the transfer of the hospital at the BFP building caused a rift between then Mayor Rama and the BFP officials.