According to CoinMeta, the 49th ASEAN Summit opened on the 15th in Manila, the capital of the Philippines. Leaders from ASEAN countries will focus on discussions regarding energy security, food security, and economic cooperation. At the opening ceremony, an updated version of the ASEAN emblem was unveiled, featuring 11 ears of rice to welcome East Timor as the official 11th member of ASEAN. The President of the Philippines, who is the current rotating chair of ASEAN, Rodrigo Duterte, handed over the text of the "ASEAN Digital Economy Framework Agreement" signed on the 14th to ASEAN Secretary-General Lim Geng Hong. The ASEAN Secretariat stated that this agreement is expected to come into effect officially at the beginning of 2027.