The central bank emphasized to regulated entities that transactions or business relationships with VASPs and other counterparties that are unregistered, unauthorized, or unlicensed—whether operating locally or offshore—are strictly prohibited.
BSP will launch a new CBDC pilot in 2026 to enable on-chain settlement of tokenized government bonds, solving a key gap in digital bond infrastructure.
DITO blocks access to crypto exchanges and reroutes users to a PAGCOR-branded warning page featuring licensed gambling platforms.
The House Book app will feature real-time roll call monitoring, digital vote tracking, and paperless document handling as Congress prepares for a blockchain-based transparency push.
The SEC has warned that Interactive Brokers/IBKR is not registered or licensed to offer trading services in the Philippines, and that promoting the platform may lead to criminal penalties.
Citing rising financial risks, the BSP urged public caution and stressed the need for licensed platforms in digital transactions.
The firm allegedly promised 10% monthly returns via social media while lacking SEC approval, triggering cybercrime-enhanced charges for unregistered securities sales.
DICT officials claim no public funds were used to launch the 2026 blockchain budget platform, but follow-up reports raise urgent concerns over security, hype, and long-term oversight.
The SEC has declared Valtoro Spartan’s DeFi investment platform illegal, citing its outrageous return promises and multi-level referral system as violations of Philippine law.
The Commission identified the group operating under various names, including LS KBS Crypto Trading, KBSEX Exchange, and LS Crypto Currency Humanitarian Org. Cebu, among others.
