Crypto Community Weighs In on BSP’s Extended Pause in VASP Applications
The BSP’s extended moratorium on new VASP licenses ignites strong reaction from the local crypto community.
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BSP Cancels VASP Registration of Licensed Crypto Exchange Coex Star
The Bangko Sentral ng Pilipinas confirmed the permanent cancellation of COEX STAR’s remittance and crypto licenses.
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Bitcoin Strategic Reserve Bill Introduced in Philippine Congress
The plan calls for the purchase of 2,000 BTC annually over five years, for a total of 10,000 BTC, to be held in trust for at least 20 years.
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Financial Stability Board Preparing ‘High-Level’ Recommendations on Regulation of Crypto
The international watchdog confirmed that it is now working on recommendations for stablecoins and other crypto asset activities.
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BSP: Polymer Banknotes More Hygienic, Cost-Efficient
The BSP emphasized that the new polymer banknotes are more hygienic, environment friendly, and cost-efficient compared to the current paper bills.
