BSP Monetary Board Cancels Bexpress’ VASP Crypto License
The revocation is noteworthy given that BEXPRESS, INC. was among the limited circle of only 19 entities in the Philippines holding a VASP license.
The revocation is noteworthy given that BEXPRESS, INC. was among the limited circle of only 19 entities in the Philippines holding a VASP license.
Bexpress, operating as Bexpress/Bexpro is a licensed virtual assets service provider (VASP) in the Philippines.
The responses of local exchanges fall in either of the three categories – full suspension of XRP trading, partial suspension, and no change in current policy.
The Philippine Central Bank approved 3 new companies that can legally process crypto to fiat transactions and vice versa.