BSP Confirms Request to NTC to Block Unlicensed Crypto Exchanges, List of Blocked Apps Not Disclosed
Citing rising financial risks, the BSP urged public caution and stressed the need for licensed platforms in digital transactions.
2025 Philippine Crypto Year in Review: 12 Stories That Defined Crypto in the Philippines
Track the evolution of PH crypto month by month. From the SEC’s rules in January to the NTC crackdown in December, here are the 12 pivotal stories that defined the year.
Coinbase, More Crypto Platforms Blocked in PH Amid NTC Crackdown on Unlicensed VASPs
The restrictions coincide with confirmation by the National Telecommunications Commission (NTC) that it has ordered the immediate blocking of 50 online trading platforms without VASP (Virtual Assets Service Provider) license at the request of the Bangko Sentral ng Pilipinas (BSP).
NTC Orders Blocking of 50 Unlicensed Crypto Platforms Following BSP Directive; Clarifies Amid IBKR Issue
The request to NTC from the BSP, which targets unlicensed Virtual Asset Service Providers (VASPs), comes amid a broader crackdown on unregulated financial services .
BSP: Fresh Banknotes Available for Christmas, Urges Public to Use ‘E-Aguinaldo’
“Using e-wallets and online banking offers a safe and more convenient way to send cash gifts during the Christmas season,” the advisory read.
BSP Reviews Stablecoin Proposals Amid Cautious Approach to Crypto in the Philippines
BSP Deputy Governor Zeno Abenoja said most proposals center on dollar-backed stablecoins, with fewer focused on peso-backed options.
PH Still ‘Partially Compliant’ on Crypto Rules: BSP Assures Stronger Regulation
The BSP renewed its push to strengthen virtual asset regulation after the FATF maintained the Philippines’ “Partially Compliant” status under international crypto standards.
BSP Extends Ban on New Crypto Exchange VASP License Applications
The Philippine Central Bank has extended its moratorium on the issuance of new licenses for virtual asset service providers (VASPs), three years after the freeze was first announced.
Crypto Exchange VASP License Has Been Revoked Without Even Properly Launching in PH
International cryptocurrency exchange Bitunix quietly took down a post that claimed it had secured a Virtual Asset Service Provider (VASP) license from the Bangko Sentral ng Pilipinas (BSP) through ETRANSS to establish its legal operations in the country.
BSP Sets Deadline for Feedback on New Online Gambling Rules
The BSP has set a deadline for payment firms to give feedback on draft rules aimed at tightening controls on online gambling transactions.