Novi No Longer Included on BSP List of VASP Licensees
Registered since December 31, 2021, NOVI is no longer registered according to the latest list published by the central bank last September.
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BSP
Alleged Crypto Scam Deceives 1,000 Victims
When the victims tried to get their money back, the managers just told them that the quota had been reached.
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BSP Receives Award for Anti-Money Laundering Efforts
The appreciation was given during the central bank’s 21st-anniversary celebration, spearheaded by BSP Governor and AMLC Chairman Felipe M. Medalla.
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BSP Governor Medalla Reiterates: Crypto is Risky
The BSP Governor reiterates his stance on cryptocurrencies amid decreasing prices because of the collapse of FTX.
Read more Almost Double? Foreign Direct Investments Down $797M in August 2022 vs Same Month Last Year
FDI tally for August this year is still lower by 19.2% from last year’s $987 million record the same month.
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BSP Appreciates Cashless Malling — Deputy Governor
The Bangko Sentral ng Pilipinas lauds the efforts of the private sector towards cashless malling, Deputy Governor Romulo-Puyat assured.
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Highest Since 2018: PH Inflation Rate Surges to 7.7% in October
The country’s inflation rate rose to 7.7% year-on-year in October from 6.9% in September, the highest since 2018. BSP Governor Medalla revealed.
Read more BSP – Not End of the World if Peso Hits 61 to a Dollar
In a report from Reuters, Medalla said it will not be “the end of the world” if the Philippine Peso hits 61 versus the dollar.
Read more ANC Report: BSP Still Pursuing CBDC Project
“The BSP is currently pursuing what we call the Project CBDCPH,” Ganapin added.
Read more BSP Reminds Public to Accept Coins for Payment
Coins that are currently in circulation should be accepted as payment or change in cash transactions.
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