JUST IN: BSP Monetary Board Cancels VASP License of Early Crypto Exchange ETRANSS
The Monetary Board, the policymaking body of the Bangko Sentral ng Pilipinas (BSP) has canceled the Certificate of Registration of ETRANSS INTERNATIONAL REMITTANCE CORP. to operate as a Type โAโ Remittance Agent with Virtual Asset Service Provider (VASP) functions. Why it matters: The BSP has cancelled multiple crypto exchanges licenses in the past year alone,…