BSP Implements Stricter Rules for E-Money Amid Heightened Cybersecurity Risks
The BSP has decided that electronic money issuers (EMIs) should be divided into two groups: banks and non-bank financial institutions.
The BSP has decided that electronic money issuers (EMIs) should be divided into two groups: banks and non-bank financial institutions.
Salceda cited that the accumulation of debts like this is dangerous for the country’s economy and for consumers.
The PNP is already investigating the cryptocurrency scam and has advised the public to carefully research before dabbling into investments.