PH Crypto Oversight Improves, But FATF Flags Gaps on DeFi, Stablecoins, Offshore Exchanges
The FATF says the Philippines improved crypto regulation but still fails to close major gaps in DeFi, stablecoins, and unlicensed offshore exchanges.
Clarifying BSP’s Crypto Travel Rule Guidelines | Webcast 36
This is the recap of the 36th episode of the BitPinas Webcast with Atty. Jennifer Densen, who serves as legal counsel for Bitshares Labs and is the founder of Densen Law; Atty. Robert De Guzman of Coins.ph; and Atty. Michelle Regala Niebres from PDAX.
BSP Clarifies Crypto Travel Rule on P2P Transactions
BSP’s latest memorandum outlines stringent rules for VASPs, with an emphasis on due diligence in peer-to-peer transactions and unhosted wallets.
Business | News | Regulation
PDAX Taps Notabene for Travel Rule Compliance
This initiative is meant to implement the firm’s compliance with the ‘Travel Rule,’ a government policy that requires customers to divulge personally identifiable information when their transactions exceed a certain threshold.