BSP Draft Rules Seek to Block QR Ph Workaround Used by Offshore Platforms
Proposed BSP rules ban third-party payment middlemen for offshore platforms, threatening foreign apps relying on QR Ph top-ups in the Philippines.
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BSP Draft Rule Mandates National ID Integration for Licensed VASPs, E-Wallets, and Banks
Philippine crypto exchanges, e-wallets, and digital banks must submit National ID database integration applications within three months under a draft central bank mandate.
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BSP Bans Privacy Coins, Issues Token Listing, Delisting Guidelines for VASPs
The regulatory expectations, detailed in Memorandum No. M-2026-023, aim to promote financial stability and protect consumer welfare by ensuring virtual asset services operate in a safe and sound manner.
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Just In: Binance Partner Blockshoals Selects BSP-Licensed VASP for SEC Sandbox Integration
The company disclosed that both parties are currently completing required due diligence, with formal system integration scheduled to begin once the partnership is finalized.
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Exclusive: BSP Says Binance, BlockShoals Lack VASP Licenses; Coordinating With SEC on Sandbox
The BSP clarified that Binance and BlockShoals do not hold VASP licenses, underscoring that SEC sandbox participation does not replace separate central bank authorization requirements.
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PH Crypto Traders Back New AML Bill, Push Clarity on Stablecoins and VASPs
IMPACT submitted a position paper to the Anti‑Money Laundering Council commenting on House Bill No. 7742.
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Maya Crypto Update: Token List Expands as Platform Refines Experience
Maya Crypto expands to 33 tokens in 2026 with the addition of XRP, BNB, PAXG, and new memecoins.
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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.
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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).
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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 .
