Coinville was listed as an inactive VASP by the BSP in August 2023.
The revocation is noteworthy given that BEXPRESS, INC. was among the limited circle of only 19 entities in the Philippines holding a VASP license.
UnionBank becomes the first universal bank in the Philippines to secure a VASP license from the BSP.
Comparing the data from the September 2022 list, the April 2023 VASP list has now included XenRemit and excluded Rebittance.
Mobile wallet GCash is focusing on building partnerships in the web3 space instead of acquiring own VASP license, Mark Nunez confirmed.
GCash explores partnership with PDAX to launch GCrypto, opening doors for more crypto-to-fiat collaborations in the Philippines.
The SEC is reminding the public to exercise caution or stop dealing with crypto exchanges not licensed in the Philippines.
Direct Agent 5 is planning to launch SurgePay – a blockchain wallet to make remittances coursed through the firm cheaper.
Registered since December 31, 2021, NOVI is no longer registered according to the latest list published by the central bank last September.
In an exclusive response to BitPinas, the Central Bank confirmed that it has granted UnionBank a limited crypto exchange (VASP) license.