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.
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).
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 .
Maya to Suspend Crypto Trading for 24-Hour Platform Overhaul
Maya assured customers that all funds and past purchases remain safe during the transition.
Lacson Pushes Bill to Expand AMLC Powers, Fully Cover Virtual Asset Providers
Sen. Panfilo Lacson files a bill strengthening the Anti-Money Laundering Council by expanding its authority and formally including virtual asset service providers and other sectors under AMLA supervision.
Crypto Community Weighs In on BSP’s Extended Pause in VASP Applications
The BSP’s extended moratorium on new VASP licenses ignites strong reaction from the local crypto community.
PH Still ‘Partially Compliant’ on Crypto Rules: BSP Assures Stronger Regulation
The BSP renewed its push to strengthen virtual asset regulation after the FATF maintained the Philippines’ “Partially Compliant” status under international crypto standards.
BSP Cancels VASP Registration of Licensed Crypto Exchange Coex Star
The Bangko Sentral ng Pilipinas confirmed the permanent cancellation of COEX STAR’s remittance and crypto licenses.
GoTyme Bank Launches ‘Go Crypto’ — Select Users Can Now Buy and Sell Bitcoin, Ether, and More
Some users shared that there are already nine cryptocurrencies available on Go Crypto.
BSP Extends Ban on New Crypto Exchange VASP License Applications
The Philippine Central Bank has extended its moratorium on the issuance of new licenses for virtual asset service providers (VASPs), three years after the freeze was first announced.