Coins.ph’s 2023 audited financial statements reveal a ₱2.5 billion capital deficiency, a ₱192 million XRP reserve shortfall, and a ‘going concern’ warning from its auditor.
Meanwhile, Appsolutely, and more companies are removed from the BSP VASP List.
The revocation is noteworthy given that BEXPRESS, INC. was among the limited circle of only 19 entities in the Philippines holding a VASP license.
Stay informed about the evolving regulatory landscape of the cryptocurrency and digital asset market 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.
Bexpress, operating as Bexpress/Bexpro is a licensed virtual assets service provider (VASP) in the Philippines.
With Binance intending to purchase a single firm with both EMI and VASP licenses, which companies in the Philippines have them both?
Crypto exchange giant Binance announced that it plans to have a PH firm counterpart to be able to acquire a VASP License from the Central Bank.
BSP urges the public not to deal with Virtual Asset Service Providers (VASPs) that are either unregistered or domiciled abroad.
