virtual currency Archives

BSP Expects Increase in Cryptocurrency Transactions in the Philippines

9 Mar 20216 May 2021 Michael Mislos 41 Comments BSP, virtual currency, VASPs 2 min read

The total transaction volume from January to September 2020 was 7.2 million. This is a 36% increase versus the volume recorded within the same period in 2019 (5.3 million).

News

BSP: Virtual Currency Transaction in the Philippines Doubles in 2018

25 Apr 201921 Oct 2020 Michael Mislos 244 Comments philippines, Virtual Currency Exchange License Philippines, virtual currency 2 min read

This is despite the overall decline of the cryptocurrency market and the gradual shift to better forms of token offerings.

Feature

Philippines Cryptocurrency Regulations: BSP License vs CEZA License

22 Feb 201923 Oct 2020 Michael Mislos 2 Comments BSP, philippines, CEZA, Virtual Currency Exchange License Philippines, Offshore Cryptocurrency Exchange, FTSOVC, virtual currency 5 min read

Let’s break down the differences between a BSP license and a CEZA license, both can be obtained in the Philippines but with different functions altogether.

News

Philippines Commits to ICO Rules, Virtual Currency Exchange Rules Before June 2019

25 Jan 201923 Oct 2020 Michael Mislos 1 Comment SEC, ICO, Virtual Currency Exchange, virtual currency 3 min read

The Securities and Exchange Commission affirms its commitment to release regulations for Initial Coin Offerings (ICOs) and Virtual Currency Exchanges by June 2019.