The Philippines’ Central Bank Has Already Legalized 10 Bitcoin Exchanges

2019-4-10 15:12

According to local reports, the Bangko Sentral ng Pilipinas (BSP) has approved three crypto exchanges, bringing the total number of approved crypto exchanges to 10. The Manila Times reported: “Melchor Plabasan, officer-in-charge at the Technology Risk and Innovation Supervision Department of the central bank, said newly approved were Bexpress Inc.

, Coinville Phils. Inc. , and ABA Global Phils. Inc. ” As CCN reported in July 2018, the Cagayan Economic Zone Authority (CEZA), a government-operated economic zone in the northern tip of the Philippines, issued 24 licenses of its own to crypto exchanges, raising the count of licensed exchanges in the Philippines to

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More Cryptocurrency Regulation In The Philippines

Some Asian countries are still trying to hard curtail un regulated cryptocurrency exchanges, leading to multiple exits of Crypto giants in order to build stability elsewhere. However, it is relieving to see that the Philippine government is handling the Crypto space with a lot more caution in terms of regulation and acceptance, which will no […] The post More Cryptocurrency Regulation In The Philippines appeared first on ZyCrypto.

2018-7-7 22:21


Central Bank Of The Philippines Approves Two New Crypto Exchanges

On July 6th, the Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved applications filed by two new cryptocurrency exchanges. Chuchi G. Fonacier, the deputy governor of the Bangko Sentral ng Pilipinas (BSP), reportedly said that the bank has approved the applications of ETranss and Virtual Currency Philippines, Inc., accrediting them as new platforms. […]

2018-7-7 20:17


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Philippines’ Financial Zone Making Crypto Controls, Authorizing 25 Exchanges

Regulation The authority of the Filipino government-owned economic zone is drafting regulations for cryptocurrencies and planning to limit the number of licenses it issues to 25. Japan Confirms Entrance Into the Crypto Space Drafting Crypto Regulations Philippines’ Cagayan Economic Zone Authority (CEZA) is “crafting rules to safeguard cryptocurrency investors,” according to the Philippine News Agency,

2018-7-1 22:11