2026-6-14 12:47 |
BSP orders stricter crypto listing, monitoring and delisting standards as the Philippines tightens oversight of VASPs. origin »
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The BSP's pilot project for the PHPC stablecoin aims to revolutionize financial transactions by providing a secure, regulated framework to assess its potential and impact. The post Philippines Approves Stablecoin Pilot for Remittances appeared first on BeInCrypto.
2024-5-13 18:01 | |
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BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins. ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition to real-world usage subject to final evaluations and approvals by central bank.
2024-5-14 12:27 | |
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The Philippines is advancing towards the introduction of a non-blockchain central bank digital currency (CBDC) within the upcoming two years, according to the Governor of Bangko Sentral ng Pilipinas (BSP), Eli Remolona.
2024-2-12 14:40 | |
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In a memorandum dated August 10, The Central Bank of the Philippines, also known as Bangko Sentral ng Pilipinas (BSP) says in September, the regular application window for new Virtual Asset Service Provider licenses (VASP) will wind down for three years, and will be a subject to reassessment on the current market developments.
2022-8-12 22:30 | |
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Shiba Inu acceptance is on the upswing as the meme coin gets listed on Coins. ph, a popular cryptocurrency exchange in the Philippines. Coins. ph has more than 18 million registered users and is approved by the Bangko Sentral ng Pilipinas (BSP).
2022-7-24 16:06 | |
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Philippines central bank, Bangko Sentral ng Pilipinas (BSP) has made key changes to its regulations guiding crypto assets. The changes according to the bank are aimed towards preventing the use of cryptocurrencies in money laundering schemes.
2021-1-28 16:00 | |
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Bangko Sentral ng Pilipinas (BSP), the top financial regulator in the Philippines, has tightened crypto rules to help prevent money laundering in the country. A report unveiled this news on January 26, noting that the central bank now mandates that all crypto transactions adhere to its regulations on financial service providers.
2021-1-27 17:15 | |
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The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges.
2021-1-27 05:30 | |
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Local Philippines news source, the Philippine Daily Enquirer, has reported this week that the country's central bank now requires Crypto financial service firms to be fully licensed with the BSP.
2021-1-27 23:25 | |
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The central bank of the Philippines, otherwise known as Bangko Sentral ng Pilipinas (BSP), expresses its interest in launching its own central bank digital currency (CBDC). In a story first covered on Bloomberg, the governor of BSP, Benjamin Diokno, stated the country had formed a research committee on the possible launch of digital currency. The […]
2020-7-30 21:21 | |
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The central bank of the Philippines is looking into issuing and implementing a central bank digital currency (CBDC). The Bangko Sentral ng Pilipinas (BSP) has created a team of experts to look into the feasibility and policy implications of issuing a CBDC.
2020-7-29 15:45 | |
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BitMEX Ventures has infused an undisclosed amount of funds into the cryptocurrency exchange platform, Philippines Digital Asset Exchange [PDAX]. The BSP regulated exchange, PDAX, had recently secured an undisclosed amount of capital from ConsenSys Ventures, the venture capital arm of US-based blockchain firm, ConsenSys.
2019-6-4 19:30 | |
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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.
2019-4-10 15:12 | |
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Latest Bitcoin Cash News In the Philippines, virtual currency exchanges must obtain an operating license from the country’s central bank—the Bangko Sentral ng Pilipinas (BSP). Good news is, the country’s regulator is open to new and innovative technologies.
2019-2-14 16:47 | |
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The Union Bank of Philippines, one of the country’s largest banks, is unveiling two cryptocurrency ATMs. The initiative from Union Bank has the blessings of the country’s central bank, Bangko Sentral ng Pilipinas (BSP).
2019-2-12 13:07 | |
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The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar.
2019-2-12 00:10 | |
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Bangko Sentral ng Pilipinas (BSP) cleared the Philippine Digital Asset Exchange (PDAX) for license to exchange crypto and the Philippine peso. The exchange is being touted as one of the first of its kind to be specifically designed with Filipinos in mind, and will trade an array of cryptos and tokens, including bitcoin cash (BCH).
2018-9-11 17:55 | |
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The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has accredited two new cryptocurrency exchanges, according to a report this Friday, citing a senior official's statement.
2018-7-8 15:22 | |
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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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Federated Hermes has launched a new money market fund designed for stablecoin reserve management, introducing a product that can be used by payment stablecoin issuers operating under the GENIUS Act framework.
The Trump administration has convened roughly 20 lawmakers, congressional staff members, and law enforcement representatives at the White House as Senate leaders work toward a possible floor vote on the CLARITY Act before the August recess. According to journalist Eleanor…
New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…
Ant International has weighed a $1 billion fundraising round at a valuation of at least $10 billion as the Singapore-based fintech unit posts eight straight quarters of profitability and expands its cross-border payments business.
Hyperliquid and Paradigm ask Treasury to narrow GENIUS Act AML rules they say could push regulated stablecoins away from open DeFi networks.
Japan’s three megabanks plan a joint yen stablecoin in FY2026, creating a council to set issuance, governance and operating rules by launch.