Coins.ph Bank Deposits Curbed by Philippine Central Bank
The restriction narrows bank-to-wallet funding routes, but outbound transfers remain available and the platform’s separately licensed trading entity is not covered.
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The restriction narrows bank-to-wallet funding routes, but outbound transfers remain available and the platform’s separately licensed trading entity is not covered.
The agreement lifts Space Network’s commercial pre-orders to $150M and supports its planned expansion from four satellites to about 230 by 2029.
The Bangko Sentral ng Pilipinas is using the pause to overhaul its licensing framework, and crypto-serving institutions face the sharpest new burden: enhanced due diligence, transaction limits, and…
A moratorium on new virtual asset service provider registrations, paired with tighter compliance checks, would push the Philippines into a hardline regional posture against unregulated flows.
The forecast links AI adoption to the sector's employment outlook, with more complex roles adding a higher-value angle to the Philippines' growth story.
First public appearance by the former Binance CEO in the Philippines comes as the exchange deepens its Southeast Asia push post-settlement.
The Philippines becomes one of the first Southeast Asian markets to formally license the world's largest exchange, opening a regulated on-ramp for a retail-heavy crypto population long served by…
The entry is sandbox-conditional rather than fully licensed, but it hands Binance a regulated on-ramp into a 117-million-person remittance market that has long pushed crypto adoption from the bottom…
The world's largest exchange takes a regulated route into a Southeast Asian market of 115 million where unbanked retail remains structurally underserved by formal finance.
The Philippines now ranks 4th globally in TRM Labs' Country Crypto Adoption Index, with regulators leaning collaborative over restrictive as new fintech licensing pathways open.
The Bangko Sentral ng Pilipinas (BSP) has explicitly prohibited virtual asset service providers (VASPs) from listing or…
BSP is making explicit what the SEC's sandbox approval did not: StratBox participation is not a license to operate, and Binance must clear a second, separate regulator before it can onboard a single…
The exchange once blocked by Manila regulators now has an in-principle sandbox approval, routed through a local fintech — a path back into a market the SEC had previously closed.
Binance is set to re-enter the Philippine market through a partnership with BlockShoals, operating under the local…