Philippines halts new crypto service providers for 3 years - Forkast News


8/12/2022 12:00:00 AM2 years 8 months ago
by Jenny Ortiz

The Bangko Sentral ng Pilipinas (BSP) slaps a moratorium on new virtual asset service provider (VASP) license applications starting Sept. 1.

In a move to balance a growing crypto industry with potential risks associated with digital assets, the Philippine central bank is putting a three-year hold on new virtual asset service provider (VAS… [+2259 chars]

full article...