Latest News Of Bangko Sentral ng Pilipinas Tag

Philippines central bank still ‘lukewarm’ on cryptocurrency

Business 5 July 2019

Philippines central bank still ‘lukewarm’ on cryptocurrency

Bangko Sentral ng Pilipinas plans to wait a further “three to five years” before it entertains the idea of launching its own cryptocurrency.

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Philippine central bank adds new virtual currency exchange service

Business 21 June 2019

Philippine central bank adds new virtual currency exchange service

The Philippines have added yet another crypto exchange, with BitanMoneytech joining the list.

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Philippines central bank warns public to use regulated crypto exchanges

Business 18 June 2019

Philippines central bank warns public to use regulated crypto exchanges

The Bangko Sentral ng Pilipinas has warned the public to only use exchanges that have been approved by the country, and to only buy as much as they need for transactions.

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Crypto ATMs in the Philippines must comply with financial regulations

Business 3 April 2019

Crypto ATMs in the Philippines must comply with financial regulations

Firms looking to install a teller for virtual exchange conversions in the Philippines must be approved by the country's central bank.

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First crypto exchange ‘specifically for Filipinos’ gets central bank nod

Business 11 September 2018

First crypto exchange ‘specifically for Filipinos’ gets central bank nod

The Philippine central bank has approved the application of Philippine Digital Asset Exchange (PDAX) to operate in the country.

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2 new crypto exchanges secure nod for Philippine operations

Business 9 July 2018

2 new crypto exchanges secure nod for Philippine operations

The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has green-lighted two crypto exchange applications, giving them permission to begin offering their services in the country.

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nChain CEO Jimmy Nguyen: Philippines is the perfect market for virtual currency

Business 12 April 2018

nChain CEO Jimmy Nguyen: Philippines is the perfect market for virtual currency

In an interview with Bloomberg TV Philippines, nChain CEO Jimmy Nguyen admits that there's work to do, but the Bangko Sentral ng Pilipinas is doing right in creating sensible regulation to improve consumer confidence.

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Philippines sees surge in cryptocurrency exchange applications

Business 9 April 2018

Philippines sees surge in cryptocurrency exchange applications

At the moment, there are 29 applications under different stages of the application process—twice the number of applications recorded by the central bank in December 2017.​

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12 exchanges wait for approval to operate in the Philippines

Business 13 December 2017

12 exchanges wait for approval to operate in the Philippines

The central bank of the Philippines is reviewing applications from at least a dozen companies looking to start a virtual currency exchange operation.

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