Bangko Sentral ng Pilipinas

Direct Agent 5 Inc. (DA5), secures VASP, EMI and EPFS licenses from the BSP
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20 December, 2022

Direct Agent 5 Inc. (DA5), secures VASP, EMI and EPFS licenses from the BSP

DA5 is one of the leading authorized direct agents of Western Union in the Philippines, with established 1,800 location footprints...
Philippines central bank reminds exchanges to ensure proper risk management measures
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15 December, 2022

Philippines central bank reminds exchanges to ensure proper risk management measures

The central bank’s memo was directed to VASPs involved in the custody of digital assets "to ensure that customers' virtual...
Ida Tiongson: Don’t be surprised if the Philippines is the next blockchain hub
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10 December, 2022

Ida Tiongson: Don’t be surprised if the Philippines is the next blockchain hub

Ida Tiongson believes that the Philippines is already showing an appetite for blockchain, digital assets, and decentralizing finance and says...
Philippine central bank removes Novi from exclusive list of VASP licensees
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1 December, 2022

Philippine central bank removes Novi from exclusive list of VASP licensees

Novi is no longer a registered Virtual Asset Service Provider in the Philippines following BSP's decision to remove it from...
Philippines central bank warns of risks associated with digital assets amid FTX’s implosion
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18 November, 2022

Philippines central bank warns of risks associated with digital assets amid FTX’s implosion

BSP Governor Felipe Medalla also cast aspersions on using the asset in payments over its extreme volatility and environmental impact.
Philippines CBDC would not be worthwhile at this point, finance chief says
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9 October, 2022

Philippines CBDC would not be worthwhile at this point, finance chief says

Benjamin Diokno, who previously headed the central bank, believes that payment systems in the Philippines such as PesoNet are working...
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