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Economics2h 19m ago

The Bangko Sentral ng Pilipinas (BSP) has issued new coin and token listing guidelines requiring all licensed Virtual Asset Service Providers (VASPs) to implement rigorous due diligence and accreditation processes before offering digital assets to customers.

Philippines

Who
Bangko Sentral ng Pilipinas (BSP), Deputy Governor Lyn Javier, Alden Yburan, Luis Buenaventura
What
The Bangko Sentral ng Pilipinas (BSP) has issued new coin and token listing guidelines requiring all licensed Virtual Asset Service Providers (VASPs) to implement rigorous due diligence and accreditation processes before offering digital assets to customers.
When
Mon, 15 Jun 2026 11:27:19 GMT · 2h 19m ago
Where
Philippines ·
Why
The BSP said the rules are aimed at "promoting financial stability and protecting the financial welfare of customers by ensuring that VA services are provided in a safe, sound, and consumer-centric manner."
The Frontline Impact

How this affects you

The Philippines has tightened its regulations on cryptocurrency markets, banning privacy coins and requiring virtual asset service providers to enhance their due diligence, which could lead to increased financial stability and consumer protection in the country's crypto sector.

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