Philippines
CRYPTO TIMES
Philippine Central Bank Orders Major Crypto Firm; When Will Service Resume?
- Coins.ph, a major Philippine crypto platform, released a statement on October 14 addressing a service disruption.
- The company stated that user funds are safe and that it is working to restore the affected services.
- The disruption stems from BSP (Bangko Sentral ng Pilipinas, the Philippine central bank) directives concerning transactions tied to offshore online casino operations.