Philippines
TokenPost
Coins.ph Asserts Its VASP and EMI Licenses Remain Valid Despite Peso Deposit Restrictions
- Coins.ph confirmed that Betur Inc.'s VASP license and DCPay Philippines Inc.'s EMI license are both still valid.
- The Bangko Sentral ng Pilipinas (BSP, the Philippine central bank) restricted bank deposits into peso wallets, but crypto trading, withdrawals, and certain payment services remain operational.
- The BSP declined to comment on specific supervisory matters, and the controversy follows CoinDesk's report on alleged offshore gambling-related transactions and potential license revocation.