Philippine Government Yet to Approve Cryptocurrency Exchange Applicants
Philippine Government Yet to Approve Cryptocurrency Exchange Applicants Philippine business press, Businessmirror, has reported that the government has been yet to approve a single virtual currency exchange application. The Philippine central bank, Bangko Sentral ng Pilipinas, introduced regulations for virtual currencies earlier this year – which focussed heavily on creating guidelines for the operations of cryptocurrency exchanges. The Philippine Central Bank Has Received Less Than 10 Applications For Virtual Currency Exchange Registration The Philippine Central Bank’s Supervision and Examination Sector…