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Bangko Sentral ng Pilipinas
Trends
- 1Philippine central bank tightens rules for digital asset sector●How tighter Philippine central bank rules signal a maturing digital asset market Key leaders in the Philippine digital a
The Bangko Sentral ng Pilipinas has proposed a temporary freeze on new payment system operator registrations alongside tighter controls for the sector. Key leaders in the Philippine digital asset industry have welcomed the move, arguing it signals a maturing market where regulation is shifting from rapid onboarding to quality and stability. The proposals mark a notable step in the country's approach to overseeing digital asset and payment businesses.