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Coins.ph denies claims its Philippine central bank license was revoked
Original: Coins.ph says Philippine central bank license intact amid revocation claims
Philippine crypto firm Coins.ph says its license from the Bangko Sentral ng Pilipinas remains intact, pushing back against claims that the central bank had moved to revoke it. The company issued the statement after reports circulated suggesting its virtual currency licence was under threat, and it maintains it continues to operate with full regulatory approval.
Why now: Rumours of a license revocation for a major Philippine crypto platform raised concerns among users and investors, prompting the company's public denial.
Coins.phBangko Sentral ng PilipinasPhilippines
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