Philippines Bans Privacy Coins on Licensed Crypto Exchanges in Major Regulatory Shift
The Philippines has moved to tighten its oversight of the cryptocurrency sector by prohibiting licensed digital asset platforms from offering privacy-focused cryptocurrencies, marking one of the country’s most significant regulatory actions in the evolving crypto market. The new directive, issued by the Bangko Sentral ng Pilipinas (BSP), the country’s central bank, bars all licensed Virtual…
