Philippines: List of Virtual Asset Service Providers (VASP) October 2024
Progress
Current status
adopted
01 Oct 2024 adopted
Scope
Implementers
Philippines
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Published List of Virtual Asset Service Providers (VASP) October 2024
On 1 October 2024, the Central Bank (BSP) published a list of List of Virtual Asset Service Providers (VASP) that are allowed to operate as a VASP in the Philippines. The list differentiates between non-bank VASPs, inactive/not operational non-bank …
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank