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Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank

by CBDC Insider Staff
July 24, 2020
in Asia, Business
Reading Time: 1min read
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Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
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The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases.

16 Registered Crypto Exchanges in the Philippines
The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has so far approved 16 cryptocurrency exchange service providers in total. The latest list of “Remittance and transfer companies (RTC) with virtual currency (VC) exchange services” shows four recently-approved cryptocurrency exchanges. They are Finchain Technology Inc., Iremit Inc., Moneybees Forex Corp., and Wibs PHP Inc.

Continue read: https://news.bitcoin.com/philippines-16-cryptocurrency-exchanges-approved-central-bank/

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