Wednesday, June 24, 2026
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Pasig market gets Starlink-powered free Wi-Fi to support cashless transactions

According to the DICT, the Pasig Mega Market is the first public market in the city equipped with its Free Public Wi-Fi service under the Paleng-QR Ph Plus initiative. The agency installed one Starlink satellite Internet unit and four wireless access points at the market.

BlockShoals to work with BSP-regulated VASP after licensing questions raised

BlockShoals Technologies said it has selected a Bangko Sentral ng Pilipinas (BSP)-accredited Virtual Asset Service Provider (VASP) and is completing due diligence before beginning onboarding and system integration, a move the company said was already required under its Securities and Exchange Commission (SEC)-approved testing framework.

E-wallet adoption pushes Pinoy account ownership to 58%

More Filipino adults now own formal financial accounts, with e-money accounts emerging as the main driver of growth, according to the latest survey conducted by Social Weather Stations for the Bangko Sentral ng Pilipinas (BSP).

Banks urged to use BSP cyber checks to improve security

Cybersecurity firm Kaspersky said Philippine banks should use the Bangko Sentral ng Pilipinas (BSP)’s new cybersecurity self-assessment requirement to address weaknesses in their systems instead of treating it as a compliance exercise.

BSP warns public against dealing with unauthorized crypto platforms

The Bangko Sentral ng Pilipinas (BSP) has again warned the public against transacting with unauthorized virtual asset service providers (VASPs), saying users risk losing funds and may have limited legal remedies in case of fraud or operational failures.

BSP links up with PhilSA to use space data for financial risk monitoring

Under the partnership, space-derived information will be used to assess disaster impacts, evaluate environmental threats, and analyze their potential effects on inflation, financial stability, and economic resilience.

Ronin, Coins.ph plan QRPH integration to allow PHPC stablecoin payments

If approved, users would be able to pay with PHPC through the Ronin Wallet in the same way they currently use mobile wallets that support QRPH.

BSP to close application for digital bank licenses by Dec. 2025

The Bangko Sentral ng Pilipinas (BSP) announced on Thursday, Sept. 25, that it will stop accepting new applications for digital banking licenses beginning Dec. 1, 2025, effectively closing the application window just 11 months after it was reopened.

BSP extends moratorium on new VASP licenses

The Bangko Sentral ng Pilipinas (BSP) has extended indefinitely its moratorium on the issuance of new licenses for virtual asset service providers (VASPs), citing heightened risks in the virtual asset market.

BSP sets June 2026 deadline for passwordless authentication in financial sector

The directive requires organizations to phase out password-only logins and transition to more secure, phishing-resistant methods such as passwordless authentication based on FIDO (Fast Identity Online) standards.
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