bsp

The Bangko Sentral ng Pilipinas (BSP) asked the public to be discerning of the claim of a company called SK Pools Mining Corporation that its “products, services, and assets are licensed, authorized, guaranteed, verified, certified, or confirmed by the BSP.”

The Bangko Sentral ng Pilipinas (BSP) issued the memorandum apparently due to continuing complaints that some banks refuse to recognize the national ID as proof of identity because the card itself does not display the person’s signature.

The Bangko Sentral ng Pilipinas (BSP) said two out of the six digital banks in the country are currently recording profits from their operations.

The Bangko Sentral ng Pilipinas (BSP) said it is bullish on the sustained rise of digital payment technologies in the country, saying that 50 percent of retail payments are now in digital format.

The Bangko Sentral ng Pilipinas (BSP) has onboarded OmniPay to the roster of financial institutions that settle high-value transactions through the BSP-owned and operated PhilPaSSplus.

The Bangko Sentral ng Pilipinas (BSP) has extended for another year or until Dec. 15, 2024 the moratorium on the entry of new electronic money issuer-non-bank financial institutions (EMI-NBFIs).

After canceling the registration of Bexpress Inc. as a virtual asset service provider (VASP), the Bangko Sentral ng Pilipinas (BSP) has announced it has also annulled the VASP license of Coinville Philippines.

The Bangko Sentral ng Pilipinas (BSP) said it has selected Hyperledger Fabric as its distributed ledger technology (DLT) for its Central Bank Digital Currency (CBDC) pilot project: Project Agila, formerly known as Project CBDCPh.

Customers of SM MOA and Festival Mall may also choose to redeem the value of their deposited coins in the form of SM shopping vouchers.

The new rules set out the requirements for the use of digital identification and verification as part of the customer onboarding process of BSP-supervised financial institutions (BSFIs).