The Bangko Sentral ng Pilipinas (BSP) is keen on requiring entities applying for licenses as electronic money issuers (EMI) to also apply for a license as a crypto or virtual currency (VC) exchange.
The Bangko Sentral ng Pilipinas has tapped PayMaya Philippines and other e-money issuers to equip merchants selling within its headquarters in Manila with digital payment touch points.
Cash machines remain antiquated and prone to fraud because the Bangko Sentral ng Pilipinas (BSP) is taking time to allow banks to raise fees for upgrades.
Recognizing the power of social media, the Bangko Sentral ng Pilipinas (BSP) has released new guidelines on social media which local banks must observe to avoid or mitigate various types of risks.
