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.
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.
