bangko
Bangko Sentral ng Pilipinas Weighs Temporary Moratorium on New Payment System Licenses Amid Broader Crypto and VASP Compliance Push
Manila, Philippines — The Bangko Sentral ng Pilipinas (BSP), the central monetary authority of the Philippines, is currently evaluating a temporary moratorium on the issuance of new Operator of Payment Systems (OPS) licenses. This prospective policy shift forms part of a broader, more rigorous regulatory campaign designed to elevate compliance, governance, cybersecurity, and operational standards […]
