BSP Issues Warning Anew Against Unauthorized Crypto Service Providers
The Bangko Sentral ng Pilipinas (BSP) issued a public advisory on May 8, 2026, warning the public against transacting with unauthorized virtual asset service providers (VASPs). The central bank noted that engaging with unlicensed platforms poses significant risks to financial consumers. According to the advisory sent to media publications including BitPinas, VASPs are entities that…
