Cryptocurrency Q&A
Who are the licensees of cryptocurrencies in the Philippines?
Who are the licensees of cryptocurrencies in the Philippines?
SumoStrength
Mon Jul 15 2024
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6 answers
1135
In the ever-evolving landscape of cryptocurrency regulation, the Philippines has taken a proactive approach towards licensing and overseeing entities operating in this domain. As a keen observer of this space, I must inquire: Who are the licensees of cryptocurrencies in the Philippines? Are they primarily technology firms, financial institutions, or perhaps a mix of both? I'm curious to understand the diversity of these licensees and how they're contributing to the development of the Philippine cryptocurrency ecosystem. Are there any specific criteria that need to be met in order to obtain a cryptocurrency license in the country? Clarifying these points would help me gain a deeper understanding of the regulatory framework and the players involved in this dynamic industry.
6 answers
KimonoGlory
Tue Jul 16 2024
Betur Inc., operating as Coins.ph, is one of the licensees in the cryptocurrency and finance industry. Coins.ph provides a wide range of services, including digital currency exchange and remittance.
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CryptoSavant
Tue Jul 16 2024
Etranss Remittance International Corp. is a licensee that specializes in international remittance services using digital currencies. It provides a convenient and cost-effective way for individuals and businesses to send money across borders.
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KatanaSharpness
Tue Jul 16 2024
Rebittance Inc. is another notable licensee, specializing in facilitating cross-border payments and transactions using digital currencies. Its services are tailored to meet the needs of businesses and individuals.
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MysticEchoFirefly
Tue Jul 16 2024
Fyntegrate Inc. is a licensee that offers comprehensive cryptocurrency services, including exchange, wallet, and custody solutions. It aims to provide a secure and reliable platform for digital currency transactions.
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mia_anderson_painter
Tue Jul 16 2024
Bloomsolutions Inc. is a licensee that focuses on developing innovative solutions for the cryptocurrency industry. It leverages technology to enhance the efficiency and security of digital currency transactions.
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