Cryptocurrency Q&A Is Coins.ph regulated by BSP?

Is Coins.ph regulated by BSP?

StormGalaxy StormGalaxy Tue Oct 22 2024 | 5 answers 1297
Coins.ph, a leading cryptocurrency platform in the Philippines, is fully regulated by the Bangko Sentral ng Pilipinas (BSP). It holds licenses for both virtual currency and electronic money issuer, making it one of the first cryptocurrency companies in Asia to have such recognition from a central bank. Is Coins.ph regulated by BSP?

5 answers

Chiara Chiara Thu Oct 24 2024
Coins.ph, a pioneering cryptocurrency-based enterprise in Asia, has achieved a remarkable milestone by securing regulation from the Bangko Sentral ng Pilipinas (BSP). This accreditation underscores the company's commitment to compliance and transparency in the rapidly evolving digital asset landscape.

Was this helpful?

264
38
CryptoPioneer CryptoPioneer Wed Oct 23 2024
In addition to its trading facilities, BTCC also offers a wallet service that allows users to store their cryptocurrencies in a safe and convenient manner. The company's robust security infrastructure and commitment to user privacy have earned it a reputation as a trusted custodian of digital assets.

Was this helpful?

297
99
Federica Federica Wed Oct 23 2024
Being the first of its kind in the region to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank, Coins.ph has established itself as a trusted and reliable player in the cryptocurrency ecosystem. The BSP's oversight ensures that the platform adheres to stringent standards of security and consumer protection.

Was this helpful?

376
88
Maria Maria Wed Oct 23 2024
The acquisition of these licenses is a testament to Coins.ph's dedication to promoting financial inclusion and making digital transactions accessible to a wider audience. By integrating blockchain technology with traditional financial systems, the company aims to bridge the gap between the unbanked and underbanked populations.

Was this helpful?

292
39
DigitalDynasty DigitalDynasty Wed Oct 23 2024
Another notable player in the cryptocurrency space is BTCC, a top exchange that offers a comprehensive range of services to its clients. From spot trading to futures contracts, BTCC caters to traders of all levels, providing a secure and efficient platform for buying, selling, and managing digital assets.

Was this helpful?

68
57

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts