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Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action

Coins.ph, the largest cryptocurrency exchange in the Philippines with over 18 million customers, is reportedly facing regulatory action from the central bank due to alleged involvement in transactions with restricted offshore gaming and gambling companies.

Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
Image: CoinDesk

Coins.ph, the largest cryptocurrency exchange in the Philippines with over 18 million customers, is reportedly facing regulatory action from the central bank due to alleged involvement in transactions with restricted offshore gaming and gambling companies.

Sources

  • CoinDesk — Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action

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