Regulation· ★★★· bearish·

Coins.ph Says All BSP Licenses Active, Denies Offshore Gaming Ties

  • —BSP partially suspended inbound transfers to DCPay Philippines under Monetary Board Resolution No. 839
  • —Coins.ph says crypto trading, cash-outs, bills and QR Ph payments continue to operate
  • —Company denies facilitating offshore gaming operators and cites strict controls
  • —BSP acknowledged BitPinas queries but declined to comment on supervisory matters
Why it matters: The inbound fiat transfer suspension blocks new capital from entering the platform, potentially hurting volumes and user confidence.
Source: BitPinas