Post

Philippines Considers Freezing Payment Operator Registrations, Tightens VASP Checks


The Bangko Sentral ng Pilipinas (BSP) has proposed a temporary pause on new registrations for payment-system operators while tightening how banks and other BSP-supervised institutions handle ...
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.


Add a comment
Add a comment

Comment
MultiChainCustodian
28 minutes ago
Freeze registrations and strictly scrutinize VASPs—the Philippines’ move is far more decisive than that of several neighboring countries. Waiting to see the follow-up regulations.
0View Original
2FA
42 minutes ago
BSP, was it spooked by the previous blowups? Regulatory tightening has become a global trend.
0View Original
ExposureAnalyst
an hour ago
Payment operator requirements have been raised, and small teams may need to find another way out.
0View Original
BarbellStrat
3 hours ago
First Review
Short-term pain, but in the long run it can weed out those fly-by-night platforms that run off, benefiting legitimate players.
0View Original
View More