BANGKO SENTRAL NG PILIPINAS

Crypto / Digital Assets

BSP Extends Moratorium on New Crypto Licences Indefinitely

By Editors | 01/09/2025

The central bank cites consumer protection and financial stability risks, continuing a freeze that was set to expire this year.

Securities / Derivatives

BSP Clarifies UITFs with Foreign Placements Eligible for PERA

By Sanday Chongo Kabange | 28/08/2025

A central bank memorandum confirms locally-registered UITFs with foreign investments can be eligible as PERA investment products.

AML / KYC

Philippines Could Return to FATF Grey List Over Gambling Risks: BSP

By Editors | 27/08/2025

BSP warnings and data from The Fourth Wall highlight the urgent need for stricter online gambling controls in the Philippines.

Crypto / Digital Assets

Philippine Lawmaker Proposes Bill to Establish National Bitcoin Reserve

By Sanday Chongo Kabange | 25/08/2025

A new bill directs the BSP to acquire 10,000 Bitcoin over five years and hold it for two decades to diversify national assets.

AML / KYC

BSP Pledges Stronger Financial Crime Safeguards

By Nithya Subramanian | 21/08/2025

The Philippines’ exit from global money laundering watchlists is expected to lower remittance costs, ease banking ties abroad, and boost investor confidence in its financial system.

Market Infrastructure

BSP Issues Rules to Keep Markets Open During Holidays

By Sanday Chongo Kabange | 20/08/2025

The new rules require payment systems, FX trading and clearing to continue on local holidays, with exceptions only for nationwide shutdowns.

Fintech / Regtech

BSP Orders Removal of Gambling Links from Banking Apps

By Sanday Chongo Kabange | 15/08/2025

The BSP has given financial institutions 48 hours to remove access to gambling sites from their mobile apps.

Market Infrastructure

Philippines Launches New Web-Based SME Credit Risk Platform

By Sanday Chongo Kabange | 12/08/2025

The BSP says the new web-based system aims to improve loan assessment and reduce collateral dependence using anonymised statistical data.

Fintech / Regtech

BSP to Impose Biometric Checks, Daily Caps on Gambling Payments

By Editors | 09/08/2025

New rules will require banks and e-wallets to implement stricter identity verification, transaction limits, and other controls to mitigate gambling-related financial harm.