3 Cryptoexchanges get Green Signal from Central Bank Of Philippines

The Central Bank Of Philippines has authorised three more crypto exchanges to start its operations in the island nation’s borders, this move makes total number of crypto exchanges functioning in the country to 10. The circular released by the central bank of Philippines reads: The Bangko Sentral does not intend to endorse any VC, such as Bitcoin, as a currency. Rather, the BSP aims to regulate VCs when used for delivery of financial services, particularly, for payments and remittances…”

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