Philippines Cracks Down: Massive Freeze on Payment Operator Registrations & Stricter VASP Scrutiny!

Philippines Cracks Down: Massive Freeze on Payment Operator Registrations & Stricter VASP Scrutiny!

A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms.

This article was originally published by CoinTelegraph. Click through to read the complete story. A central bank proposal would pause new payment operator registrations while requiring enhanced monitoring and transaction limits for arrangements involving virtual asset firms.

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