Philippines Crypto Regulation Analysis

Data-led explainers on the BSP's licensing of crypto firms in the Philippines.

• 6 Crypto Firms and 2 Banks Are Licensed in the Philippines. None of the 10 Global Exchanges We Checked Is on the BSP List

  21 Oct 2026 · The central bank's list of virtual asset service providers: who is on it and which global names are missing.

• The Philippines Has Kept Its Window for New Crypto Licences Closed Since 2022

  21 Oct 2026 · How the BSP closed its regular application window in 2022 and continued the moratorium in 2025.

• Philippine Crypto Exchanges May Not List Privacy Coins Under New BSP Token Rules

  21 Oct 2026 · What Memorandum M-2026-023 requires before a VASP lists a coin or token.