Philippine central bank sees stablecoins as key to make payments more efficient
Bangko Sentral ng Pilipinas (BSP) Director Mhel Plabasan said the central bank has adopted a flexible approach on the digital assets.
Articles by
Jenny Ortiz
Jenny is a journalist and producer who worked for CNN Philippines for almost a decade. She also worked for Probe Productions, an award-winning production company that produced some trailblazing shows and documentaries on Philippine TV. She is currently an Adenauer Fellow taking up Masters in Journalism at the Ateneo de Manila University – Asian Center for Journalism. She finished her Bachelor in Broadcast Communication degree at the Polytechnic University of the Philippines.
September 2022
August 2022
Philippine central bank halts crypto service provider applications for 3 years
The Bangko Sentral ng Pilipinas (BSP) slaps a moratorium on new virtual asset service provider (VASP) license applications starting Sept. 1.
July 2022
Philippine President Marcos Jr pushes tax on digital services
In his first State of the Nation address, Philippine President Bongbong Marcos Jr. laid out his administration’s plans for the next six years including the imposition of tax on digital service providers that could include crypto exchanges.
Philippine central bank governor says no plan to ban crypto
New Bangko Sentral ng Pilipinas Governor Felipe Medalla is no fan of crypto, but in an exclusive interview with Forkast, he said there’s no plan to outlaw the digital asset.
June 2022
Philippines gets new government, will new crypto taxes follow?
Cryptocurrency companies in the Philippines await legislation from the new Ferdinand Marcos Jr. administration on how the government will tax the industry. Some are worried.