Coins.ph, the Philippines' largest crypto exchange with over 18 million customers, faces a possible license loss, two people told CoinDesk. A revocation would remove the venue handling some 75% to 80% of the country's peso-to-stablecoin liquidity.
Perspective Coverage
3 publishers
- Builder
- Builder 12%
- Operator
- Operator 43%
- Investor
- Investor 45%
Reality
- Evidence40
- Adoption
- Not scored
- Hype gap+25
- Incentives
- Not scored
- Confidence55
Philippines' Court of Appeals has frozen 116 assets tied to an unnamed lawmaker, 25 of them crypto wallets, in a flood-control plunder probe. For exchanges and custodians, what the order means depends on how much those wallets hold.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+20
- Incentives
- Not scored
- Confidence62
ASEAN+3 weighs a standing rapid financing facility after 17 CMIM test runs
The Bangko Sentral ng Pilipinas and Japan's Ministry of Finance co-led technical talks in Puerto Princesa on making the CMIM rapid financing facility permanent and on settling more regional trade in local currencies.
Reality
- Evidence38
- Adoption
- Not scored
- Hype gap+12
- Incentives42
- Confidence46
BSP's draft would close the Philippine payment-licence window for twelve months
The Bangko Sentral ng Pilipinas has drafted a year-long stop on new payment system operator applications while it rebuilds licensing. The same circular pushes crypto and remittance merchants into direct-only bank relationships with caps.
Reality
- Evidence30
- Adoption10
- Hype gap+20
- Incentives60
- Confidence35
EMEAP's scam task force moves fraud data sharing from goodwill to supervision
Eleven Asia-Pacific central banks approved a standing scam-intelligence channel and put AI in front of their supervisory heads. The account comes from one member, with no timetable attached.
Reality
- Evidence34
- Adoption26
- Hype gap+22
- Incentives58
- Confidence42