Philippines Issues Stricter Crypto Listing Rules, Bans Privacy Coins
Summary
The Philippines has tightened crypto oversight with new BSP rules for token listing and monitoring. Licensed virtual asset service providers must now run stronger due diligence before listing assets and keep watching for risks that could trigger suspensions or delistings. The rules also ban privacy coins such as Monero and Zcash from compliant local exchanges. This creates added compliance work for exchanges, token issuers, and other crypto service providers operating in the country.
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