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Bitcoin: Philippines Regulator Issues Warning Against Crypto Volatility

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Recently, Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, issued a public warning against unregistered and international crypto service providers. The central bank of the Philippines is the major regulator of the cryptocurrency industry in the country.

According to the release:

“The Bangko Sentral ng Pilipinas (Bangko Sentral) strongly urges the public not to deal with virtual asset service providers (VASPs) that are either unregistered or domiciled abroad.”

https://thenewscrypto.com/philippines-regulator-issues-warning-against-crypto-volatility/

submitted by /u/Glass_Pace_2200
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