Philippines Regulates Crypto Industry with VASP Listings and Blockage

The Philippine government has taken steps to regulate the cryptocurrency industry in the country. According to the BitRss directory, there are currently licensed Virtual Asset Service Providers (VASPs) and platforms that have been blocked by the Securities and Exchange Commission (SEC).

Since 2015, BitRss has been providing timely news and insights on the global crypto landscape. The platform aims to share information in an ethical and transparent way, acting as a reference point for the industry.

The directory lists licensed VASPs that are registered with the Bangko Sentral ng Pilipinas (BSP), while also highlighting SEC-blocked platforms. This move is part of the government's efforts to regulate the crypto market and protect investors.