The Central Bank of the Philippines Approved Two New Cryptocurrency Exchanges

Philippines cryptocurrency exchanges

Philippines cryptocurrency exchanges: The Bangko Sentral ng Pilipinas (BSP) has just approved two new cryptocurrency exchanges, the news outlet BusinessWorld reported July 6th. Presently, there are only five regulated crypto exchanges throughout the entire country.

Chuchu G. Fonacier, BSP Deputy Governor, said that the regulator has approved the applications for ETranss and Virtual Currency Philippines, Inc. The platforms will convert pesos into digital currencies like Bitcoin (BTC) and Ethereum (ETH).

The other cryptocurrency exchanges approved by the central bank are Rebittance, Inc; Betur, Inc (; and BloomSolutions.

Crypto Progress in the Philippines

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

Crypto Currency News

, , , , ,

Comments are closed.