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CATEGORY: msb

Money Service Business Loses BSP License Over Compliance Issues
Author: Michael Mislos
Philippines
Source: BitPinas
Dec 17, 2024 02:50

Money Service Business Loses BSP License Over Compliance Issues

The BSP has cancelled multiple registrations this year, including Virtual Asset Services Providers (VASP) license of several crypto exchanges.

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Consumer Caution: Payment Apps and the Risk of Uninsured Deposits
Hong Kong
Source: Blockchain News
Jun 02, 2023 10:35

Consumer Caution: Payment Apps and the Risk of Uninsured Deposits


In the evolving landscape of financial services, nonbank payment app companies are revealing significant gaps in deposit insurance coverage compared to traditional bank and credit union accounts. (Read More)

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