• Written by: Michael Mislos
  • Fri, 03 Jan 2025
  •   Philippines

The Monetary Board, the policymaking body of the Bangko Sentral ng Pilipinas (BSP) has canceled the Certificate of Registration of ETRANSS INTERNATIONAL REMITTANCE CORP. to operate as a Type A Remittance Agent with Virtual Asset Service Provider (VASP) functions. Why it matters: The BSP has cancelled multiple crypto exchanges licenses in the past year alone,...

JUST IN: BSP Monetary Board Cancels VASP License of Early Crypto Exchange ETRANSS