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BSP has issued a partial suspension against DCPay Philippines Inc., the electronic money issuer (EMI) and e-wallet operator behind Coins.ph.

To keep firms from rushing to register new entity structures while the framework is finalized, Section 7(c) imposes a 12-month moratorium on accepting and processing new Operator of Payment System (OPS) registrations.

Another cex, gone from the app stores

.... And Shopee checkout integration? Looks like all PH banks will eventually have crypto!

The suspect said she didn't receive the funds, but blockchain proved otherwise.