Philippines proposes a 12-month freeze on new payment operators and tighter crypto rules. Bitcoin reaching $200K by December 31, 2026 at 1.4% YES.

The Philippine central bank proposed a 12-month freeze on new payment operator registrations and tighter controls for arrangements involving VASPs.

The BSP proposes a 12-month freeze on new payment operator registrations while tightening crypto VASP requirements and extending its licensing