Licensing Freeze: Why BSP Has Not Lifted the VASP Moratorium
Bangko Sentral ng Pilipinas (BSP) has kept its moratorium on new Virtual Asset Service Provider (VASP) licenses in place for more than four years: a cautious and deliberate stance toward the rapidly evolving crypto ecosystem. Observably, digital asset adoption continues to grow across the globe, yet the BSP depicts a regulatory philosophy: innovation must be […]
LANDBANK Allegedly Faces Multiple COA Flags
Land Bank of the Philippines, one of the country’s largest government financial institutions and second largest bank, is facing a series of operational and governance challenges emphasized in recent media reports. Ranging from accounting discrepancies and compensation surges to credit line validation gaps and asset valuation concerns, LANDBANK under the spotlight indicates the complex environment […]