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Coinnounce 2021-01-29 10:02:40

Philippines’ central bank issues new crypto guidelines based on FATF.

Philippines’ central bank has issued new guidelines for the cryptocurrency industry. They include the need to apply for an operating license, the minimum capital for service providers, and stringent anti-money laundering programs. In its statement, the Bangko Sentral ng Pilipinas (BSP) pledged “to provide an environment that encourages financial innovation while safeguarding the integrity and […]
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