BSP Wants Stiffer Sanctions, Penalties vs Coin Hoarders, Counterfeiters

BSP

The BSP wanted stiffer sanctions and penalties against coin hoarders and counterfeiters. BSP — The Bangko Sentral ng Pilipinas was proposing a more rigid package of sanctions and penalties against currency counterfeiting and to criminalize the stockpiling of large amounts of coins. According to BSP Governor Benjamin E. Diokno, they’re currently conducting preparatory work, which … Read more