BSP To Stop Accepting New VASP Applications Starting September 1

BSP

BSP said that the regular application window for new VASP licenses will be closed for 3 years. BSP — The Bangko Sentral ng Pilipinas said that the regular application window for new VASP (virtual asset service provider) licenses will be closed for 3 years starting September 1, 2022. In Memorandum Order M-2022-035 signed by BSP … Read more

Axie Infinity Not Considered As Virtual Asset Service Provider — BSP

Axie BSP

Axie Infinity was not considered as a virtual asset service provider, according to BSP. The Bangko Sentral ng Pilipinas (BSP) said that popular online play-to-earn game Axie Infinity wasn’t considered as a virtual asset service provider (VASP). Manila Bulletin reported that the Bangko Sentral ng Pilipinas emphasized in an email interview with Business Bulletin that … Read more