News · Crypto · Cointelegraph · Wed, Oct 14, 2026 1:00 PM
Coins.ph confirms BSP license intact amid revocation rumors
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Coins.ph assures regulators its BSP license remains valid after claims of revocation linked to offshore gambling.
Coins.ph has stated that its license from the Bangko Sentral ng Pilipinas (BSP) remains active, despite reports that the regulator might revoke it over alleged offshore gambling transactions.
The company emphasized that the licensing decision has not changed and that it continues to operate under the same regulatory framework.
Regulatory context
Investors and users of the platform may view this reassurance as a stabilizing factor for Coins.ph’s operations and its associated services.
Based on reporting from Cointelegraph. Read the original.
OpenBook analysis
Market impact
The confirmation may reassure users and investors in Coins.ph, potentially stabilizing its token or platform valuation. Traders may monitor future regulatory developments in the Philippines that could influence crypto exchange licensing.
General market context for education only, not investment advice.
This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections