Largest Philippines crypto exchange, Coins.ph, said to face central bank regulatory action
Summary
Coins.ph, the biggest cryptocurrency exchange in the Philippines, is reportedly facing regulatory measures from the country's central bank. The platform allegedly processed business transactions linked to prohibited offshore gaming and gambling operators.
The exchange, which has over 18 million customers, is said to have handled business transactions involving restricted offshore gaming and gambling companies.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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