Philippine cryptocurrency exchanges will obtain licenses from the national central bank
23 August 2017
23 August 2017
In January of 2017, the Philippines government introduced obligatory registration for all cryptocurrency exchanges. The guideline, released by the national central bank, equaled the websites for digital currency exchange with remittance companies. Therefore, they also have to hold licenses and registration with the local anti-money laundering authority.
Today, eight months after the introduction of new rules, two market participants have applied for license acquisition. The news was reported by the central bank CEO Nestor Espenilla Jr.
According to Espenilla, the central bank is keeping abreast with the dynamics in the industry and finds it rather intense: exchanges reach $6 million in volume per month in 2017, which exceeds the highest figures of 2016 threefold. The head of Philippine regulator also emphasized that the government was open for collaboration with all domestic cryptocurrency exchanges.
December 7, 2017
St George`S Bay, St Julians
Malta will become the hub of the fintech industry in Europe!
Three intensive conference sections:
• Blockchain solutions in practice
• ICO trends
• Panel discussion: Legal and Regulatory Challenges in Blockchain
Our participants are entrepreneurs and experts in legislation, blockchain developers, investors, startup founders, bitcoin enthusiasts, financial specialists and bankers, lawyers, representatives of payment systems.
Why you should attend:
• 20 Top-notch Speakers and many industry experts;
• extensive business program of the Conference;
• 3 intensive conference sections;
• best well-known Sponsors;
• more than 16 outstanding Exhibitors
We will be glad to see everyone at Blockchain & Bitcoin Conference Malta 2017!
Meet new speakers and key news of the conference