Web3
BSP Draft Rule Mandates National ID Integration for Licensed VASPs, E-Wallets, and Banks
BitPinas·August 7, 2026·1 min read
The Philippine central bank's draft rule mandates that licensed crypto exchanges, e-wallets, and digital banks integrate with the National ID database within three months. This regulation aims to enhance identity verification and compliance for virtual asset service providers, aligning with broader financial security measures in the country.
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