PayMaya and Facebook's Novi are now included in the Bangko Sentral ng Pilipinas' (BSP) list of Virtual Asset Service Providers (VASPs). VASP refers to any entity that offers services or engages in activities that provide a facility for the transfer or exchange of virtual assets. VCs and other crypto assets are generally called virtual assets (VAs). Moreover, the VASP's products and services include virtual assets/currencies (such as Bitcoin, Ethereum, Ripple, etc.) and e-wallets. Source: BSP ALSO READ: What is a Virtual Asset Service Provider (VASP)? Read more in our articles including "PayMaya, Facebook's Novi now hold BSP license as Virtual Asset Service Providers" and "GoTyme partners with DragonFi for Stock Trading feature".
PayMaya and Facebook's Novi are now included in the Bangko Sentral ng Pilipinas' (BSP) list of Virtual Asset Service Providers (VASPs). VASP refers to any entity that offers services or engages in activities that provide a facility for the transfer or exchange of virtual assets.
VCs and other crypto assets are generally called virtual assets (VAs). Moreover, the VASP's products and services include virtual assets/currencies (such as Bitcoin, Ethereum, Ripple, etc.) and e-wallets. Source: BSP ALSO READ: What is a Virtual Asset Service Provider (VASP)?
Our coverage of Virtual Asset Service Provider includes: "PayMaya, Facebook's Novi now hold BSP license as Virtual Asset Service Providers"; "GoTyme partners with DragonFi for Stock Trading feature"; "GCash, Visa, Mastercard eye PH Fare System Project". Each article provides unique insights and information.