The Bangko Sentral ng Pilipinas has tightened its rules for Philippine virtual asset service providers, banning them from listing or supporting anonymity-enhancing virtual assets.
This means licensed VASPs in the Philippines cannot offer tokens designed to obscure transaction details. The restriction targets regulated platforms and their ability to list, support, monitor, and keep such assets available to customers.
The rule is part of a broader effort by the BSP to push Philippine crypto activity into a narrower licensed perimeter, with greater pressure on exchanges to prove that listed assets meet compliance and consumer-protection standards. VASPs must now strengthen pre-listing review, continuous monitoring, and delisting policies for all supported virtual assets.