The Philippine Central Bank (BSP) indefinitely freezes new cryptocurrency licenses, tightening market access comprehensively.

The Central Bank of the Philippines (BSP) recently announced that the freezing measures for new licenses for cryptocurrency and virtual asset service providers (VASP), originally scheduled to expire this September, will be indefinitely extended. This decision came as a surprise to crypto businesses

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Binance aids in unraveling the ransom mystery of Guo Congyuan's kidnapping case: $3.75 million in cryptocurrency traced on the blockchain.

Binance announced on its official website that its Financial Intelligence Unit (FIU) assisted the Philippine law enforcement agencies in successfully tracking the cryptocurrency ransom involved in the kidnapping case of Guo Congyuan, totaling about $3.75 million (approximately 220 million pesos). Th

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