Coins.ph, the largest cryptocurrency exchange in the Philippines, is facing regulatory action from the country's central bank over allegedly handling business transactions with restricted offshore gaming and gambling companies. The exchange claims to have over 18 million customers. This move is expected to have significant implications for the exchange's operations in the country.
Source
"Coins.ph Faces Central Bank Action Over Restricted Transactions" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.
