Filippinsk regulator advarer offentligheden om at engagere sig med udenlandske kryptotjenesteudbydere

Filippinernes centralbank, the primary regulator of the country’s crypto sector, har advaret investorer om at engagere sig med uregistrerede og udenlandske kryptotjenesteudbydere. They “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, blandt andre,” the regulator said.

Indhold

The Philippine Central Bank’s Crypto Warnings

Filippinernes centralbank, Filippinernes centralbank (BSP), issued a public warning Tuesday regarding unregistered and foreign crypto service providers. In the Philippines, the central bank is the primary regulator of the crypto sector.

Det fremgår af meddelelsen:

The Bangko Sentral ng Pilipinas (Bangko Sentral) strongly urges the public not to deal with virtual asset service providers (VASP'er) that are either unregistered or domiciled abroad.

The central bank’s website shows that 19 VASPs have been registered as of June.

Besides the risk from price volatility associated with virtual assets (VAs), the central bank explained that VASPs that are based abroad “may present additional challenges on enforcing legal recourse and consumer protection and redress mechanisms for local customers, among others.”

The Bangko Sentral emphasized:

VA dealings are generally considered as high-risk activities which may result in huge financial losses due to price swings.

desuden, the central bank warned that the government does not guarantee protection against financial losses stemming from crypto price fluctuations. “The public should exercise caution, conduct their own due diligence, and always be mindful of the risks prior to engaging with VA-related activities,” the regulator emphasized.

Bangko Sentral ng Pilipinas has urged the public to immediately report unlawful activities facilitated through cryptocurrencies and/or crypto service providers to the central bank.

Sidste uge, centralbanken annonceret that it will stop accepting new VASP license applications for three years, starting Sept. 1. The regulator explained that it “aims to strike a balance between promoting innovation in the financial sector and ensuring that associated risks remain within manageable levels.”

Tags i denne historie

What do you think about the Philippine central bank’s warnings? Fortæl os det i kommentarfeltet nedenfor.

Kevin Helms

Studerende i østrigsk økonomi, Kevin fandt Bitcoin ind 2011 og har været evangelist lige siden. Hans interesser ligger i Bitcoin-sikkerhed, open source systemer, netværkseffekter og krydsfeltet mellem økonomi og kryptografi.




Billedkreditter: Shutterstock, Pixabay, Wiki Commons

Ansvarsfraskrivelse: Denne artikel er kun til informationsformål. Det er ikke et direkte tilbud eller opfordring til et tilbud om at købe eller sælge, eller en anbefaling eller godkendelse af produkter, tjenester, eller virksomheder. Bitcoin-Tidings.com giver ikke investeringer, skat, gyldige, eller regnskabsrådgivning. Hverken virksomheden eller forfatteren er ansvarlig, direkte eller indirekte, for enhver skade eller tab forårsaget eller påstået at være forårsaget af eller i forbindelse med brugen af ​​eller tilliden til noget indhold, varer eller tjenesteydelser nævnt i denne artikel.

Læs ansvarsfraskrivelse