Coins.ph License Reportedly at Risk Over Gambling Ties, but Platform Denies Claims It Knowingly Serves Offshore Gaming Firms

Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Updated at 1:19 PM: Shortly before this article is published, Coins.ph sent a message to BitPinas, and said they will be providing answers to our set of questions separately: The Bangko Sentral ng Pilipinas’ (BSP) recent directive to freeze inbound bank and e-wallet transfers to Coins.ph is reportedly tied to business transactions involving restricted offshore gaming and gambling operators, according to a report by CoinDesk .