Policy Reference

Philippines

Explore Philippines crypto laws, including BSP VASP rules, exchange registration, taxes, AML compliance, and digital asset regulation.

Bangko Sentral ng Pilipinas (BSP)
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Topic
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Law database

2 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Philippines BSP VASP Guidelines Circular No. 1108, Series of 2021; MORNBFI-M Sec. 161-M Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

BSP Circular No. 1108: Guidelines for Virtual Asset Service Providers (VASP)

Philippines BSP framework for VASPs as money service businesses, covering COA authority, capital, AML/CFT, Travel Rule, custody, cybersecurity, consumer protection and reporting.

Last action: Jan 30, 2026 - BSP issued M-2026-003 on risk management when BSFIs deal with VASPs and offshore counterparties.

Profile State source
Philippines SEC CASP Rules and Guidelines (2025) SEC MC Nos. 04 and 05, Series of 2025 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

SEC Rules on Crypto-Asset Service Providers and SEC Guidelines on the Operations of Crypto-Asset Service Providers

Philippines SEC circulars establishing a CASP framework for crypto-asset services, including registration, disclosures, marketing, custody, cybersecurity, reporting, and enforcement.

Last action: Jul 5, 2025 - Reported effectivity date

Profile SEC MC No. 04, Series of 2025 – CASP Rules

Information is for general purposes only and not legal advice. See full disclaimer.