Coinporta
Buy CryptoExchangesCountriesPayment MethodsWalletsNewsBlogGuides
Find My Exchange
Coinporta

Find where to buy any cryptocurrency in your country, with the payment methods you already have.

Discover

  • Exchanges
  • Coins
  • Countries
  • Payments

Field guide

  • Guides
  • Bitcoin Halving
  • Wallets
  • News
  • Blog

Company

  • About
  • Contact

Exchange comparisons

  • All comparisons

Exchange reviews

  • Coinbase review
  • Kraken review
  • Binance review
  • Gemini review
  • OKX review
  • Crypto.com review
  • Bitstamp review
  • Bybit review

Where to buy

  • Where to buy Bitcoin
  • Where to buy Ethereum
  • Where to buy Tether
  • Where to buy XRP
  • Where to buy BNB
  • Where to buy Solana
  • Where to buy USD Coin
  • Where to buy Dogecoin
  • Where to buy Cardano
  • Where to buy TRON
  • 100+ more coins →

By country

  • Buy crypto in Argentina
  • Buy crypto in Australia
  • Buy crypto in Austria
  • Buy crypto in Bangladesh
  • Buy crypto in Belgium
  • Buy crypto in Brazil
  • Buy crypto in Canada
  • Buy crypto in Chile
  • Buy crypto in Colombia
  • Buy crypto in Czech Republic
  • 50 countries →

By payment

  • Buy crypto with Apple Pay
  • Buy crypto with Bank Transfer
  • Buy crypto with Credit Card
  • Buy crypto with Debit Card
  • Buy crypto with Faster Payments
  • Buy crypto with Google Pay
  • Buy crypto with P2P / Cash
  • Buy crypto with PayPal
  • Buy crypto with Revolut
  • Buy crypto with SEPA
  • More methods →
© 2026 Coinporta. For comparison only — not financial advice.Terms and ConditionsPrivacy PolicyCookie Policy
Home/News/Philippines central bank bans privacy coins on licensed crypto exchanges
BitcoinKE·5h ago·negative

Philippines central bank bans privacy coins on licensed crypto exchanges

The Bangko Sentral ng Pilipinas has ordered all licensed crypto exchanges to delist privacy coins and adopt stricter listing standards, in one of Southeast Asia's toughest regulatory moves against anonymity-enhancing cryptocurrencies.

  • BSP Memorandum M-2026-023 requires all licensed virtual asset service providers to delist privacy-focused digital assets.
  • Exchanges must now conduct enhanced due diligence on token security, liquidity, market integrity, legal compliance, and issuer credibility before listing.
  • Asset-backed and fiat-backed tokens including stablecoins face lifecycle assessments of issuance, reserves, and redemption mechanisms.
  • The rules align with FATF anti-money laundering standards that flag privacy coins as elevated financial crime risks.
  • Individuals can still hold privacy coins in self-custodied wallets, but cannot trade them on BSP-regulated platforms.
regulationImpact 7/10
Why our editor rated this negative

A major Southeast Asian economy is banning privacy coins and tightening listing rules, which restricts crypto access and signals a tougher regulatory stance, though it provides regulatory clarity for compliant exchanges.

Read the full story at BitcoinKE

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

Share
Back to all news
Newsletter

One short email
per week.

Hand-picked crypto picks, rate moves and country alerts. No spam.

One short email per week. Unsubscribe anytime.