Exclusive: BSP Says Binance, BlockShoals Lack VASP Licenses; Coordinating With SEC on Sandbox
The Bangko Sentral ng Pilipinas (BSP) confirmed that neither Binance nor its local partner, BlockShoals Technologies Inc., holds a Certificate of Authority to operate as a Virtual Asset Service Provider (VASP). The central bank stated that participation in the Securities and Exchange Commission (SEC) regulatory sandbox does not exempt an entity from separate central bank…
