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Regulatory · Philippines · Wed 14 Oct · 2 min read

BSP and BMAP launch ScamCheck.ph verification tool

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What happened

The Bangko Sentral ng Pilipinas (BSP) and the Blockchain and Metaverse Association of the Philippines (BMAP) have jointly launched ScamCheck.ph, a consumer-facing verification tool designed to help the public identify whether a crypto entity is registered or flagged by regulators. The launch was paired with the Scam Ready ASEAN Initiative, signaling a regional dimension to the effort. The source is a BitPinas report published October 13, 2026.

Why it matters

Sources: Google News

  1. CZ pushes ASEAN crypto license passportingCZ advocating for a crypto license passporting system across ASEAN is a lobbying position, not a policy announcement, but it reflects the direction that exchange operators with regional ambitions are pushing regulators toward. For Philippine crypto-accepting iGaming operators, the long-term implication is positive: if a license granted in one ASEAN jurisdiction carries recognition in others, Philippine VASP licenses become more valuable as a regional entry credential, and the compliance infrastructure operators have already built becomes a competitive asset rather than a sunk cost. The near-term read is lower urgency, but executives engaged in BSP and PAGCOR licensing conversations should be aware that ASEAN-level harmonisation is now being actively lobbied by the largest exchange in the region.Regulatory
  2. Morgan Stanley adds ETH and SOL ETPs after Bitcoin winMorgan Stanley launching ether and solana exchange-traded products, after its Bitcoin fund crossed $381 million in assets, is the clearest signal yet that institutional demand for the broader crypto asset class is real and expanding beyond Bitcoin. For Philippine iGaming operators running crypto cashiers or treasury positions, this matters because institutional product infrastructure around ETH and SOL reduces the volatility premium on those assets over time and gives a BSP-facing compliance argument for accepting them as deposit rails. The more immediate read is for operators still treating crypto deposits as a Bitcoin-only problem: player demand for ETH and SOL payment options is going to follow institutional normalisation, and cashier integrations that only handle BTC are already behind.Product