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Market · Philippines · Mon 5 Oct · 1 min read

Coins.ph cash-in suspension signals deeper BSP pressure

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What happened

ph from bank and e-wallet funding rails on October 3, and this cluster confirms the platform issued a formal statement to users about the cash-in suspension. This is not a technical glitch: it is a regulated operator communicating a material disruption to its core funding mechanism to its user base, which is the disclosure behavior of a platform managing a genuine compliance crisis.…

Sources: Google News

  1. Thailand opens BTC and ETH ETF accessThailand's updated crypto regulations, effective October 16, permitting local asset managers to launch bitcoin and ether ETFs on the Thai stock exchange is a meaningful regulatory step for the broader APAC institutional crypto market. This gives Thai-based institutional capital a regulated, exchange-traded on-ramp to crypto exposure without requiring direct custody, which deepens the regional investor base for both assets.…Regulatory