Business · Companies · 1 hr ago
Coins.ph may face BSP action over alleged dealings
Coins.ph may face action from the BSP over alleged dealings.
The BSP restricted deposits made through DCPay Philippines, Coins.ph’s wallet firm, earlier this month.
The restriction applies to deposits made through that firm.
The information available does not explain what the alleged dealings involved.
It also does not say what action the BSP may take.
No further steps or timing are specified, so what happens next is unclear.
The Bangko Sentral ng Pilipinas restricted deposits made through DCPay Philippines earlier this month.
DCPay Philippines is the wallet firm of Coins.ph.
Coins.ph may face BSP action over alleged dealings.
The source does not specify the alleged dealings or the possible action.
- Who
- Coins.ph and its wallet firm, DCPay Philippines; the BSP is the regulator mentioned.
- What
- The BSP restricted deposits made through DCPay Philippines. Coins.ph may face action over alleged dealings.
- When
- The deposit restriction was imposed earlier this month; the article was published on October 14, 2026.
- Where
- Not stated.
- Why
- The source cites alleged dealings but does not describe them.
This story does not have two clearly opposing sides.
The BSP restricted deposits made through DCPay Philippines.
Tech in Asia reported that Coins.ph may face BSP action over alleged dealings.
- Regulator
- BSP
- Wallet firm
- DCPay Philippines
- Company
- Coins.ph
- Deposit restriction
- Imposed earlier this month
- Article publication
- October 14, 2026