PHILIPPINES’ LARGEST CRYPTO EXCHANGE IN TROUBLE? COINSPH LICENSE AT RISK! The Philippines’ largest crypto exchange, Coins.ph , is reportedly facing potential regulatory action from the Bangko Sentral ng Pilipinas (BSP) over alleged compliance issues linked to offshore gambling transactions. 🔹 Incoming InstaPay and PESONet transfers reportedly restricted. 🔹 Crypto trading reportedly remains operational. 🔹 Coins.ph denies knowingly serving offshore gambling operators. 🔹 The company says its BSP license remains intact. Prolonged restrictions could disrupt Philippine peso-to-crypto conversions and stablecoin liquidity. No confirmed license revocation has been identified. Regulatory scrutiny does not mean the exchange has been shut down.