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Resumen de Philippines set to bolster virtual currency rules

Brian Yap

  • The article discusses the plan of the Bangko Sentral ng Pilipinas (BSP) the central bank of the Philippines, to tighten regulations on virtual currencies such as bitcoin and its operators. Topics covered include the Philippine government's campaign against money laundering and money routed to accounts at Rizal Commercial Banking Corp. (RCBC) that was subsequently transferred to local casinos following a cyber attack against a Bangladesh Central Bank account in February 2016


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