Union Bank of the Philippines has secured a license from the Bangko Sentral ng Pilipinas to operate as a virtual asset service provider (VASP). This allows the bank to offer bitcoin trading through its mobile app by Q4 2023, enhancing digital capabilities and expanding its virtual asset exchange services. Clients can conveniently manage both traditional banking and digital assets in one platform.
https://www.philstar.com/business/2023/09/20/2297520/unionbank-gets-bsp-nod-crypto-trading
https://www.philstar.com/business/2023/09/20/2297520/unionbank-gets-bsp-nod-crypto-trading
Union Bank of the Philippines has secured a license from the Bangko Sentral ng Pilipinas to operate as a virtual asset service provider (VASP). This allows the bank to offer bitcoin trading through its mobile app by Q4 2023, enhancing digital capabilities and expanding its virtual asset exchange services. Clients can conveniently manage both traditional banking and digital assets in one platform.
https://www.philstar.com/business/2023/09/20/2297520/unionbank-gets-bsp-nod-crypto-trading