Philippines: Coins.ph denies offshore gaming claims
Photo: CoinGeek
By Cathy Resurreccion . Editor and writer covering blockchain, digital finance, AI, cybersecurity, and emerging technology. TL;DR: Coins.ph, the Philippines ’ largest digital currency exchange, has pushed back against media reports claiming it faces regulatory action over offshore gaming transactions—while the country’s tax agency outlines six digital projects for 2027 and a new ASEAN report reveals Filipino scam victims are disproportionately targeted through e-wallets. Coins.ph , considered to be the largest digital currency exchange in the Philippines with over 18 million users, has issued a formal statement denying that it knowingly served offshore gaming or gambling operators, following media reports…
Source: CoinGeek
