Coins.ph is aware of recent news reports about our operations, including claims about offshore gaming transactions and our engagement with the Bangko Sentral ng Pilipinas (BSP). We wish to assure our users, partners, and the wider community that we take these matters seriously and remain committed to transparency, regulatory compliance, and the protection of our users.
Coins.ph is committed to serving only legitimate, compliant businesses and maintains strict controls to keep offshore gaming and gambling operators off its platform.We hold ourselves to the requirements and standards of the BSP, AMLC and other regulatory authorities, and full compliance sits at the core of how we operate. As a duly regulated and licensed platform, we are committed to building a safe, trusted, and world-class digital asset ecosystem in the Philippines.
We continue to invest in strengthening our compliance and control functions and work closely with our regulators to enhance our operations. These efforts help us better serve our millions of users, while ensuring we remain well-positioned to serve them as the industry evolves.
Our users’ funds are safe; we continue to operate as a BSP licensed institution. We expect to fully restore affected services soon and will share updates through our official channels.
We value the media’s role in keeping the public informed and welcome the opportunity to share our perspective. We remain open to engaging with journalists and providing accurate information about Coins.ph.
Thank you for the continued trust and patience of our community.
Official Statement from Coins.ph
As a duly regulated and licensed platform, we are committed to building a safe, trusted, and world-class digital asset ecosystem in the Philippines.
