BSP Imposes ₱1B Capital Requirement on Local Banks Operating Digital Models
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas has required thrift, rural and cooperative banks operating digital banking models to meet a ₱1 billion minimum capital floor and adhere to stricter risk management rules. Under Circular No. 1240,
