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Coins.ph says Philippine central bank license intact amid revocation claims

Coins.ph says its Philippine central bank license remains intact amid reports of possible revocation over alleged offshore gambling transactions.

Coins.ph says Philippine central bank license intact amid revocation claims
Cointelegraph
AI summary

Coins.ph, a major Philippine crypto exchange, has denied reports that its central bank license could be revoked over alleged offshore gambling transactions. The company stated its license remains intact and operational. While the news is specific to one exchange and region, traders should monitor for any regulatory fallout that could affect crypto sentiment in the Philippines.

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