Crypto Regulations in the Philippines 2025
The Philippines has solidified its position as a regional leader in cryptocurrency adoption, with progressive regulations fueling growth since the Bangko Sentral ng Pilipinas (BSP) first legitimized virtual asset exchanges in 2017. By 2025, the nation ranks 20th globally in crypto wealth—a testament to its tech-literate population, strong remittance economy, and regulatory foresight.
New rules now mandate physical incorporation for crypto Asset Service Providers (CASPs), requiring ₱100 million minimum capital and strict AML compliance. The Philippine SEC oversees registration, ensuring market stability through capital reserve requirements. Notably, the May 2023 launch of a peso-backed stablecoin (PHPC) marked a strategic push toward financial innovation.
