#CryptoRoundTableRemarks The Crypto Roundtable discussion on June 6, 2024, focused on the evolving regulatory landscape for cryptocurrencies in the Philippines. Key topics included:

- *Regulatory Framework*: The Bangko Sentral ng Pilipinas (BSP) has implemented rules for virtual asset service providers (VASPs), emphasizing anti-money laundering (AML) and know-your-customer (KYC) compliance.

- *Industry Growth*: Despite challenges, the crypto industry in the Philippines is growing, with increasing adoption and innovation.

- *Future Outlook*: Participants discussed potential future developments, including clearer guidelines and increased collaboration between regulators and industry stakeholders.

The discussion highlighted the need for balanced regulation to support innovation while ensuring consumer protection.