$ETH 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.