C

Coins.ph

Digital wallet, bill payments, crypto trading

General Manager

Full-TimePosted on 10/19/2026
No salary listed
Expert
Taguig, Metro Manila, Philippines
Hybrid
Business & Strategy

About the job

Requirements
  • More than 12 years of experience in financial services, including at least 5 years in a senior leadership role with P&L or business-unit accountability.
  • Experience in a digital bank, fintech, e-money or payments company, or a BSP-regulated financial institution.
  • A demonstrated track record of managing regulator relationships, ideally including direct engagement with the BSP, the SEC, or the AMLC.
  • Established relationships with government, regulators, industry associations, and senior decision-makers in the Philippines' financial sector.
  • Experience in institutional sales, business development, or partnerships with banks and financial institutions.
  • Strong understanding of the Philippine regulatory landscape for banks, e-money issuers, and virtual asset service providers, including BSP and AMLA requirements.
  • Understanding of cryptocurrencies, digital exchanges, blockchain, and digital assets.
  • Broad understanding of payments, digital banking, and retail and institutional financial products.
  • Ability to lead, inspire, and develop teams across multiple functions.
  • Ability to represent the company credibly with regulators, government, and the media.
  • Ability to craft a clear narrative around a broad portfolio of solutions to meet customer and partner objectives.
  • Ability to operate autonomously and build from the ground up.
  • Sound judgment, integrity, and a strong ethical compass in a regulated environment.
Responsibilities
  • Own the Philippines business plan and P&L, set targets, and deliver revenue, growth, and profitability goals across consumer, merchant, and institutional segments.
  • Lead and develop the local leadership team and the Philippines organization, building a high-performance, compliance-first culture.
  • Work with Group leadership, Product, and Engineering to shape the product roadmap around local market needs, regulatory developments, and competitive moves.
  • Assess and develop new product and partnership opportunities with significant, long-term revenue potential.
  • Act as the primary point of contact with the BSP and the SEC, managing regulatory interactions, inquiries, examinations, and compliance-related engagements.
  • Serve as the main contact for Government Relations matters, overseeing and resolving cases across relevant agencies such as the AMLC, the National Privacy Commission, and the BIR.
  • Build and maintain relationships with senior officials, policymakers, and industry bodies, and represent Coins.ph in consultations on emerging digital asset and payments regulation.
  • Partner with the Chief Compliance Officer, Legal, and Risk to ensure the business operates within regulatory requirements and licensing conditions.
  • Build and grow strategic relationships with banks, digital banks, fintechs, payment providers, and institutional clients to expand Coins.ph's reach and product offering.
  • Develop and execute a go-to-market strategy for institutional and B2B clients in line with business plan targets, increasing wallet share and client satisfaction for existing relationships.
  • Represent the interests of clients and partners within the broader Coins and AsiaNext ecosystem.
  • Represent Coins.ph as its public face in the Philippines at industry events, media engagements, and community activities.
  • Develop and champion growth strategies that deepen trust and adoption among Filipino users.
  • Travel for regulator and stakeholder meetings, regional roadshows, and Group alignment sessions.
Desired Qualifications
  • Experience in a high-growth, entrepreneurial environment is strongly preferred.
  • Deep crypto expertise is an advantage but not required.

About the company

C

Coins.ph

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Website

Coins.ph is a digital wallet and financial services platform in the Philippines. It lets users pay bills (utilities, government services, telecom), buy mobile load, and trade cryptocurrencies like Bitcoin, Ethereum, and Bitcoin Cash. The service targets individuals who want an easy way to manage money and pay for services, as well as small businesses that need simple payment workflows. Transactions incur small fees, and Coins.ph earns through partnerships and rebates with service providers. A cardless ATM feature allows cash withdrawals without a physical card. The product is designed to be simple and accessible, aiming to make financial tasks fast and convenient. The company’s goal is to provide seamless, all-in-one financial services that expand access to digital money for Filipinos.

Company Size

201-500

Company Stage

Series C

Total Funding

$40.1M

Headquarters

Manila, Philippines

Founded

2014

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What believers are saying

  • August 2026 Bayad partnership doubled billers to nearly 300, improving daily utility.
  • Coins.ph processed nearly ₱30 billion in QRPh transactions during December 2025.
  • August 2026 Skyro partnership expands QR Ph disbursements across 10,000 partner stores and 4,000 merchants.

What critics are saying

  • BSP restricted DCPay inbound InstaPay and PESONet transfers on September 29, 2026.
  • March 2026 phishing via compromised notifications exposed trust gaps in Coins.ph's messaging vendor.
  • If DCPay restrictions persist, wallet funding weakens and users migrate to GCash, Maya, or banks.

What makes Coins.ph unique

  • Coins.ph unified QRPh stablecoin checkout, launched April 2026, spans 700,000 merchants.
  • June 2026 Clear Junction deal extends Coins.ph into EUR, GBP, SEPA, and Faster Payments.
  • August 2026 Tempo integration adds stablecoin gas abstraction and sub-second cross-border settlement.

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Benefits

  • Remote Work Options
  • Hybrid Work Options
  • Flexible Work Hours
  • Unlimited Paid Time Off
  • Paid Vacation
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Wellness Program
  • Mental Health Support
  • Gym Membership
  • Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Haldanes
Oct 16th, 2026
Asia gaming weekly news bulletin - ISSUE 86 week of 12 October 2026.

Asia gaming weekly news bulletin - ISSUE 86 week of 12 October 2026. 16/10/2026 Macau's gaming tax revenue grew 5.9% year-on-year to 74.56 billion Patacas in the first nine months of 2026, fulfilling over 80% of the annual budget and accounting for 84.1% of total government revenue. Chief Executive Sam Hou Fai confirmed that full-year GGR projections remain unchanged. Coins.ph, the Philippines' largest crypto exchange, is facing central bank disciplinary action and potential license revocation over transactions linked to restricted offshore gambling platforms. The Bangko Sentral ng Pilipinas (BSP)'s restrictions on its deposit channels threaten significant disruptions to the country's stablecoin and remittance liquidity. Between 2024 and mid-2026, over 15,000 dummy account holders were arrested for money laundering linked to illegal online gambling in Hong Kong. Amid mounting regulatory scrutiny, authorities are urging financial institutions to deploy AI-driven detection tools while enforcing strict penalties against illicit betting networks. (4) Singapore Gambling Regulatory Authority Expands AI Governance as Local Casino Patronage Drops to 91,000 Singapore's Gambling Regulatory Authority reported a third consecutive annual drop in local casino visitors, down to 91,000 patrons in 2025. In response, the regulator is expanding AI tools - including legislative chatbots and automated audit anomaly detection - to enhance compliance oversight across integrated resorts. (1) Macau's Gaming Tax Revenue Rises 5.9% in First Nine Months of 2026, Reaching 74.56 Billion Patacas and Achieving 80% of Annual Budget (Photo Credit: exmoo.com) Official data released by Macau's Financial Services Bureau indicates that gaming tax revenue for the first nine months of 2026 reached approximately 74.56 billion Patacas, marking a 5.9% increase compared to the same period last year. For the month of September alone, gaming tax revenue stood at nearly 8.39 billion Patacas, representing a 7.4% increase from August and underscoring gaming levies as the primary pillar of government current revenue. As of September 30, total government current revenue reached approximately 88.71 billion Patacas, with gaming taxes accounting for roughly 84.1% of the total. Given the 2026 budgeted gaming tax revenue of approximately 92.53 billion Patacas, the first nine-month figures have already achieved about 80.6% of the full-year target, demonstrating the continued resilience of the territory's fiscal fundamentals under the current 10-year gaming concession framework. Chief Executive Sam Hou Fai recently noted that the government currently has no plans to adjust its initial full-year gross gaming revenue (GGR) projection of 236 billion Patacas, though ongoing operational performance and tax reconciliation cycles in the final quarter will determine the final fiscal outcome for the year. (2) Philippines' Largest Crypto Exchange Coins.ph Faces Central Bank Disciplinary Action Over Offshore Gambling Transactions, Risking License Revocation (Photo Credit: BLOCK TEMPO) Coins.ph, the largest cryptocurrency exchange and electronic wallet platform in the Philippines, is facing severe disciplinary action from the country's central bank, the Bangko Sentral ng Pilipinas (BSP). The regulatory crackdown stems from allegations that the exchange processed transactions for restricted offshore online gambling entities, a violation that could potentially lead to the revocation of its operating license. As a core player in the global remittances market - handling over 18 million users and maintaining roughly 75% to 80% of the Philippine Peso-to-stablecoin liquidity pool - any suspension or revocation of Coins.ph's license would create a massive liquidity void and send shockwaves across the regional cryptocurrency ecosystem. In early October, the BSP restricted deposit channels for DCPay Philippines, the parent entity of Coins.ph, following the departure of several high-ranking compliance and anti-money laundering executives earlier in the year. Industry observers note that the regulatory friction highlights the ongoing compliance dilemma in Southeast Asia, where strict central bank bans on digital wallets routing gambling funds collide with unresolved demand from offshore operators seeking stablecoin payment rails. (3) Rampant Online Gambling Money Laundering Leads to Over 15,000 Dummy Account Arrests Over Three Years as Hong Kong Authorities Push AI-Powered Detection (Photo Credit: on.cc) Illegal gambling syndicates increasingly exploit online platforms and dummy bank accounts to launder illicit proceeds. In response to an oral query raised by Legislative Councillor Nixie Lam regarding measures to support financial institutions in intercepting illicit betting transactions and regulating illegal online content, government authorities disclosed comprehensive anti-money laundering statistics for the 2024 to 2026 period. The data reveals that over 90% of individuals arrested for money laundering were holders of dummy (puppet) accounts. Specifically, out of 8,607 arrests in 2024, 7,680 involved dummy account holders; in 2025, 4,576 out of 4,949 arrestees were dummy account holders; and in the first half of 2026, 2,899 out of 3,095 arrestees were similarly implicated. Successful convictions have accelerated, rising from 568 in 2024 and 691 in 2025 to 627 convictions recorded in the first half of 2026 alone. Authorities emphasized that the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have issued joint guidelines urging financial institutions to deploy artificial intelligence and advanced technology to monitor suspicious transactions and freeze illicit assets. Law enforcement agencies continue to clamp down on online syndicates, reminding the public that participating in or promoting illegal gambling carries severe penalties of up to HK$5 million in fines and 7 years' imprisonment. (4) Singapore Gambling Regulatory Authority Expands AI Governance as Local Casino Patronage Drops to 91,000 (Photo Credit: exmoo.com) The Gambling Regulatory Authority (GRA) of Singapore released its annual report, revealing that approximately 91,000 local citizens and permanent residents entered the city-state's two integrated resorts (Marina Bay Sands and Resorts World Sentosa) in 2025. This represents a 3.2% decline from 94,000 patrons in 2024 and marks the third consecutive annual decrease since 2022, when local attendance stood at 104,000. Local patrons now account for roughly 2.7% of Singapore's adult population. To bolster regulatory oversight while maintaining low crime rates in and around casino premises, the GRA is advancing an AI master plan. The regulator is expanding the use of artificial intelligence and digital tools across its operational and compliance frameworks. Key initiatives include implementing smart AI chatbots to assist regulatory staff in navigating financial and gaming legislations, as well as deploying AI algorithms to automatically audit log records and flag suspicious or anomalous transaction patterns. The decline in local patronage coincides with Singapore's increased levy policy introduced in 2019, which raised entry taxes for local residents to SGD 150 for single-day passes and SGD 3,000 for annual passes, reflecting the efficacy of social safeguards alongside modern technological enforcement.

Analytics Insight
Oct 14th, 2026
Coins.ph faces possible license revocation over gambling allegations.

Coins.ph faces possible license revocation over gambling allegations. Philippine cryptocurrency exchange Coins.ph faces potential regulatory penalties over alleged offshore gambling transactions. The central bank has reportedly restricted deposits, while the company denies wrongdoing and maintains that customer funds remain safe. Published on: 14 Oct 2026, 7:45 am Updated on: 14 Oct 2026, 7:45 am Coins.ph, one of the Philippines' largest cryptocurrency exchanges, faces potential regulatory penalties over allegations involving offshore gambling operators. Two people familiar with the matter said Bangko Sentral ng Pilipinas (BSP) could revoke the company's operating license. The central bank has reportedly restricted deposits through the exchange's primary wallet provider, DCPay Philippines. Meanwhile, Coins.ph denies knowingly serving offshore gambling businesses and maintains that customer funds remain safe. The allegations place a major Philippine cryptocurrency platform under scrutiny. Coins.ph serves more than 18 million customers and handles approximately $50 million in daily spot trading volume. According to one source, losing its license could severely disrupt the country's cryptocurrency ecosystem. Coins.ph faces regulatory scrutiny over gambling claims. The regulatory concerns reportedly involve transactions linked to offshore gambling companies. Sources familiar with the situation said the alleged violations could expose Coins.ph to severe penalties, including the loss of its license. At the beginning of October, BSP reportedly imposed restrictions on deposits through DCPay Philippines, the exchange's main wallet company. Unlike routine temporary suspensions, the reported restrictions carried no specified end date. One person familiar with the matter said regulators provided no reason for the measure. Meanwhile, the central bank had not responded to requests for comment when the original report appeared. The developments also follow departures from the company's compliance department. Former chief compliance officer Lexi Herrera, anti-money laundering transaction monitoring head Chris Beaño, and money laundering reporting officer Irish Calagui have left the company. These departures occurred as questions emerged about the exchange's compliance practices. Nevertheless, the available information does not establish whether the staffing changes relate directly to the reported regulatory action. Coins.ph denies serving offshore gambling operators. Following the report, Coins.ph rejected allegations that it knowingly provided services to offshore gaming or gambling businesses. The company maintained that it continues to meet regulatory requirements. It also confirmed that it remains a BSP-licensed institution. Furthermore, Coins.ph assured customers that their funds remain safe and expressed confidence in restoring affected services soon. The exchange said its operations follow standards established by the BSP, Anti-Money Laundering Council (AMLC), and other authorities. It also expressed willingness to engage with journalists about its operations. Yet the allegations follow earlier restrictions on gambling-related financial services in the Philippines. More than a year earlier, BSP ordered supervised institutions to remove direct gambling access from electronic wallet applications. According to people familiar with the situation, several gambling businesses subsequently moved toward Coins.ph. Another source said cryptocurrency and stablecoin services allowed those businesses to make payments to offshore partners. Philippines crypto market faces potential liquidity risks. Coins.ph reportedly controls approximately 75% to 80% of Philippine peso-to-stablecoin liquidity. Consequently, regulatory action against the exchange could affect an important channel for cryptocurrency transactions. The Philippines also ranks as the world's fourth-largest recipient of remittances. More than 10.8 million Filipinos live abroad, according to the Commission on Filipinos Overseas. These overseas communities send approximately $43 billion home annually. Although banks and conventional money transfer providers handle most remittances, stablecoins offer another channel for moving funds. Coins.ph has operated for roughly 12 years, initially providing cryptocurrency wallet and exchange services before expanding into broader financial products. Its ownership also changed during that period. Indonesian technology company Gojek acquired Coins.ph for $95 million in January 2019. Gojek subsequently sold the business to Wei Zhou, a former Binance chief financial officer. The company now faces regulatory uncertainty while continuing to operate under its existing BSP license. Conclusion. Coins.ph faces possible regulatory penalties following allegations involving offshore gambling transactions. The exchange denies knowingly serving gambling operators and says customer funds remain secure. Meanwhile, reported deposit restrictions and compliance staff departures have raised questions about its operations. Any license revocation could affect the platform's substantial share of Philippine peso-to-stablecoin liquidity.

The News Crypto
Oct 14th, 2026
Coins.ph gambling link allegations put crypto exchange license at risk.

Coins.ph gambling link allegations put crypto exchange license at risk. Sarayu Krishna Published on Oct 14, 2026 at 10:46 AM * Coins.ph faces regulatory scrutiny as the Bangko Sentral ng Pilipinas is weighing potential sanctions over allegations of processing transactions for restricted offshore gambling operators. * License revocation remains a possibility, depending on the severity and extent of any violations established by regulators. Coins.ph, the largest cryptocurrency exchange in the Philippines, is facing potential regulatory action from the Bangko Sentral ng Pilipinas. The allegations are that it processed transactions for restricted offshore gambling operators. The central bank is weighing sanctions against the exchange, and license revocation remains on the table depending on how deep the violations run. The exchange has over 18 million customers and handles roughly 75% to 80% of all trading between the Philippine peso and stablecoins. Its 24-hour spot trading volume is about $50 million. A license revocation at this scale would not affect Coins.ph, it would reshape the local digital asset market. The background traces to a regulatory shift last year when the BSP moved to limit gambling activity through e-wallet applications. It is ordering supervised financial institutions to block in-app access to gambling sites. According to the sources, several gambling operators responded by migrating their transactions to Coins.ph, using crypto and stablecoins to pay offshore partners. This effectively routes around the restrictions the central bank had put in place. Earlier this month, the BSP moved first with a softer tool, restricting deposits into Coins.ph through DCPay Philippines. It is a key e-wallet operator for the exchange, via InstaPay and PESONet. No reason was given publicly, and no end date was set. Deposit restrictions are typically the opening move in a regulatory review, not the conclusion. The compliance departures. What makes the situation harder to read from the outside is the departure of three senior compliance figures in the period leading up to the restrictions. Chief Compliance Officer Lexi Herrera, AML transaction monitoring head Chris Beano, and money laundering reporting officer Irish Calagui have all left the company. In addition, the compliance exits during regulatory pressure can signal internal disagreement over how to respond, or they can simply reflect the stress that comes with heightened scrutiny. Either way, the timing draws attention. Why this matters beyond the exchange? The Philippines is the world's fourth-largest remittance recipient, with more than 10.8 million Filipinos living abroad and annual inflows of approximately $43 billion. Most of that moves through banks and traditional money transfer operators. Moreover, Coins.ph's dominant share of peso-stablecoin liquidity means any significant disruption to its operations would be felt across the broader remittance and crypto ecosystem in the country. Coins.ph was acquired by Indonesian technology company Gojek for $95 million in January 2019. Later sold to Wei Zhou, formerly Binance's chief financial officer. Also, the allegations have not been formally adjudicated. Crypto Market Highlights

AffluenceR
Oct 14th, 2026
Philippine regulatory authorities investigate Coins.ph over alleged involvement in gambling transactions.

Philippine regulatory authorities investigate Coins.ph over alleged involvement in gambling transactions. The Philippine cryptocurrency exchange Coins.ph is reportedly facing heightened scrutiny from the Bangko Sentral ng Pilipinas (BSP) due to alleged transactions connected to restricted offshore gambling operators, raising questions about its regulatory compliance. * Coins.ph is reportedly under regulatory scrutiny over alleged financial transactions related to restricted offshore gambling. * Philippine regulators have restricted incoming InstaPay and PESONet transfers via DCPay, impacting Coins.ph's wallet funding services. * Despite these restrictions on incoming deposits, Coins.ph has confirmed that cryptocurrency trading and outgoing transfers are still operational. * The exchange functions through separate entities dedicated to cryptocurrency services and electronic money payment operations. * In August 2025, the BSP instructed financial institutions to eliminate links to gambling access from payment applications. The allegations, raised in reporting on October 13 by insiders, suggest that the exchange may have processed payments for offshore gaming businesses. Coins.ph has not publicly addressed these allegations, and there is no official BSP finding confirming gambling-related misconduct. However, the exchange has acknowledged that improvements to its internal controls have been mandated by the central bank and certain payment services have been restricted. Coins.ph under investigation for alleged gambling payments. Sources familiar with the regulatory issues claim that Coins.ph allegedly involved itself in transactions with offshore gambling companies that are prohibited in the Philippines. One source indicated that these compliance shortcomings could jeopardize the company's operating license, although no official revocation notice has been announced. The allegations surfaced following the BSP's decision to restrict incoming transactions through DCPay Philippines, which provides the electronic money services for Coins.ph's peso wallet. These restrictions hinder transfers through InstaPay and PESONet, two vital payment networks utilized for moving Philippine pesos among participating financial institutions. Coins.ph has confirmed that the BSP has mandated enhancements to its internal controls. The company stated that incoming peso transfers via InstaPay and PESONet, in addition to QRPH collection services, would be temporarily disabled while it addresses the regulator's requirements. The public statement did not attribute the restrictions to gambling-related transactions. The BSP has yet to publicly affirm that Coins.ph breached any gambling regulations, and official records do not indicate that its cryptocurrency exchange license has been suspended or revoked. Recent reports regarding the company's compliance operations have noted the resignation of several high-ranking personnel, including compliance chief Lexi Herrera, anti-money laundering transaction monitoring head Chris Beaño, and money laundering reporting officer Irish Calagui. The exact circumstances surrounding their departures have not been determined independently. Neither Coins.ph nor the regulator has indicated that these personnel changes are linked to confirmed regulatory infringements. Impact of BSP restrictions on Coins.ph deposits but not trading. The payment restrictions began impacting Coins.ph customers in late September, hindering their ability to add Philippine pesos through specific banking methods. The exchange maintains its electronic money and cryptocurrency operations through distinct regulated entities. DCPay Philippines provides electronic money services and facilitates peso transfers, while Betur Inc. operates the virtual asset business under the Coins.ph name. The company's user agreement delineates the services of these two entities under BSP supervision. The restrictions pertain to DCPay's payment services and do not inherently indicate that Betur has lost its authorization to function as a cryptocurrency exchange. Coins.ph assured customers that they could still access various services, including cryptocurrency trading, outgoing transfers, bill payments, and QRPH payments. The platform emphasizes that customer funds continue to be safeguarded under applicable BSP regulations. The official service status page has shown ongoing maintenance for InstaPay and PESONet cash-in services during the recent reviews. Since September 29, incoming InstaPay transfers have continued to carry an unresolved maintenance notice, while cryptocurrency spot trading and outgoing bank transfers were reported as operational. Customers thus face limitations on specific peso funding methods, although they can still access their existing accounts and available cryptocurrency services. Previously, incoming bank transfers had faced restrictions due to the BSP's intervention against DCPay. Earlier reports confirmed that outgoing transfers remained accessible and that the cryptocurrency trading operation is legally distinct from the impacted electronic money services. BSP tightened regulations on online gambling payments in 2025. The current allegations emerge within a context of stricter regulations governing online gambling payments in the Philippines. In August 2025, the BSP instructed regulated financial institutions to eliminate features enabling customers to directly access gambling platforms from their payment apps and websites. The BSP Memorandum M-2025-029, dated August 14, mandated the removal of gambling access links within 48 hours. This directive followed a Monetary Board decision to suspend such features while officials crafted standards for payment services related to online gambling. The memorandum specifically targeted links that direct customers from financial applications to gambling sites without instituting an outright prohibition of all financial transactions involving licensed gaming enterprises. In a separate regulatory proposal, the BSP introduced requirements for financial institutions offering online gambling payment services, emphasizing enhanced customer protections and safeguards against financial misconduct. This proposed framework includes customer and beneficial owner identification, transaction monitoring, and institutional responsibilities. Coins.ph's terms expressly forbid the use of its services for illegal gambling and specific unauthorized gaming activities. Its prohibited-business provisions encompass illegal gambling operations, sports betting, and other restricted activities. The presence of these restrictions does not determine whether Coins.ph engaged in the transactions specified in the allegations. Verification of whether prohibited businesses utilized its services would necessitate transaction records, compliance reports, or an official regulatory assessment that has not been publicly disclosed. Coins.ph awaiting further regulatory updates. Having been operational in the Philippine cryptocurrency market since 2014, Coins.ph boasts over 18 million registered users. The company underwent ownership changes in 2019, when Indonesian technology firm Gojek acquired it for a reported USD 95 million. Subsequently, in 2022, the platform was sold to an investment group consisting of Joffre Capital and former Binance chief financial officer, Wei Zhou. Presently, Coins.ph provides cryptocurrency trading, digital wallets, domestic payments, and remittance services. The BSP's public payment-system register lists DCPay Philippines under the Coins.ph business name, categorizing it as a registered operator of a payment system, while Betur is listed separately in the regulator's records. Coins.ph has indicated that it is collaborating with the central bank to complete necessary improvements to its internal controls within the timelines set by the regulator. The company has not specified a date for resuming the suspended cash-in services. The latest Coins.ph service advisory reassures customers that their funds remain secure under BSP guidelines, confirming that incoming InstaPay and PESONet transfers and QRPH collection services are temporarily unavailable, while cryptocurrency trading, outgoing transfers, and bill payments continue to function.

Coinfomania
Oct 14th, 2026
Coins.ph faces regulatory scrutiny over alleged gambling links.

Coins.ph faces regulatory scrutiny over alleged gambling links. October 13th, 2026 Coins.ph is facing scrutiny from the Central Bank over alleged gambling links. This could impact its operational license - here's why it matters. Quick take. Summary is AI generated, newsroom reviewed. * Coins.ph is under regulatory scrutiny from the BSP over gambling allegations. * The exchange has over 18 million registered users in the Philippines. * Restricted peso transfers could impact Coins.ph's operations significantly. Sponsored: Coinfomania - Get your ad in the spotlight. Book your slot! Coins.ph, a major player in the Philippine cryptocurrency market, is reportedly facing scrutiny from the Bangko Sentral ng Pilipinas (BSP) over allegations that it facilitated transactions for restricted offshore gambling operators. This situation raises concerns about the potential impact on its operational license, especially after the BSP restricted certain peso transfers. For more details, check the tweet from WuBlockchain. Inside the move. The regulatory scrutiny comes as the broader crypto market continues to show mixed signals. Coins.ph, which boasts over 18 million registered users, must navigate these challenges carefully. The BSP's recent restrictions on peso transfers to Coins.ph's e-wallet operator, DCPay Philippines, further complicate the exchange's operational landscape. The departure of several senior compliance executives adds to the uncertainty surrounding the exchange's future. What Coinfomania know. * Coins.ph is under investigation by the Bangko Sentral ng Pilipinas. The scrutiny relates to allegations of facilitating transactions for restricted gambling operators. The BSP has imposed restrictions on peso transfers to DCPay Philippines. Coins.ph has over 18 million registered users in the Philippines. Several senior compliance executives have recently departed the company. Market snapshot. Currently, there are no reported trading volumes for Coins.ph, indicating a potential halt in activity amid the ongoing regulatory investigation. The lack of trading volume reflects market caution as traders await clarity on the regulatory landscape. The uncertainty surrounding the exchange could lead to wider implications for other crypto platforms operating in the Philippines, especially with the central bank's increasing oversight. Coins.ph operates as one of the largest cryptocurrency exchanges in the Philippines, providing services to millions of users. The Bangko Sentral ng Pilipinas oversees the regulatory framework for financial institutions in the country, including cryptocurrency exchanges, ensuring compliance with local laws and regulations. What traders are watching next. Traders should watch for updates regarding the ongoing investigation into Coins.ph, as this could significantly impact user confidence and trading activity. The exit of compliance executives indicates potential internal challenges that may affect operations moving forward. Additionally, any further restrictions imposed by the BSP could reshape the landscape for cryptocurrency exchanges in the Philippines, making it crucial for stakeholders to monitor regulatory developments closely.