Philippine crypto platform Coins.ph confirmed on Oct. 14 that customer funds are safe and that it is working to restore affected services following the Bangko Sentral ng Pilipinas (BSP) intervention. The BSP directed Coins.ph to enhance its internal controls, specifically to exclude offshore gaming operators from its platform. The company stated it continues to operate as a BSP-licensed institution and is working with the regulator to meet compliance deadlines. No restoration date has been provided, with the company only indicating that full service is expected soon.
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