TREE NEWS update: Coins.ph said its license from the Philippine central bank remains intact, pushing back on reports that it could be revoked over alleged offshore gambling transactions. The exchange did not say whether regulators have opened a review of the matter. The Philippine central bank has not commented on the reported revocation claims.
Coins.ph Says Philippine Central Bank License Intact Amid Revocation Claims
The dispute is less about the license itself than about who controls the narrative around it: an exchange publicly asserting regulatory standing while the regulator stays silent leaves the market to price in uncertainty. That matters for Philippine crypto users and any counterparty relying on Coins.ph's local permissions, since a licensing question touches custody and fiat rails, not just reputation. The open question is whether the central bank confirms, denies, or simply declines to engage — and whether the underlying offshore gambling allegation draws scrutiny beyond this one firm.
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