Regulatory Alerts2026-06-05
M-2026-023: Coin/Token Listing Guidelines
The Bangko Sentral mandates that Virtual Asset Service Providers establish robust due diligence and accreditation processes for listing virtual assets to ensure financial stability and consumer protection. The guidelines organize assessment criteria into six pillars covering issuer background, market maturity, use cases, transparency, liquidity, and legal compliance, while explicitly prohibiting privacy-enhancing tokens. VASPs must also implement ongoing monitoring with defined thresholds for delisting assets that fail to meet standards or face security, legal, or market risks.
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