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Bitcoin

BSP Imposes ₱1B Capital Requirement on Local Banks Operating Digital Models

Bao Nguyen1 min read

The Bangko Sentral ng Pilipinas has mandated a ₱1 billion minimum capital requirement for thrift, rural and cooperative banks operating digital business models.

Source: https://bitpinas.com/fintech/bsp-1-billion/

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Bao Nguyen

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