Coins.ph users face app lockout as central bank intervenes
Summary
Coins.ph said users’ funds remain safe and it is working to restore affected services, which it expects to return “soon” without giving a specific timeline or identifying the services involved. The Philippine crypto platform said it maintains controls against offshore gambling operators and is working with the Bangko Sentral ng Pilipinas to implement required internal-control enhancements within regulator-set deadlines. It described itself as licensed and said it would share further updates through official channels.
