Philippines Blocks Coinbase and Gemini Amid Wider Crackdown on Unlicensed VASPs

Philippines map with block icons over Coinbase and Gemini, a digital lock and regulatory papers

The Philippines blocked access to Coinbase and Gemini effective December 23, 2025, a move confirmed by regulators on December 24, 2025 that targets unlicensed virtual asset service providers (VASPs) and enforces existing licensing rules. The National Telecommunications Commission (NTC), acting under directives from the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission […]