Consolidating OLP regulation under the BSP would align the Philippines with centralized financial supervision models used across other Asian markets, according to FinTech Alliance PH.
The Digital Asset Network connects crypto wallets directly to Western Union's cash-out locations. Seven or more partners are expected to activate in 2026.
CIMB's Forward30 plan is reshaping its regional footprint, with Thailand's risk-weighted asset share falling as the group targets 12% to 13% ROE by 2027.
MAS says the POV lays groundwork for deeper industry collaboration. If it works, expect the model to expand to broader datasets and more use cases across Singapore's banking sector.
Western Union CEO: "It is no longer a question of if we will be active in digital assets. It is now how fast we can scale." USDPT is the first answer to that question.
Industry bodies called the Basel permissionless blockchain approach punitive and not technology neutral. MAS has now responded with a principle-based alternative.