Who are the licensees of cryptocurrencies in the Philippines?
In the ever-evolving landscape of cryptocurrency regulation, the Philippines has taken a proactive approach towards licensing and overseeing entities operating in this domain. As a keen observer of this space, I must inquire: Who are the licensees of cryptocurrencies in the Philippines? Are they primarily technology firms, financial institutions, or perhaps a mix of both? I'm curious to understand the diversity of these licensees and how they're contributing to the development of the Philippine cryptocurrency ecosystem. Are there any specific criteria that need to be met in order to obtain a cryptocurrency license in the country? Clarifying these points would help me gain a deeper understanding of the regulatory framework and the players involved in this dynamic industry.