BSP says proposed law can help regulate cryptocurrencies

The Bangko Sentral ng Pilipinas said there is a piece of legislation in the works and well on its way to passing Congress, which will help it better regulate cryptocurrencies. 

The BSP and Securities and Exchange Commission (SEC) are also preparing for a nationwide effort to spread more information on so-called digital coins. - Business Nightly, ANC, March 12, 2018