COINOTAG News, December 24, as reported by Cointelegraph, notes that Philippine ISPs have begun restricting access to several cryptocurrency exchanges as regulators escalate licensing oversight of crypto service providers. The move appears aimed at strengthening compliance and safeguarding market participants in the Philippines.

Filipino users report disrupted access to Coinbase and Gemini as multiple local ISPs implement blocks following an order from the National Telecommunications Commission (NTC). The directive requires providers to restrict access to 50 online exchange platforms identified by the BSP as operating without authorization.

This regulatory approach sits within a broader push to reinforce crypto license compliance and investor protection, with exchanges and users advised to monitor licensing developments and verify platform eligibility under evolving BSP oversight.