According to BusinessMirror, the Philippine Central Bank (BSP) has warned crypto users against transacting with unauthorized Virtual Asset Service Providers (VASPs), stating that such platforms may pose risks like scams, security vulnerabilities, cyberattacks, bankruptcy, mishandling of private keys, and lack of legal recourse. BSP emphasized that it will continue working with the Philippine SEC, National Telecommunications Commission (NTC), and other agencies to restrict Filipino users' access to unauthorized VASP platforms. https://(wublock123.com)/news/philippines-central-bank-warns-against-unauthorized-virtual-asset-providers-60787