According to The Philippine Star, the Bangko Sentral ng Pilipinas (BSP) has instructed Virtual Asset Service Providers (VASPs) to strengthen token listing, monitoring, and delisting standards, explicitly banning the listing or support of anonymity-enhanced virtual assets, also known as privacy-focused virtual assets. The BSP memorandum requires VASPs to establish due diligence processes for virtual assets intended for listing or trading, assessing factors such as the issuer's background, market maturity, use case, transparency and traceability, security, liquidity, reserves, and legal compliance risks, while setting delisting triggers for deviations from listing standards. https://(wublock123.com)/news/philippines-central-bank-requires-vasps-tighter-token-listing-review-ban-privacy-tokens-62759