In the rapidly evolving world of digital finance, Betur Inc. and DCPay Philippines Inc., operating under the Coins.ph brand, represent significant components of the Philippine cryptocurrency ecosystem.
Understanding the Key Players
Betur Inc. Overview
Betur Inc., operating as Coins.ph, is a registered Virtual Asset Service Provider (VASP) with the Bangko Sentral ng Pilipinas (BSP). It offers a variety of services including:
- Remittance & Transfer Company (RTC)
- Money Changing (MC)
- Foreign Exchange Dealing (FXD)
- Virtual Currency Exchange (VC)
Regulatory Compliance
All services provided by Betur are subject to BSP regulations and the Anti-Money Laundering Act (AMLA), ensuring a secure environment for users.
DCPay Philippines Inc. Overview
DCPay is also registered with the BSP as an Electronic Money Issuer. It focuses on:
- Electronic money issuance
- Remittance services under the Coins.ph brand
User Convenience
DCPay enhances user experience by facilitating easy cash transfers and electronic payments, making it easier for customers to manage their finances.
The Coins.ph Brand
When referred to collectively, Betur Inc. and DCPay Philippines Inc. operate under the unified "Coins" brand, creating a comprehensive digital financial platform.
Regulatory Framework
Both entities operate under strict regulatory guidelines:
- Compliance with Bangko Sentral ng Pilipinas (BSP) regulations
- Adherence to the Anti-Money Laundering Act (AMLA)
- Commitment to legal and ethical financial practices
Learn more from the section 1. DEFINITIONS of our Coins.ph User Agreement here.
Frequently Asked Questions
Are these companies legally registered?
Yes, both Betur Inc. and DCPay Philippines are officially registered with the Bangko Sentral ng Pilipinas (BSP) and operate under strict regulatory guidelines.
How do these companies ensure financial security?
They adhere to BSP regulations, the Anti-Money Laundering Act, and maintain robust compliance mechanisms to protect user interests.
Can I trust Coins.ph for my financial transactions?
With official BSP registrations and a comprehensive regulatory framework, Coins.ph provides a secure platform for digital financial services.