Coins.ph has denied reports that it could lose its license from the Philippine central bank. The company says the license is still in place. Cointelegraph published the story on Oct 14, 2026.
The reports said the license could be revoked over alleged offshore gambling transactions. The coverage does not say who made these allegations or which transactions they concern.
The coverage does not include any statement from the central bank. It does not say whether a review is open or whether any decision has been made. For now, the only response on record is Coins.ph's statement that the license has not been revoked.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. Coins.ph is not one of those four venues, and the story says nothing about funding rates, fees or liquidity on any perpetual futures market.
Source: cointelegraph — Coins.ph says Philippine central bank license intact amid revocation claims