Bitmarket.ph
How it works Use Bitcoin About Blog

Compliance

Our commitment to regulatory compliance and security

Regulatory Framework

Bitmarket.ph operates in full compliance with Philippine regulations and international standards for digital asset services.

Licenses and Registrations

  • Registered with the Bangko Sentral ng Pilipinas (BSP)
  • Licensed Virtual Asset Service Provider (VASP)
  • Anti-Money Laundering Act (AMLA) compliant
  • Securities and Exchange Commission (SEC) registered

AML/KYC Procedures

Know Your Customer (KYC)

We implement strict KYC procedures including:

  • Identity verification
  • Address verification
  • Source of funds verification
  • Regular account reviews

Anti-Money Laundering (AML)

Our AML program includes:

  • Transaction monitoring
  • Suspicious activity reporting
  • Risk assessment
  • Staff training

Security Measures

Technical Security

  • Multi-signature wallets
  • Cold storage for majority of assets
  • Regular security audits
  • Penetration testing

Operational Security

  • Two-factor authentication
  • IP whitelisting
  • Access control systems
  • 24/7 monitoring

Reporting Requirements

We maintain compliance with reporting requirements including:

  • Suspicious Transaction Reports (STR)
  • Covered Transaction Reports (CTR)
  • Regular BSP reports
  • Annual external audits

Consumer Protection

Our consumer protection measures include:

  • Clear fee disclosure
  • Transparent terms of service
  • Dispute resolution procedures
  • Customer support channels

Contact Information

For compliance-related inquiries:

Email: [email protected]
Address: Manila, Philippines

Last updated: March 15, 2025

About

  • Team
  • Press
  • Careers

Resources

  • Blog
  • Help Center
  • Contact

Legal

  • Privacy Policy
  • Terms of Service
  • Compliance
Bitmarket.ph

© Bitmarket.ph
A Satoshi Citadel Industries Company