Bank · Philippines
UnionBank of the Philippines
Union Bank of the Philippines, Inc. · unionbankph.com (opens source in new tab)
Crypto readiness score
1/3 status dimensions verified · 1 initiative · last verified 2026-11-08
Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | — | No verified status — not scored |
| Regulatory standing | 25 | 25 | Approved / authorised · initiative |
| Technical delivery | 20 | — | No verified status — not scored |
| Product breadth | 15 | 5 | 1 product category with a verified status: Custody & trading |
| Recent verified activity | 5 | 0 | No verified change in the last 365 days |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Custody & trading · Philippines
UnionBank of the Philippines: BSP virtual asset service provider licence (bank VASP)
- regulatory
- Approved / authorised2023-09-27
- technical
- Unknown
- commercial
- Unknown
UnionBank of the Philippines received a Certificate of Authority from the Bangko Sentral ng Pilipinas to operate as a virtual asset service provider (licence presented 27 September 2023), and the BSP’s VASP list as of 15 July 2026 names it as one of two active bank VASPs.
Scope: Philippines; virtual asset exchange services.
In tracker · last verified 2026-11-08
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised UnionBank of the Philippines: BSP virtual asset service provider licence (bank VASP)
Regulator not named in reviewed source · 27 Sept 2023
Official institutionalUnionBank Makes History as BSP-Authorized Provider of Virtual Asset Services in the Philippines (via PR Newswire) (opens source in new tab)
PrimaryBSP List of Virtual Asset Service Providers (VASP) as of 15 July 2026 (opens source in new tab)
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
No partner or provider named in our verified sources yet.
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-07-15Primary record · Bangko Sentral ng PilipinasBSP List of Virtual Asset Service Providers (VASP) as of 15 July 2026 (opens source in new tab)
Markets (from stated target markets): Philippines
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2023-09-27 · Status
BSP Certificate of Authority to operate as a VASP (bank release, 3 Nov 2023); active bank VASP on the BSP list as of 15 Jul 2026.
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