| Product Code: ETC8838944 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Robust growth continues as more Filipinos invest in crypto and use digital assets for payments. Domestic exchanges and payment apps are seeing increased user registrations, spurred by mobile penetration, evolving regulation, and fintech innovation.
The Philippines has emerged as a regional hotspot for cryptocurrency exchange platforms, fueled by favorable regulations, high remittance inflows, and digital financial inclusion. Local exchanges are competing with global players by offering user-friendly interfaces, lower transaction fees, and localized payment integrations.
Local crypto exchanges face compliance issues, weak user trust, and threats of fraud. Infrastructure limitationsespecially for legal fiat-crypto railshinder smooth transactions. Intense competition from global platforms combined with limited scale create pressure on pricing and margins.
Theres strong potential to build or invest in crypto exchange platforms offering trading, staking, and lending services. Licensing under BSPs Virtual Asset Service Providers (VASP) framework ensures regulatory credibility. Providing liquidity, advanced trading tools, and user-friendly mobile apps will differentiate new entrants.
Cryptocurrency exchanges are regulated as VASPs by the BSP, requiring registration, capital adequacy, AML-CFT compliance, consumer protection, and cybersecurity readiness. The DICTs National Cybersecurity Plan also imposes safeguards on IT systems used by these platforms.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Cryptocurrency Exchange Platform Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Cryptocurrency Exchange Platform Market - Industry Life Cycle |
3.4 Philippines Cryptocurrency Exchange Platform Market - Porter's Five Forces |
3.5 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.6 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume Share, By Cryptocurrency Type, 2021 & 2031F |
4 Philippines Cryptocurrency Exchange Platform Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cryptocurrencies in the Philippines |
4.2.2 Growing interest in blockchain technology in the country |
4.2.3 Regulatory developments supporting the cryptocurrency market in the Philippines |
4.3 Market Restraints |
4.3.1 Lack of clear regulatory framework for cryptocurrency exchanges in the Philippines |
4.3.2 Security concerns related to cyber threats and hacking incidents in the cryptocurrency space |
5 Philippines Cryptocurrency Exchange Platform Market Trends |
6 Philippines Cryptocurrency Exchange Platform Market, By Types |
6.1 Philippines Cryptocurrency Exchange Platform Market, By End-use |
6.1.1 Overview and Analysis |
6.1.2 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume, By End-use, 2021- 2031F |
6.1.3 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume, By Commercial, 2021- 2031F |
6.1.4 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume, By Personal, 2021- 2031F |
6.2 Philippines Cryptocurrency Exchange Platform Market, By Cryptocurrency Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume, By Bitcoin, 2021- 2031F |
6.2.3 Philippines Cryptocurrency Exchange Platform Market Revenues & Volume, By Ethereum, 2021- 2031F |
7 Philippines Cryptocurrency Exchange Platform Market Import-Export Trade Statistics |
7.1 Philippines Cryptocurrency Exchange Platform Market Export to Major Countries |
7.2 Philippines Cryptocurrency Exchange Platform Market Imports from Major Countries |
8 Philippines Cryptocurrency Exchange Platform Market Key Performance Indicators |
8.1 Number of active users on cryptocurrency exchange platforms in the Philippines |
8.2 Trading volume of cryptocurrencies on local exchanges |
8.3 Number of partnerships between cryptocurrency exchanges and local businesses |
8.4 Percentage of the population using cryptocurrencies for transactions |
8.5 Average transaction value on cryptocurrency exchange platforms in the Philippines |
9 Philippines Cryptocurrency Exchange Platform Market - Opportunity Assessment |
9.1 Philippines Cryptocurrency Exchange Platform Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.2 Philippines Cryptocurrency Exchange Platform Market Opportunity Assessment, By Cryptocurrency Type, 2021 & 2031F |
10 Philippines Cryptocurrency Exchange Platform Market - Competitive Landscape |
10.1 Philippines Cryptocurrency Exchange Platform Market Revenue Share, By Companies, 2024 |
10.2 Philippines Cryptocurrency Exchange Platform Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |