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Stock Commentary: Squidpay gets e-wallet license revoked by BSP

There are no “good guys” here; PHA and its leadership obviously failed to do sufficient due diligence on this feral investment group.

BSP cancels SQPAY s e-wallet license – Manila Bulletin

The central bank’s Monetary Board has junked the appeal of Pasig-based Squidpay Technology Inc. (SQPAY) to allow it to continue to operate as a mobile e-wallet. In a statement on Thursday, Feb. 2, the Bangko Sentral ng Pilipinas (BSP) said that based on a Monetary Board decision Resolution No. 87

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