BPAP

Insights

Articles, essays, and practitioner perspectives from the BPAP community.

Policy Analysis

Five Regulatory Fixes That Would Actually Move the Needle

By Ferdie James Nervida

The final article in the Philippine crypto regulation series, laying out a practical agenda for classification, stablecoins, taxation, GameFi consumer protection, and regulatory consultation.

Read Article

Financial Infrastructure

Why Stablecoins, Not Supply Chains, Are Blockchain's Real Killer App

By Ferdie James Nervida

An argument for treating stablecoins as supervised financial infrastructure, especially for OFW remittances and Philippine payment corridors.

Read Article

Policy Analysis

The Axie Collapse Told Us Everything. We Didn't Listen.

By Ferdie James Nervida

Part 2 of the Philippine crypto regulation series, examining Axie Infinity, P2E consumer harm, and why the Philippines still needs a GameFi-specific consumer protection framework.

Read Article

Policy Analysis

The CASP Rules Are Here. Now What?

By Ferdie James Nervida

Part 1 of a Philippine crypto regulation series, examining the SEC CASP Rules, the BSP VASP licensing freeze, and the unresolved dual-licensing challenge facing practitioners.

Read Article

Essay

Fiat Debasement in the Philippines and the Case for Bitcoin as Personal Hedge

By Urian Buenconsejo

A member perspective on inflation, currency weakness, regulatory friction, and why some Filipinos see self-custodied Bitcoin as a long-term personal hedge.

Read Article

Essay

The Illusion of Decentralization in Cryptocurrencies

By Ferdie James Nervida

A closer look at how internet infrastructure, power systems, and hardware manufacturing shape the practical limits of decentralization in cryptocurrency networks.

Read Article

Essay

Tracing Monero: Following Behavior When the Trail Goes Dark

By Ferdie James Nervida

An examination of how behavioral analysis remains useful in investigations even when on-chain transaction visibility disappears inside privacy-preserving systems.

Read Article