Is Uphold available in The Philippines?
Uphold does not open new accounts for residents of the Philippines. Its own list of jurisdictions it does not support, last updated 12 May 2026, places the Philippines among the locations where it cannot onboard new customers. Crypto itself is legal, and virtual asset service providers are registered with the central bank, Bangko Sentral ng Pilipinas.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
How we checked this. We set this status by reading the platform's own terms of use and country eligibility, and the public register kept by the named regulator, then dated the result. Availability can change, so confirm directly with the platform and the regulator before acting. As of 26 June 2026.
As of 26 June 2026, Uphold does not open new accounts for residents of the Philippines. Upholds own list of jurisdictions it does not support, last updated 12 May 2026, places the Philippines among the countries where it cannot onboard new customers, and it warns that existing customers in those locations may have limited access. Holding and trading crypto is itself legal, and virtual asset service providers are registered with Bangko Sentral ng Pilipinas, so residents should compare platforms that genuinely serve the Philippines and verify the current position before acting.
Availability for residents of the Philippines
As of 26 June 2026, Uphold is not available to new customers in the Philippines. On its published list of jurisdictions it does not support, last updated 12 May 2026, Uphold lists the Philippines among the locations where it is unable to offer new accounts, and it notes that existing customers in restricted locations may have limited access and may be asked to close their accounts.
This is a platform level decision by Uphold rather than a ban on crypto by the Philippines. The central bank, Bangko Sentral ng Pilipinas (BSP), registers and supervises virtual asset service providers that serve Filipino residents, and the Securities and Exchange Commission of the Philippines regulates crypto related securities offerings. Several registered providers operate in the market, but Uphold is not currently onboarding residents.
Availability can change as a platform seeks or drops local registration, so treat this status as accurate as of 26 June 2026 and confirm it directly on Upholds jurisdiction page before relying on it. Residents who want a platform today should compare exchanges that genuinely serve the Philippines.
What residents of the Philippines can do
Since Uphold does not onboard new customers in the Philippines, residents looking for a platform should focus on virtual asset service providers registered with Bangko Sentral ng Pilipinas. The Philippines best exchanges page lists platforms reported to serve residents, and the Philippines crypto rules page explains the registration picture in more detail.
Trying to bypass a geographic restriction, for example by using a virtual private network or a foreign address, can breach a platforms terms of service and can put funds and account access at risk. The safer route is to use a platform that is registered to serve the Philippines.
How crypto is taxed in the Philippines
Crypto can be taxable in the Philippines. As of 26 June 2026, the Bureau of Internal Revenue (BIR) generally treats income and gains from crypto as taxable, with the treatment depending on whether the activity is trading, business income, or another category. The exact position depends on your circumstances and the latest guidance.
Tax rules in this area are developing, so confirm the current treatment with the Bureau of Internal Revenue or a qualified tax professional. This is general information, not tax advice (as of 26 June 2026).
Uphold does not open new accounts in the Philippines as of 26 June 2026, so we do not link to it for this country. To find platforms that genuinely serve residents, see the pages below and verify each platforms status before signing up.
Regulator and sources
The lead authority for crypto in the Philippines is the central bank, Bangko Sentral ng Pilipinas (BSP). The availability position on this page comes from Upholds own jurisdiction list and is stated as of 26 June 2026. Confirm it on the primary sources below.
- Uphold, published list of jurisdictions it does not support, last updated 12 May 2026.
- Bangko Sentral ng Pilipinas (BSP), registration and supervision of virtual asset service providers.
- Securities and Exchange Commission of the Philippines, rules on crypto related securities offerings.
- Bureau of Internal Revenue (BIR), guidance relevant to the taxation of crypto.
Frequently asked questions
Is Uphold available in The Philippines?
As of 26 June 2026, Uphold is not available to new customers in the Philippines. Upholds list of jurisdictions it does not support, last updated 12 May 2026, places the Philippines among the locations where it cannot open new accounts, and existing customers there may have limited access.
Can I open a new Uphold account in The Philippines?
No. As of 26 June 2026, Uphold states that it cannot offer new accounts to residents of the Philippines. The safer route is to use a platform that is set up to serve the Philippines and to verify its status before signing up.
Is crypto legal in The Philippines?
Yes. Holding and trading crypto is legal in the Philippines, supervised by Bangko Sentral ng Pilipinas. The restriction on this page is about the Uphold platform, not about whether owning crypto is allowed (as of 26 June 2026).
Who regulates crypto in The Philippines?
The lead authority is the central bank, Bangko Sentral ng Pilipinas (BSP). It sets the rules that crypto platforms serving the Philippines are expected to follow (as of 26 June 2026).
How is crypto taxed in The Philippines?
As of 26 June 2026, the Bureau of Internal Revenue (BIR) oversees the taxation of crypto for residents. Treatment depends on your circumstances, so confirm the current position with the tax authority or a qualified professional. This is general information, not tax advice.
How can I confirm Upholds current status for The Philippines?
Check Upholds own published list of jurisdictions it does not support, which is dated and updated, and contact Uphold support. Those primary sources are the most current way to confirm availability before acting.
Rules change frequently. Exchange availability can change at short notice, and a platform that does not serve the Philippines today may open or close access in future. The position on this page is dated 26 June 2026 and is based on Upholds own jurisdiction list. Confirm the current status with Uphold and Bangko Sentral ng Pilipinas before you act.
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