PANews reported on May 14 that the compliant cryptocurrency platform Coins.ph officially launched IOST at 06:00 (GMT) on May 14, 2025. Users can directly purchase IOST using Philippine Peso (PHP) through the Coins.ph platform.

Coins.ph is fully supervised by the Central Bank of the Philippines (BSP) and is the first crypto company in Asia to obtain a virtual currency and electronic currency issuance license. The launch of Coins.ph is an important move for IOST to layout the high-potential and compliant market in Southeast Asia. In the future, IOST will continue to emphasize compliant operations and deepen the integration of local legal currency payments.