Spot crypto is lawful in the Philippines and is supervised as a licensed activity, not tolerated at the margins: Bangko Sentral ng Pilipinas (BSP) Circular No. 1108 (2021) replaced the older Virtual Currency Exchange rules with a Virtual Asset Service Provider (VASP) regime, treats VASPs as money service businesses under BSP's regulatory and examination powers, and requires each one to hold a Certificate of Authority before it may exchange virtual assets against fiat, exchange one virtual asset for another, transfer virtual assets, or hold them in custody. Holding and trading crypto as an individual is not prohibited anywhere in that circular; the licensing burden falls on the provider.
The contract itself does not change by geography: a NBIS perpetual settles in USDC everywhere.
8 venues open Nebius Group perps to traders in Philippines.
Aster
gTrade
Hyperliquid
Lighter
Ondo
VestFour steps from sign-up to an open position.
Individual taxpayers are subject to graduated income tax rates of up to 35% on net taxable income above PHP 250,000; the first PHP 250,000 of net taxable income is tax-free.
Trading NBIS from Philippines: legal.
From Philippines, you can fund a Nebius Group position using Mobile Money (GCash & Maya), Bank Transfer (InstaPay & PESONet) and Debit Card.
Philippines residents can trade Nebius Group on 11 platforms, including Aevo, Aster and Extended.
On Canborsa, traders in Philippines can use up to 10x leverage on Nebius Group.