Re: Philippine government will soon regulate bitcoin operations in their country
With the issue of hackers of amassing huge amount of money and the issues on Money Laundering the Banko Sentral ng Pilipinas (BSP) is looking forward to create a cyber surveillance division whose function is to monitor and implement virtual currency regulations in the country. Having seen the increase of bitcoin users in the country and the huge amount flowing in bitcoin activities, the government has included bitcoin in its watch list. Soon there will be regulations and policy covering bitcoin operations in the Philippines.
you should add some links for things you post here so we can research further about them easier
anyways, i think this can go both ways (good or bad) because usually regulations lead to more taxes and people and merchants staying away because they would have to pay more taxes or get in troubles for unpaid taxes,...
but also it is good because it also can lead to more people trusting bitcoin because it is regulated and approach it which will help the mass adoption in long term.