"We are concerned with potential money laundering and consumer protection. We are studying putting virtual currency operators under a more formal regulatory framework," Philippine Central Bank Deputy Governor Nestor Espenilla said, according to Bloomberg.
every country, and everyone with smallest brain is worried about money laundering and all other kinds of criminal activity that can be performed with bitcoin.
Bitcoin will keep his rally on the Philippines.
Is the death of the people in the war against drugs is the only problem of the Philippines? no!.
Plus Banko Sentral ng Pilipinas is not restricting the usage of bitcoin they are just monitoring the
exchange of bitcoin since the transactions of bitcoin is increasing in the Philippines yearly.
Banko Sentral ng Pilipinas is just preventing the possibility of money laundering using BTC exchange
as a cover.
But if they put tax on every BTC exchange transaction from BTC to peso then that would just
be annoying!!.
Nothing will be stalled!
Why not use your main account to insult someone? are you really that scared?!
The Pinoy and Pinays are so greedy for money that we will see them go in droves to collect as much bitcoin from their stupid little 7-11 kiosks that it will drive the price to go up past the ATH.
HAH!
Atleast now the first world countries have finally been able to use them to make us money instead of them tricking us the real people in the world to make more money off of them!
I just love this and how it is working out.
All is right in the world now!
And I know that all filopinos here will see this message to them because nothing will keep them from clicking on this news of regulation and taking more money from "their money" out from under them.
After all, that is their LIFE'S BLOOD!
Duterte is a murder and killer and they all JUST LOVE THAT!
HAH!
Atleast now the first world countries have finally been able to use them to make us money instead of them tricking us the real people in the world to make more money off of them!
I just love this and how it is working out.
All is right in the world now!
And I know that all filopinos here will see this message to them because nothing will keep them from clicking on this news of regulation and taking more money from "their money" out from under them.
After all, that is their LIFE'S BLOOD!
Duterte is a murder and killer and they all JUST LOVE THAT!