http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/According to this article the Philippines Bangko Sentral Recognizes Bitcoin as Payment System. The article also added that Bangko Sentral states sees the virtual currencys potential to revolutionize the delivery of financial services. Additionally, they also mention how bitcoin provides financial inclusion, which is something traditional financial solutions have been unable to provide. This statements coming from the Central Banks of the Philippines will give a potential impact on the rise of bitcoins value on the market. And not only that, the Philippine Central Bank is not the only bank that sees the merits of bitcoin but also the the Central Bank of Nigeria.
It is a great news to the filipinos who are known bitcoin in the country. They can easily manage their bitcoin in the bank and we can easily invest money to the bank to bitcoin. I hope it will implented as soon as possible because it is not totally approve by the government that i expected. I imagine if the bank of thr philippines make bitcoin money and it been use to buy to stores and mall. Our economy will be high and our country fix the financial problems face of my country.