Philippines Ready for Crypto Revolution?
A principal regulator in the Philippines has announced: The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code, the countrys Commissioner, Emilio Aquino, of its Securities and Exchange Commission (PhSEC), signaled on 21 November. Movement towards proper legalization comes after much consideration and monitoring, along with consultation with its central bank.
Philippines Ready for Crypto Revolution?
Perhaps looking to its prosperous neighbor, Japan, the Philippines seems ready to welcome a cryptocurrency revolution within the archipelago.
Ano kaya ang effect nito sa inyong Bitcoin life?
Excerpt from Bitcoin.com:
https://news.bitcoin.com/philippines-move-in-direction-to-legalize-bitcoin-as-a-security/Maganda po na maging legal ang bitcoin sa ating bansa kase dahil dito karoon tayo ng magandang samahan pero sure ako mag kakaroon na rin tayo ng tax sakaling ganun man ang mangyre pero sana wag ma epektuhan yung rules dito sana wala mabago sa rate ng prize yun lang kailangan dito mag samahan dito maraming salamat