So I'm a foreigner living in the Philippines and have been funding my stay using coins.ph, but I wanted to open a bank account in order to invest in condos but the banks have been rejecting my account applications on the grounds that my source of income is bitcoin.
Any suggestions? Any bitcoin friendly banks here?
You don't need to mention them about bitcoin you can told them that source of your income is through remittance from your love ones abroad something like that. Banks don't believe in bitcoin yet, I have a filipino friend who has same scenario with you, they don't let him because he told the bank that he is earning online through bitcoin.