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/Well, Im bitcoin ready, pero im not really sure if this will go well in our country. Because most of the investors in Bitcoin in PH are young and ambitious ones that can destroy the totality and value of the said market. It might affect us negatively! The ones who are informed and knowledgeable about what a bitcoin really is.