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/mabuti kung magiging legal na talaga ang crypto currency sa ating bansa. lahat tayo dito ay makikinabang at hindi na rin tayo mahihirapan mag open ng account sa mga bangko kasi for sure kikilalanin na rin ng mga bangko ang bitcoin as source of income natin. saka tingin ko mas mapapabilis ang mga transaction natin.