14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
Seriously? What are those banks? That'll be a good indication to other country and of course to include other banks in the Philippines as you said so. Hoping that there would be a lot of banks that will also recognize bitcoin. Philippines is one of the country that doesn't ban bitcoin unlike China. Hopefully bitcoin will prosper on the said country.
Like BDO, BPI, metrobank, chinabank,unionbank and among others.
You can check this link
http://www.gmanetwork.com/news/money/content/368421/bitcoins-can-now-be-purchased-in-14-different-banks/story/Just stumbled upon reading stories regarding bitcoins.
Im hoping the same, banks should recognize bitcoin.
Hurra to all!
Hehehe.
I wouldn't trust the Op but saw this one with reference so it has weightage now. Looks like Philippines is going under revolutionary change with this one and many other counties and countries will follow them only if they succeed in the proper use of it.
See, the blockchain and current traditional technology that is swift are completely two different algorithms with decentralised and centralisation work nature. For the first time it could happen that they merge and accept the payment over blockchain and process over it as and when needed.
However the current affairs says different thing than the old article that you have shared here.
See this one :
https://www.google.co.in/amp/s/www.coindesk.com/philippines-central-bank-grants-first-cryptocurrency-exchange-licenses/amp/But it's mostly about central bank issuing license to exchangers.