Actually, Philippines already accepted bitcoin since the day when Central Bank of the Philippines accepted bitcoins.
When did Banko Central ng Pilipinas accepted bitcoin? They didnt accept it but they recognize it since a lot of OFW were using bitcoin as an alternative for sending money to their love ones in the Philippines.
When you do bank transaction in the Philippines and when you say that the money come from or is being used to crypto currency, they will instantly closed your account.