Actually bitcoin is already legal here in the Philippines. I even read an article wherein the Central Bank of the Philippines is welcoming and announcing to public the legality of bitcoin. They just warned everyone to atleast be safe as bitcoin is really risky. But with this news it will even be more familiar and popular with the Filipinos.
i also thinks that bitcoin is already legal even before since we can trade bitcoin for philippine peso in some banks here in the philippines, we can also already use it for paying bills like electricity bills and buy some mobile loads. i think this seminars are about inserting knowledge in the minds of our countrymen so that they will be aware of how bitcoin works.
but this news is nice because more business here in the philippines will accept bitcoin sooner and it will be a great advantage for us bitcoin users.