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.
We should be thankful that more nations are starting to accept and legalized bitcoin. Thus, it is great that Philippines is totally recognize bitcoin to be totally make it legal. Now, I think there will be more Filipino will start to adopt crypto due to this latest news and they will be given a chance to explore more about this cryptocurrencies.