#Philippines
- Cryptocurrency is supported by Central Bank Of the Philippines (BSP), Local Banks are now looking for block-chain technology and its usage (Unionbank), You can easily convert your bitcoin into fiat (PHP) by using local exchanges approved by BSP (Coins.ph and rebbit.ph), BTC to Fiat (PHP) conversion is regulated by BSP to follow AMLA (Anti Money Laundering Act), Bitcoin ATM's on Makati City, There is no ICO Regulation yet, No Tax on Bitcoin to Fiat (PHP) conversion.
Its more fun in the Philippines
- Cryptocurrency is supported by Central Bank Of the Philippines (BSP), Local Banks are now looking for block-chain technology and its usage (Unionbank), You can easily convert your bitcoin into fiat (PHP) by using local exchanges approved by BSP (Coins.ph and rebbit.ph), BTC to Fiat (PHP) conversion is regulated by BSP to follow AMLA (Anti Money Laundering Act), Bitcoin ATM's on Makati City, There is no ICO Regulation yet, No Tax on Bitcoin to Fiat (PHP) conversion.
Its more fun in the Philippines
As far as i know, the central bank of Thailand has made some cooperation with cryptocurrency foundation. I have heard about ripple already made a relationship with the thailand central bank and I was seeing OMG made a relationship with one of the banks in Thailand too. Looks like thailand will become cryptocurrency friendly country in the SEA.