Post
Topic
Board Altcoin Discussion
Re: What Is Your country Saying About Cryptos?
by
Ginosaur15
on 13/03/2018, 04:42:54 UTC
#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  Grin



it is truly more fun in the philippines, because bitcoin is supported by central bank of the philippines, and as of now no tax on bitcoin, more people are engaging themselves on bitcoin and help them alot but some are afraid to give it a try because there are some news says that bitcoin will just consune time and money.