http://www.newsbtc.com/2017/02/08/philippines-bangko-sentral-recognizes-bitcoin-payment-system/According to this article the Philippines Bangko Sentral Recognizes Bitcoin as Payment System. The article also added that Bangko Sentral states sees the virtual currencys potential to revolutionize the delivery of financial services. Additionally, they also mention how bitcoin provides financial inclusion, which is something traditional financial solutions have been unable to provide. This statements coming from the Central Banks of the Philippines will give a potential impact on the rise of bitcoins value on the market. And not only that, the Philippine Central Bank is not the only bank that sees the merits of bitcoin but also the the Central Bank of Nigeria.
This is the start of the bitcoin regulation. When this news will scattered all around the country i am so sure that mor investors will invest in bitcoin. BSP (Bangko Sentral ng Pilipinas) statements has a great impact to all investors who has a doubt about bitcoin and this is a big help to widen their knowledge and trust bitcoin again.
It's good to hear that the " Bangko Sentral Ng Pilipinas " will recognize bitcoin as a payment system. Many Filipinos are joining in bitcoin to support their financial problem and because of that good news hopefully the big or small companies here in the Philippines will adopt too to the bitcoin as the payment system. And hopefully other countries are recognized also to the bitcoin to continue the popularity of the investors bigger and bigger.