(To be frank, when the statement is coming from a person you don't believe and you don't like I don't believe him at all).
Either they support a project to create one crypto from and made by Philippines why he need to highlight and criticize the failure of the other people why not suggest a better way to do it??
I do look forward having our own coins and I will buy it during the date of launching.
The Philippine Government, including the SEC and even the BSP itself are not against CryptoCurrency. They just wanted to make sure to make a proper guidelines for the protection of the one who use and receive compensation thru Bitcoin, tokens, coins, etc. This news is not a threat to us here. And I don't see any reason for having us our own coins while our Peso itself is suffering right now against the US Dollar.

Medyo malayo nga yung comment niya sa sinabi ni OP e. Hindi naman maglalabas ang pilipinas ng sariling coin. Yun kasi ang problema e, hindi muna iniintindi ang topic bago mag-comment. Dapat binabasa at iniintindi muna. Matagal na itong ganitong issue. Panukala pa nga ng isang kongresista na imbestigahan ang nangyayari sa crypto para pangalagaan ang mga investors at traders (Nakalimutan ko lang yung link). Maganda naman ang kanilang hangarin dito at sana talaga, matupad ito.