Quote from: bossloccox on April 19, 2018, 11:20:52 AM

Philippine government warns the public to stop investing in these kinds of unregistered investment activity and to take the necessary precautions in dealing with these cloud mining companies. And the operators and agents of these cloud mining company has a criminal case and anyone who violates this law can face up to 21 years in prison.
Hopefully this rules can only affect those fraudulent people and those bitcoiners who are just participating in different campaigns just to earn money are not affected or not covered of this law.

As long as your are not a fraud person, why will you fear with those laws? Cryptocurrency spread in our country due to the fact that it is a scam. Many people are getting lose their interest to buy or try the crypto because of this articles. We are always fooled by scammers because we have lack of knowledge in cryptocurrency.
I don't know how this cloud mining works without any legality about the government. But in my opinion, this fraudulent acts should stop by our government. Those people who are involve in scamming other people should be paid in accordance to the law.