This is great news. Regulation = acceptance in the end. And thats what we need more of. More countries should follow suit.
Yeah, that is always the good thing about regulation and with stuffs like this, we will get to see massive acceptance and adoption among the Filipinos. I want to believe Philippine is also taking the steps of the more developed countries who have taken the lead for a while now and rather than throw the idea of cryptocurrency under the pit, they have been able to come up with easy regulations on cryptocurrency which is ushering great development economically, which I guess some are beginning to see now. (Making reference to the likes of Australia, Japan and the rest).