Philippines is now becoming a cryptofriendly, and this can help to boost their economy.
Despite of scams (Bitcoin Scam: https://bitpinas.com/news/php-900-million-bitcoin-scam-rocked-the-philippines/) happening around the Philippines they are still open for the possibility of adopting this technology, and the good news is Philippines is now granting a Licenses for the 3 crypto exchanges.
Here's the link: https://cointelegraph.com/news/philippine-special-economic-zone-grants-licenses-to-three-crypto-exchanges
I just hope that they will make a good regulations about this, and no politics involved about this thing.
The Philippines is one of the Asian countries that legalizes cryptocurrency and bitcoin and this greatly affects the economic progress there and I hope this will be an example of their neighboring countryDespite of scams (Bitcoin Scam: https://bitpinas.com/news/php-900-million-bitcoin-scam-rocked-the-philippines/) happening around the Philippines they are still open for the possibility of adopting this technology, and the good news is Philippines is now granting a Licenses for the 3 crypto exchanges.
Here's the link: https://cointelegraph.com/news/philippine-special-economic-zone-grants-licenses-to-three-crypto-exchanges
I just hope that they will make a good regulations about this, and no politics involved about this thing.
it's just that cryptocurrency will be one of the means that will be in the politician it must be because this is a lot of people and money