Quote from: Xising on November 23, 2018, 07:50:44 AM

Quote from: Bunsomjelican on October 20, 2018, 07:54:27 AM

Quote from: EllieBasti05 on October 20, 2018, 03:00:23 AM

Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

It's a nice thing to know that Philippines now are becoming more open into Bitcoin and crypto currency business. Also this is a good news to all crypto enthusiast who lived in the country. Moreover, some of the banks in this country are now doing the adoption of cryptocurrency like Unionbank and PNB also are planning to do the same thing for what the unionbank did.

I think many people in the Philippines are already immersed in the cryptocurrency market, since part of their culture is to always find ways to earn to support themselves and their families, especially through online means. The beauty with cryptocurrency is that it's not that difficult to learn if you really are serious about it, and also, you can find that it can be a viable source of income whilst doing it as a part-time job of some sort. There have been news before that the Philippine Central Bank are getting wearing of cryptocurrency investments, so it's really a good thing to see that, in general, cryptocurrencies are gaining traction in the Philippines.

A good demonstration that not only first world countries can lead Crypto adoption. Philippines has a strong presence in Crypto-Currency world since years ago and seems they are really serious about it. Now let's hope the adoption from the government side will be smoother as possible, without heavy regulations and exigencies over the citizens, so everyone can benefit from this achievement.