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.
wow its good to hear about that. Philippines are now accepting cryptocurrency. Its good to the economy of the Philippines to have a transaction like this but I think it is not legal but they are free to have a transactions. Hopefully, in the future they will follow the steps of japan and south korea to be open about crypto market because many opportunities will come to the citizens of the philippines.