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.
I have no doubt about that. In the future all countries around the world will adopt blockchain technology on various levels because it is so efficient not only in economic sector but in many other fields too. Right now, unfortunately, scam ICOs exploit those ideas in order to fool people, but the ideas are right by themselves, and adopted on a governmental level they can make economic situation in any country much better than before.
In recent times there have been quite some positive news from Philippines regarding crypto adoption, and I'm glad for the country because such steps can surely make the life of its citizens better.