It is a good news that more and more governments have accepted the presence of bitcoin. This is also an incentive for other governments to be more open to the bitcoin market
Some governments that recently banned the use of bitcoin seems to have changed their minds ad one of them is China. One of China's arbitration court ruled in favor of bitcoin and it said that everyone has the right to own cryptocurrency. In the Philippines, its government have already started its own road to bitcoin adoption or legalization by giving license to those crypto exchanges and this move will benefits a lot of crypto holders.