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.
Cryptocurrency has been making a huge progress since this year, although some people may never know that just because the price is down and they think that prices are what determines the progress of cryptocurrencies, nope it is not. Many countries have accepting the use of Bitcoin and other cryptocurrencies and there have been more opening of ATM in several locations. Thats the progress we truly need.
It's such a good news, it's a good sign that cryptocurrency keeps on increasing its demand day by day. It only means that it can potentially continue to grow despite controversies, negative feedback, or banning issues. It's good to know that Philippines is open to this kind of idea. It brings good opportunitues that can lead to a quality of life if taken seriously and with commitment. It can give us the convenience to do the job at your own comfort and does not need huge capital to start. Most importantly is that we must stay responsible in what we do and stay positive whenever market is not at its best and trust that it can certainly give positive results.