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.
This is a good initiative from the Philippines. They are already taken a step ahead of others including the so-called world powers. Sooner or later when the cryptocurrency boom takes over the entire world, I am sure the Philippines will be a force to reckon with in Crypto decision makings.