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.
Yes its true that here in the Philippines there are few business company who accepts cryptocurrency, but there are still more people here in the Philippines that is unfamiliar with cryptocurrency and in bitcoin, that is why it wil take long before every store here will start to accept cryptocurrency as a transaction.