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.
Despite of accepting cryptocurrencies in Philippines, Filipino users here in Bitcointalk still obtains issues that some say Filipinos were shitposters and spammers while they're really not. Instead, this forum helps the Filipinos to know what is this cryptocurrency thing hence now it helps them which most leads to that acceptance and broader knowledge about the cryto and blockchain technology as they already had their exclusive crypto wallet that exchanges BTC ETH BCH XRP to their Philippine Peso.