
That's strange the link you also have provided isn't working anymore, did news sources retracted their articles about the topic because they have missed some points? Here are some other news websites who's articles about the topic is still working,
cryptoslate and
digitalnewsasia.
I have seen there news before and I am glad that the whole nation started working on a whole new regulation, before it was only the province of Cagayan who has set their standards on becoming one of the tech crypto hubs in the Philippines. Now it is shaping to be the whole country to become a attractive country for crypto related businesses to start.
EditI know now the problem, the link you have contains what seems to me is a smiley emoticon at the end of it. The article in cointelegraph is still working.