Union Bank of the Philippines Launching Cryptocurrency ATM
One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas specifications. In the Philippines, the central bank regulates cryptocurrencies when used for delivery of financial services, particularly, for payments and remittances.
https://news.bitcoin.com/union-bank-philippines-cryptocurrency-atm/Another compelling moved that the Philippines is really working hard and getting closer to adopt bitcoin as one of the biggest bank in the country is launching a crypto ATM. Union Bank seems to be spearheading this, and as far as I can remember this bank is one of the first if not the first to integrate Paypal as well in the country. So let's see how it goes.
The Philippine community is open in nature
crypto will have a great future there
But of course the economy is not too strong to have a strong impact as well
However, this is a good step in the right direction.