Your thread title is confusing and misstated. I am from the Philippines and I don't see PHILIPPINES SUPPORT CRYPTOCURRENCIES. The link you provided say's CITIZENS, not the countries as a body.

Philippine government doesn't support cryptocurrencies at all. The government created a regulatory board that will regulate the usage of cryptocurrencies in the country. Although they already gave license to some companies that works on cryptocurrencies (e.g. coins.ph), the government warned the public about the risks of investing in cryptocurrencies considering its volatility and nature.

On the other hand, there are still many Filipinos who are using cryptocurrencies esp. bitcoin, and the number of users are still increasing. Just like what I've said in my other posts on other threads, the government can't easily stop cryptocurrencies in their country. The best thing they can do is to regulate the use of these electronic assets, and to keep on reminding the people about the risks of it.