Quote from: Shinpako09 on January 27, 2020, 02:35:54 AM

Quote from: Gotumoot on January 06, 2020, 02:48:28 PM

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin, and also many crypto currency exchange are developing here in my country.

And aside from that we have Bitcoin Atm, and also some stores here already accepting bitcoin as a alternative payment.

Although it's becoming crypto friendly because BSP registered more crypto exchanges and Security and Exchange Commission is finalizing crypto guidelines. For me, still not, because some banks like BDO still not familiar in crypto or they are not comfortable if your funds came from crypto. Still a long way before you can add or cashout without thinking of possibilities that you will be ask about crypto and feel uncomfortably. Some are just forcing theirselves to become dishonest on where the funds came from so they can avoid such possible scenarios. I guessed, you've heard the one in our country where in he is ask to pull out all of his money in the bank because the funds came from crypto.

Here is the link I found in the Philippines local forum https://www.manilatimes.net/2020/01/21/business/business-top/sec-readies-rules-for-cryptocurrencies/676170/?fbclid=IwAR0u3YB91gPFFhZ41nYvW2a6KZotHv1_Y3mqYuWgoAgbyDzjVnEyCGSr_K8

It usually is a positive sign when SEC sets rules for crypto but its also not good for someone who had a lot of crypto. I am from Philippines and coins.ph is just one good source of information for SEC to scrutinize. Philippines could be a crypto-friendly country but there might not be an escape for rich traders to pay huge taxes.