Post
Topic
Board Economics
Re: Countries with banks to buy and sell cryptocurrencies
by
FlightyPouch
on 07/02/2020, 23:36:32 UTC
Philippines is one of them they allow people to buy Cryptocurrency though indirectly, they will have to deposit funds to their coins.ph account this is a local exchange, using bank that are their partners after you deposit you can buy Cryptocurrency and you can also sell your Cryptocurrency and withdraw it using your favorite local bank.

As you said, it is done indirectly since banks here in our country don't really let you buy bitcoin or any other crypto currencies directly. It is through an excxhange, coins.ph that is why we can transact or buy bitcoin. I don't know when will they consider buying or selling bitcoin or other crypto currencies since for now, I see that impossible to happen.