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Cebu City government eyeing crypto payments
by
cheezcarls
on 19/04/2021, 11:46:28 UTC
⭐ Merited by samcrypto (1)
This was published 8 hours ago as of this time of creating this thread:

Source: https://www.sunstar.com.ph/article/1892062/Cebu/Business/Cebu-City-eyes-use-of-cryptocurrency

Mga kabayan, especially mga taga-Cebu, anu masasabi nyu dito? Nakita ko kasi may mga mixed reactions tungkol sa pag gamit ng cryptocurrencies para magbayad ng business at real estate property tax, etc., sa Cebu City.

Si Cebu City Mayor Edgar Labella at C Pass Inc.’s CEO Jaewon Kim nag sign ng memorandum of understanding para masimulan na ito ma adopt ang itong sistema sa Cebu City government. Kung ganun, ang Cebu City na mismo ang pinaka una sa entire Visayas Group of Islands na mag fully adopt nito.

Sa akin lang ha, although welcoming naman ito na ma recognize yung cryptocurrencies sa Cebu City, ang concern lang naman dito is yung funds collected by the Cebu City government with cryptocurrencies, hindi kontrolado ng Central Bank.

May sariling stablecoin si C Pass pero under sa Ethereum network, so good luck na lang sa gas fees.