Philippines Ready for Crypto Revolution?
A principal regulator in the Philippines has announced: “The direction is for us to consider this so-called virtual currencies offerings as possible securities in which case we will apply the Securities Regulation Code,” the country’s Commissioner, Emilio Aquino, of its Securities and Exchange Commission (PhSEC), signaled on 21 November. Movement towards proper legalization comes after much consideration and monitoring, along with consultation with its central bank.
Philippines Ready for Crypto Revolution?
Perhaps looking to its prosperous neighbor, Japan, the Philippines seems ready to welcome a cryptocurrency revolution within the archipelago.
Ano kaya ang effect nito sa inyong Bitcoin life?
Excerpt from Bitcoin.com:
https://news.bitcoin.com/philippines-move-in-direction-to-legalize-bitcoin-as-a-security/ para sa aking opinyon hindi naman iligal ang bitcoin.. ganun pa man kung ang bagay sa isang bansa ay hindi nabubuwisan masasabi talagang iligal ito. ngunit napakahirap lagyan ng buwis ang bitcoin dahil wala itong stable na presyo minsan biglang taas at minsan biglang baba... sYempre malaki ang magiging epekto nito sa pansariling kita sapagkat mababawasan ng ilang pursyento ang dapat sa iyong kita na.. magkakaroon din naman ito ng magandang epekto dahil madadagdagan ang pondo ng bayan.