Filipino Regulators Unveil Cryptocurrency Guidelines as Bitcoin Popularity Soars

[tyz]

The Philippines has been a crucial region for Bitcoin and cryptocurrencies so far. With this new form of money gaining more popularity, things have evolved nicely. Unfortunately, Filipino regulators are taking a rather harsh stance against Bitcoin right now. With the Bangko Sentral ng Pilipinas releasing new guidelines, the future of cryptocurrencies looks a bit different.

[FJNuñez]

Regulators are going to try and step in and scare whatever percentage of the population that still believes in government or MSM. But the more they mess up the more people will gravitate towards Bitcoin.