lubot sa yawa
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April 20, 2018, 03:07:17 PM |
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Philippines is belongs to 3rd world country and starting to build a regulations about cryptocurrency, well this is a good move for the poor country that adapt cryptocurrency like bitcoin because this will help to the economy to grow up. |
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MoonJeina
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April 20, 2018, 05:13:57 PM |
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This is great news . Asian countries tend to have very different views regarding the legalization of crypto currency in their country .
At one place where Asian countries like India , China , Srilanka and Bangladesh has banned the crypto currencies , Philippines is making an initiative in legalizing it .
I recently heard about some scam in Philippines related to crypto , but it is good to know that the government is only making some rules not banning it . I hope the alterations in the rules does not lead to some major effect on the functioning of ICOs in their country.
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francesyrus
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April 21, 2018, 01:08:37 AM |
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Yeah it is very good news for the Philippines legalizing the use of bitcoin. The only problem I'm seeing is that some Filipinos make used of bitcoin to make scam others. And some media reporting that bitcoin is a scam without knowing that what make it looks scam because of some people that making use of bitcoin to have a investment scam. |
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obinine
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April 24, 2018, 03:48:28 AM |
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This is just the beginning of great news like this in the crypto sphere, we are going to here news of how many other countries joined in legalizating bitcoin and other crypto currencies as a means of transactions in there country. They have tried to take us down and found out that we are a strong community that can never go down. As they say, if you can't beat them, you join them. Lol
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Spontebob
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May 02, 2018, 04:08:04 PM |
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Yeah the government and the central bank of the Philippines greatly accepts bitcoin and this is a good news to us who need another source of income. Philippines and Japan are the 2 Asian countries that supports cryptocurrency the most. I hope more Filipino people will know about cryptocurrency and try to invest in it. This is a good news indeed for us bitcoin users  It is a great step for us. There are also Bitcoin ATM in a specific city in the Philippines that allows change cash and bitcoins. It is good to see that this is making progress in our country that are actually helpful in so many ways. |
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cryptobluemoon
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May 04, 2018, 06:14:47 PM |
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In Singapore Bitcoin is legal even banks encourage investing in bitcoin they is so much social acceptance for bitcoin in Singapore even most innovative blockchain projects come from Singapore
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Xester
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May 05, 2018, 05:39:00 AM |
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The government of the Philippines have already accepted two bitcoin exchanges in the Philippines and allow it to operate since those two exchanges are in compliance with the KYC and AML regulations as prescribed by the Law. But even though this is the case there are still victims of scams and ponzi schemes all over the country but because of this regulations the culprit have been easily caught by the authority. |
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Jonsnowstark
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May 05, 2018, 08:06:46 AM
Last edit: May 05, 2018, 08:41:51 AM by Jonsnowstark |
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Japan has long been supportive of bitcoin. If you don't have cash in Japan, its totally okay. You can go to the store and buy using your bitcoins. You can pay your hotels and even your flights with bitcoins. You need cash? There are bitcoin atm scattered all over the country. Japan is the most bitcoin friendly country in the world. I am not quuite sure about the government of the philippines if they are incorporating bitcoins in their country. But surely, if they do, it would be more convenient for people. This is a good start of a good era for bitcoin in asia. I hope most countries in the world will accept bitcoin and make it legal.
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VeronAncient
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May 05, 2018, 08:24:34 AM |
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this is great news for all digital currency users around the world. the Philippines will be an example for other countries, who dare to make rules to legalize and apply digital currency in the country. so it will make the growth of digital currency faster. and will have a good effect on the economy of the Philippines
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Hopeful2017
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May 05, 2018, 08:29:45 AM |
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There is already a locally and first ever exchange developed and created in the philippines. It is called CLX exchange in which you can buy and sell digital currency with very low fees. It is partnered with coins.ph, a wallet where you can store bitcoin, ethereum and peso. |
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2@abcdeeply
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May 05, 2018, 08:40:33 AM |
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Korea is a country that accepts BTC and other altcoin payments in trade and exchange. I know that Asia is the lesser-accepted region of altcoin. But in the future, Asia will accept them more widely.
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v0rtecxz
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May 05, 2018, 09:01:37 AM |
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Japan has long been supportive of bitcoin. If you don't have cash in Japan, its totally okay. You can go to the store and buy using your bitcoins. You can pay your hotels and even your flights with bitcoins. You need cash? There are bitcoin atm scattered all over the country. Japan is the most bitcoin friendly country in the world. I am not quuite sure about the government of the philippines if they are incorporating bitcoins in their country. But surely, if they do, it would be more convenient for people. This is a good start of a good era for bitcoin in asia. I hope most countries in the world will accept bitcoin and make it legal.
japan has been famous for adopting bitcoin, bitcoin development in Japan is very good, as you say you can spend bitcoin freely in Japan, if the Philippines can legalize bitcoin in their country may be better, as you say, there will be many benefits that can obtained from legalizing bitcoin, even for tourists visiting the country it will be easier for them to make some transactions without swapping their currency and only need to use bitcoin instead, if it happens it will be the main attraction |
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wewe123
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May 05, 2018, 09:06:56 AM |
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If that is true that an asian country to develop bitcoin transactions legally then that is good news about bitcoin because it will boast the stableness of bitcoin and there many people around the world would be more trusting bitcoin especially that it is already starting to be legalized its transactions and activities.
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oceantiger
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May 05, 2018, 09:11:46 AM |
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This is moral booster for Bitcoin and Blockchain technology. Philippines has the population and the market to help push bitcoin. If the government will successfully implement the adoption of bitcoin it will further push other countries within the region to follow. A good one.
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jhonnydeep87
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May 07, 2018, 04:05:07 PM |
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In Asian countries has shown a good attitude towards bitcoin lately in the Philippines. They have taken a leading role in validating good bitcoin to hear that legal transactions are being developed by others. The kind of good news we can need to continue to develop bitcoin.  |
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VeronAncient
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May 13, 2018, 01:44:45 PM |
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this is great news for all digital currency users around the world. the Philippines will be an example for other countries, who dare to make rules to legalize and apply digital currency in the country. so it will make the growth of digital currency faster. and will have a good effect on the economy of the Philippines
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Crypto Jaga
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May 13, 2018, 01:48:36 PM |
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This is a good news.
Japan became the first country legalizing bitcoin as a payment method last year, and actually Japanese is the most used fiat currency for cryptocurrency trading. South Korea also seems to working to legalise some part of blockchain innovations (probably ICOs could be the first step). I'm hoping more and more countries accept bitcoin as a legitimate payment method.
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atamat
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May 18, 2018, 03:41:12 PM |
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I think the only country that legallize bitcoin is japan. But other country in asia are now reviewing blockchain just like with our country philippines. Hope they accept bitcoin |
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Mapalast
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May 19, 2018, 02:37:13 PM |
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Many Filipinos are getting involved now in cryptocurrency and this move by their government is much expected from them. Many folks are also getting scammed due to this mass adaption of the public community and regulating the trades of these cryptocurrencies are much needed to combat these problems. My only take in this is that, hopefully, the laws and regulation that they will submit will "truly" benefit the cryptocommunity and not the politicians who are looking to take advantage of this. hope this good news could be heard by other country which still close minded with cryptocurrecies . since one of the reason the government wouldn't make it as a legal transaction cause they couldn't control of it, and they couldn't take taxes from it |
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Oppang Inamo
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May 19, 2018, 02:40:27 PM |
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Philippines have been using bitcoin a lot since it was introduced here. The bitcoin reputation here is already developing and is reaching a lot of people. But the recent news about bitcoin scam could also affect its development since many are still exploring about bitcoin and might cause them to be afraid in investing. Millions were scammed in that recent news. But still Im very happy that our country has opened up to different cryptocurrencies.
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