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Author Topic: One country in Asia to develop bitcoin transactions legally  (Read 1669 times)
tegarp90
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May 19, 2018, 03:54:58 PM
 #101

As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.

Very good move from a develop country in souht east asia.
I hope my country (Indonesia) will the track of philippines and start developin rules and regulations about crypto in Indonesia, right noww bitcoin is still banned in Indonesia due to many criminals use bitcoins fro transaction.
costanos02
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May 20, 2018, 03:20:22 AM
 #102

Philippines is doing great by accepting and developing bitcoin in the country, by doing this there is a high possibility of reducing the poverty. Philippine government must support cryptocurrency for its people.
Rooster101
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May 20, 2018, 04:30:19 AM
 #103

Philippines is doing great by accepting and developing bitcoin in the country, by doing this there is a high possibility of reducing the poverty. Philippine government must support cryptocurrency for its people.

Bitcoin is been used in the remittance business in the philippines and its been approved by the central bank. Some crypto exchanges were also given permit to operate by the government and many filipinos are increasingly involved in cryptocurrencies. There is a possibility that bitcoin might be legalized by the Philippine government in the future but it might be followed by the implementation of regulation because some monetary officials believe it needed to protect the public from any scams that uses cryptocurrencies. 
cmacwiz
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May 21, 2018, 09:48:47 AM
 #104

As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.
Asian countries like South Korea and japan has legalised bitcoin and legalised bitcoin transactions in their respective countries. These are the countries who has well understood the potential of bitcoin and has understood that the introduction of bitcoin in their nation can boost the development of their countries moreover I also heard the news that one large car selling dealers in South Korea has accepted bitcoins in exchange of car . Florida is the city of America who has accepted bitcoin for the tax payment and these countries has even experienced the growth of their country after introducing bitcoin.
niz3r_nade
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May 21, 2018, 06:15:53 PM
 #105

I was surprised to hear news from this philippine, a small country that wants to move forward and move on. I appreciate this philippine step to develop bitcoin in the country legally. I hope bitcoin can be legal in the country where I live.
mrox2011
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May 21, 2018, 06:27:48 PM
 #106

Hope this good idea will spread to the south asia also, without make any barrier to the good market!
btw cheers to the Philippians  Smiley
congtuan001122asd
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May 21, 2018, 06:33:50 PM
 #107

It is great that Philippines and Japan - two Asian countries have accepted bitcoin and legal transactions of bitcoin in the country. I hope that other Asian's countries will accept bitcoin.

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stayeduptolate
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May 23, 2018, 05:17:01 AM
 #108

As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.
As I can see very clearly that one by bitcoin me every country is legalising bitcoin. As by each passing day, months and years the sustainability of bitcoin has been proven to all its haters. Bitcoin has proved itself that it is not merely a currency, rather it is a revolution which is going to come in the coming years in the future of economy. Those countries who are getting the potential of bitcoin and get that legalising of bitcoin in their nation could boost the development of the country are legalising it and more and more countries are now into the bitcoin.
Flayme
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May 23, 2018, 06:00:20 AM
 #109

As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.

There are a lots of reported countries in asia which is agree with the legalization of bitcoin....  Especially in Philippines.... The government legalize it because they know that there are a lots of uses of bitcoin in developing the status of their country....  There are a lots of Filipino who are now a crypto user and probably one who recognizes the importance of bitcoin and other crypto....  It is a good starting point in promoting bitcoin all over the world....  Beyond of a lots of reported scam related to it.... Filipinos are very optimistic and so on the government....
KKH84
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May 23, 2018, 06:14:05 AM
 #110

Good progress for the philippines and i hope for south east asia region will follow the trail of philippines including indonesia and malaysia.
Hmei777
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May 23, 2018, 08:15:03 AM
 #111

As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.

yes, hopefully this is the beginning of the development of bitcoin in asia. I really hope bitcoin is rapidly growing in Asia and extending to the whole world. I also hope that countries in Asia can accept bitcoin as a legal means of payment. I'm sure bitcoin will be more expensive if countries start using bitcoin for technological developments.
johnlhy253
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May 23, 2018, 08:20:10 AM
 #112

Wow! thank you for this information. Newbie from PH.
Dmtriiltc
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May 23, 2018, 08:24:28 AM
 #113

Guys, hello evbdy ! dont want to make new topic , so if anybody knows pls tell me here  - what is the best asian countries for crypto ? i am planning to travel over asia - does Thailand good for crypto or no ?

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Powerpuff
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May 23, 2018, 08:28:19 AM
 #114

Yes, they have been very positive towards cryptocurrency. Philippines government will also allow 10 Blockchain and cryptocurrency companies to operate in the Cagayan Economic Zone. The companies will reportedly be the first Blockchain and crypto-related firms to legally operate in the Philippines after the Cagayan Economic Zone Authority (CEZA) established a fintech hub with the goal of creating an Asian “Silicon Valley”. CEZA is a state-owned corporation that manages the Cagayan Special Economic Zone and Freeport.
princeyeboah
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May 23, 2018, 08:34:23 AM
 #115

As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.
Also, South Korea has retraced its initial stands on the nonacceptance of Bitcoin. More countries not only Asian countries will join the Bitcoin and cryptocurrency train in no time. I wouldn't be surprise to see Philippines coming up with their own cryptocurrency which will lead them to a more cashless society.

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BoyleWilder
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May 30, 2018, 08:33:52 AM
 #116

 It will spread out in the local news like CNN, and more countries will follow. The only thing that might prove difficult for this is the decision made by the government in Bitcoin
eekkaa
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May 30, 2018, 09:19:14 AM
 #117

if only one country legalizes bitcoin and receives bitcoin as a payment it may be a trigger for some other countries to follow in the footsteps of the country, so that all countries can accept bitcoin and legalize bitcoin.
kucritt
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May 30, 2018, 09:26:52 AM
 #118

is this true that philiphine will developt he bitcoin transaction legally? if yes i think phipiline is the one of south east asian country that make bitcoin legal in their country, and i hope if this happen other country like singapore thailand will follow them

lakita
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May 31, 2018, 06:38:20 AM
 #119


It is acceptable, but countries have too many strict rules to it
Muspion
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June 16, 2018, 03:12:51 PM
 #120

Philippines takes a leading role in validating good BTC to hear that public transactions are being developed by others, this is the good news we need to continue developing Bitcoin and currently Asian countries have shown good fangs or attitudes toward bitcoin
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