PNB looks into use of bitcoin!

[jonas5222000]

TOP official of the Philippine National Bank (PNB) vows to study bitcoin amid Bangko Sentral ng Pilipinas (BSP) accepting stance on cryptocurrencies. PNB chair Flor Gozon Tarriela said they are looking at bitcoin and blockchain technology very cautiously but stressed the bank is not into it yet. “PNB will closely study the disruptions going on in the financial sector. We want to know more about the trends. We want to be aware of what is happening. But as to our plans to venture, we are not into it yet,” said Tarriela, adding that they are in the process of studying its dynamics and its possible effects to the banking business. A bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. While it recognized the potential benefits of virtual currencies as it facilitate the movement of funds at a much faster, cheaper, and convenient way, the BSP is equally cautious of the potential risks including illicit activities such as money laundering and terrorist financing.

It has advised the public that they have to be conscious of the opaqueness of transactions involving bitcoins. To minimize risks, the BSP encouraged existing and prospective virtual currency users to deal only with BSP-registered virtual currency exchanges and maintain only a sufficient amount of virtual currency enough to address transaction requirements. BSP warned that virtual currency users should properly secure their virtual currency holdings and observe security tips to protect the confidentiality and integrity of personal information and transaction details. “The BSP still has to issue regulations on this virtual currencies. But, we, in the banking industry advocate the know-your-customer first,” said Tarriela. PNB’s thrust this year is to go digital. Tarriela said they have launched mobile banking apps to cater to the needs of the tech-savvy market. “The way to go, really, is digital,” she said, adding that this will also help them reach out to the unbanked population.

Source : http://www.sunstar.com.ph/cebu/business/2018/03/09/pnb-looks-use-bitcoin-592675

[rowel21]

After uninon banks pnb and even banko sentral then all Banks Will accept btc as a kind of currency this will  effect the price to rise up
Crypto will be partners of all banks soon cause they don't have  choice but to collaborate

[rommelzkie]

Sooner or later magiging in - demand na dito satin ang mga block chain specialist and developers. Ang iniisip ko lang eh kung anung block chain  technology ang gagamitin ng ating mga bank sector?

ETH?
EOS?
Waves?
Ripple?
Etc..

Or gagawa sila mismo ng sarili nilang blokchain. nakakatuwa at suportado ng BSP ang crypto currency. We are lucky. 

[BuenasBitcoin1]

Sooner or later magiging in - demand na dito satin ang mga block chain specialist and developers. Ang iniisip ko lang eh kung anung block chain  technology ang gagamitin ng ating mga bank sector?

ETH?
EOS?
Waves?
Ripple?
Etc..

Or gagawa sila mismo ng sarili nilang blokchain. nakakatuwa at suportado ng BSP ang crypto currency. We are lucky. 

Naku sana sa bitcoin nalang sila tumutok dahil mas stronger ang foundation ni bitcoin compare sa mga alt coins... nakita din naman natin kung gaano ka expensive si bitcoin... kaya sa bitcoin nalang wala ng iba;) kung pwede;)

[Bigboss0912]

TOP official of the Philippine National Bank (PNB) vows to study bitcoin amid Bangko Sentral ng Pilipinas (BSP) accepting stance on cryptocurrencies. PNB chair Flor Gozon Tarriela said they are looking at bitcoin and blockchain technology very cautiously but stressed the bank is not into it yet. “PNB will closely study the disruptions going on in the financial sector. We want to know more about the trends. We want to be aware of what is happening. But as to our plans to venture, we are not into it yet,” said Tarriela, adding that they are in the process of studying its dynamics and its possible effects to the banking business. A bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. While it recognized the potential benefits of virtual currencies as it facilitate the movement of funds at a much faster, cheaper, and convenient way, the BSP is equally cautious of the potential risks including illicit activities such as money laundering and terrorist financing.

It has advised the public that they have to be conscious of the opaqueness of transactions involving bitcoins. To minimize risks, the BSP encouraged existing and prospective virtual currency users to deal only with BSP-registered virtual currency exchanges and maintain only a sufficient amount of virtual currency enough to address transaction requirements. BSP warned that virtual currency users should properly secure their virtual currency holdings and observe security tips to protect the confidentiality and integrity of personal information and transaction details. “The BSP still has to issue regulations on this virtual currencies. But, we, in the banking industry advocate the know-your-customer first,” said Tarriela. PNB’s thrust this year is to go digital. Tarriela said they have launched mobile banking apps to cater to the needs of the tech-savvy market. “The way to go, really, is digital,” she said, adding that this will also help them reach out to the unbanked population.

Source : http://www.sunstar.com.ph/cebu/business/2018/03/09/pnb-looks-use-bitcoin-592675

Kapatid ito ung nakikita ko in the future unting unti na tumatanggap ang mga bangko nang crypto currency kaya dadating ang panahon na hindi na tayo mahihirapan sa mga  transaction.at ang pinakamahalaga sa lahat ay ung suportado nang BSP ang lahat nang pag,aaral patungkol sa bitcoin crytocurrency tnx po sana matutukan na ito para ang mga invistor hindi na mahirapan godbless po......

[Creepings]

Sooner or later magiging in - demand na dito satin ang mga block chain specialist and developers. Ang iniisip ko lang eh kung anung block chain  technology ang gagamitin ng ating mga bank sector?

ETH?
EOS?
Waves?
Ripple?
Etc..

Or gagawa sila mismo ng sarili nilang blokchain. nakakatuwa at suportado ng BSP ang crypto currency. We are lucky. 

Naku sana sa bitcoin nalang sila tumutok dahil mas stronger ang foundation ni bitcoin compare sa mga alt coins... nakita din naman natin kung gaano ka expensive si bitcoin... kaya sa bitcoin nalang wala ng iba;) kung pwede;)

Hindi naman pepwede na sa isang digital currency lang tayo magfocus since napakaraming ibang digital currency na pwedeng ifocus. Siguro kung hindi bitcoin, it will be either Ethereum or maybe Waves or Ripple.
Pero kung hindi yun bitcoin, sigurado ETH yun since it is the major platform of many altcoins in circulation.

[ChardsElican28]

TOP official of the Philippine National Bank (PNB) vows to study bitcoin amid Bangko Sentral ng Pilipinas (BSP) accepting stance on cryptocurrencies. PNB chair Flor Gozon Tarriela said they are looking at bitcoin and blockchain technology very cautiously but stressed the bank is not into it yet. “PNB will closely study the disruptions going on in the financial sector. We want to know more about the trends. We want to be aware of what is happening. But as to our plans to venture, we are not into it yet,” said Tarriela, adding that they are in the process of studying its dynamics and its possible effects to the banking business. A bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. While it recognized the potential benefits of virtual currencies as it facilitate the movement of funds at a much faster, cheaper, and convenient way, the BSP is equally cautious of the potential risks including illicit activities such as money laundering and terrorist financing.

It has advised the public that they have to be conscious of the opaqueness of transactions involving bitcoins. To minimize risks, the BSP encouraged existing and prospective virtual currency users to deal only with BSP-registered virtual currency exchanges and maintain only a sufficient amount of virtual currency enough to address transaction requirements. BSP warned that virtual currency users should properly secure their virtual currency holdings and observe security tips to protect the confidentiality and integrity of personal information and transaction details. “The BSP still has to issue regulations on this virtual currencies. But, we, in the banking industry advocate the know-your-customer first,” said Tarriela. PNB’s thrust this year is to go digital. Tarriela said they have launched mobile banking apps to cater to the needs of the tech-savvy market. “The way to go, really, is digital,” she said, adding that this will also help them reach out to the unbanked population.

Source : http://www.sunstar.com.ph/cebu/business/2018/03/09/pnb-looks-use-bitcoin-592675

Good news po yan sa mga invistor kasi dumating na ung time na pinag,aaralan na nila ang bitcoin crytocurrency at supported pa ito nang BSP  kaya sa pag,aaral na ito dadating ang time na ang  crypto currency tatanggapin na nang ibang bangko

[Xenrise]

Narinig ko na din to and I think na this would be a good thing for all of us. Sa tingin ko na tatagal pa talaga ang crypto sa pilipinas. At hindi lang tatagal siguro stay na to habang buhay. Sana, let's just cross our fingers for this one. And I am so happy na kilala na ang btc sa pilpinas talaga.

[raymondsamillano]

Just, because BSP, SEC and banks can no longer control the spread and increase of cryptocurrency in our country. They had also checked how other countries are using crypto such as Japan, Mexico and other countries. Thanks to their collaboration in learning to integrate with bitcoin and blockchain technology.  On the other hand, blockchain technology can support the security level of banks in using online transaction.

[jao18]

Kung magyari man itong panukalang ito ay makakabuti sa lahat ng gumagamit ng cryptocurrency isa itong.malaking achivement kung magkatotoo kailnagn lng nilng gumawa ng sariling coin
Hintayin nkng natin kung anu ang magandang mangyayari kapag natupad ito

[kaya11]

Dapat ngayon palang pagtuunan na ng pansin ang mga ganitong bagay. Noon pa man ay pinag sasawalang bahala lang mga mga imbensiyon ng mga pinoy at ibang lahi ang nakikinabang. Oras na para baguhin ang at ibahin ang ihip ng hangin.
Nandito tayo sa magandang panahon at pagkaaktaon dahil amyroon tayong mabuti at may pusong Presidente. Dapat na sigurong magkaroon ng iskolarship ang mga estudyante at pag-aralan ang ganitong teknolohiya.
Anu pa man at paaralin mo ang mga kabataan sa UP eh magiging terorista din naman. Mas maganda paralin na lang sa isan prestehiyosong paaralan ng teknolohiya.
Magiging banker man ang mga mag aaral eh magnanakaw din naman. Bagay na nag papabagsak ng isang masagang ekonomiya ng bansa. Ang mga banko ay kumukuha din naman ng pondo sa mga tao at yun din naman ang kanilang ginagamit para palaguin ang kanilang negosyo, Ngayon dumating ang teknolohiya ng blockchain at nararamdan na nilang palugi na sila dahil mawawalan talgasila ng limpak na saliapi ay umaayon na lamang sila sa daloy nito.
Kaya bagay na dapat pag aralan din ng pamahalaan upang makontr ang mga ganitong bagay. Sa ngayon wala pa akong alam na kabataang nag aral ng teknolohiyang eto(malalim na pananliksik). Ewan ko na lamang sa mga mahal nating moderator, Baka sila ay mga ekspertong programer at may malalim na kaalaman.

[micko09]

Magandang balita to na unti unti na yung mga banko na maging open sa blockchain, after unionbank sumunod agad ang PNB sa pag alam sa blockchain, at im sure maraming bank ngayon ang naiinterest sa blockchain technology siguro nag aantay lang talaga sila ng official announcement sa BSP

[cryptoman512]

Sooner or later magiging in - demand na dito satin ang mga block chain specialist and developers. Ang iniisip ko lang eh kung anung block chain  technology ang gagamitin ng ating mga bank sector?

ETH?
EOS?
Waves?
Ripple?
Etc..

Or gagawa sila mismo ng sarili nilang blokchain. nakakatuwa at suportado ng BSP ang crypto currency. We are lucky. 

possible na gumawa ng sariling permissioned blockchain kagaya ng ginawa ng american express. Yung ripple ang possible na pwede nilang iintegrate sa banking nila since its a permissioned blockchain. Kung about naman sa acceptance ng bitcoin eh diyan sila very cautious.

[cbdrick12]

Di mag tatagal e matatanggap na din dito sa bansa natin yang ganitong transactions. Kakailanganin nadin ng mga professional para sa mga ganitong gawa.

[KrishaBitcoin]

Sooner or later magiging in - demand na dito satin ang mga block chain specialist and developers. Ang iniisip ko lang eh kung anung block chain  technology ang gagamitin ng ating mga bank sector?

ETH?
EOS?
Waves?
Ripple?
Etc..

Or gagawa sila mismo ng sarili nilang blokchain. nakakatuwa at suportado ng BSP ang crypto currency. We are lucky. 

Sa palagay ko dapat Ethereum kasi subok ba subok na ito at halos lahat ICO ang Ethereum platform ang ginagamit sa kanilang mga projects so dapat ito na rin sana ang gamitin nila.

[Chyzy101]

Sooner or later magiging in - demand na dito satin ang mga block chain specialist and developers. Ang iniisip ko lang eh kung anung block chain  technology ang gagamitin ng ating mga bank sector?

ETH?
EOS?
Waves?
Ripple?
Etc..

Or gagawa sila mismo ng sarili nilang blokchain. nakakatuwa at suportado ng BSP ang crypto currency. We are lucky. 

possible na gumawa ng sariling permissioned blockchain kagaya ng ginawa ng american express. Yung ripple ang possible na pwede nilang iintegrate sa banking nila since its a permissioned blockchain. Kung about naman sa acceptance ng bitcoin eh diyan sila very cautious.

kung gagawa sila ng sarili nilang blockchain malaking break ito para sa mga local na programers and developers sa ating bansa ang tanong e kung kaya ba nila itong bigyan ng budget. syempre pag aaralan muna nila ang mga pros and cons pag ginawa nila ito. marami pa ang mga gagawin at pag aaralan dito. alam naman natin na hindi pa ganun ka kilala ang mga cryptos dito sa ating bansa lalo na siguro ang technology sa limod nito

[m.mendoza]

Tama yan at maganda yan dahil paunti unti sa blockchain. Mas maganda yan kung payagan na talaga ng bsp at hindi lang PNB kagaya din ng union bank sana mas madami pa ang bank kung sakali man mangyari ito.

[caudalmar]

TOP official of the Philippine National Bank (PNB) vows to study bitcoin amid Bangko Sentral ng Pilipinas (BSP) accepting stance on cryptocurrencies. PNB chair Flor Gozon Tarriela said they are looking at bitcoin and blockchain technology very cautiously but stressed the bank is not into it yet. “PNB will closely study the disruptions going on in the financial sector. We want to know more about the trends. We want to be aware of what is happening. But as to our plans to venture, we are not into it yet,” said Tarriela, adding that they are in the process of studying its dynamics and its possible effects to the banking business. A bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. While it recognized the potential benefits of virtual currencies as it facilitate the movement of funds at a much faster, cheaper, and convenient way, the BSP is equally cautious of the potential risks including illicit activities such as money laundering and terrorist financing.

It has advised the public that they have to be conscious of the opaqueness of transactions involving bitcoins. To minimize risks, the BSP encouraged existing and prospective virtual currency users to deal only with BSP-registered virtual currency exchanges and maintain only a sufficient amount of virtual currency enough to address transaction requirements. BSP warned that virtual currency users should properly secure their virtual currency holdings and observe security tips to protect the confidentiality and integrity of personal information and transaction details. “The BSP still has to issue regulations on this virtual currencies. But, we, in the banking industry advocate the know-your-customer first,” said Tarriela. PNB’s thrust this year is to go digital. Tarriela said they have launched mobile banking apps to cater to the needs of the tech-savvy market. “The way to go, really, is digital,” she said, adding that this will also help them reach out to the unbanked population.

Source : http://www.sunstar.com.ph/cebu/business/2018/03/09/pnb-looks-use-bitcoin-592675

how about bdo, being the "number one bank"?  this is good news about pnb, to think na parang traditional bank siya.  sana we also hear about other banks looking into the crypto potential for the philippine market. 

[mrsbee]

Unti unti nang natatanggap ng bangkong sector dito sa bansa natin crypto currency hanggang sa tuluyan ng maipakilala sa mga negosyante at mga ordinaryong mamamayan natin..

[paparexon0414]

Nice kung ganun. Mas maraming option tayong mga Pilipino. Unlike sa BDo, may nabasa akong thread about sa pag freeze ng account ng isa nating kababayan dahila nga source ng kanyang kita is thru online trading, bitcoins and crytocurrencies. di ko sure kung nireregulate lang nila o talagang ban lang sa kanila ang ganun pinagkakakitaan. Ito, ay di ko alam kung 100% sure dahil share lang diro sa forum (di ko malagay link natabunan na rin kasi). Pero mas maganda na rin na mas maraming banko, lalawak na ang kaalaman ng Pinoy sa bitcoin and other cryptocurrencies. Baka dumating tayo sa point na maging no.1 user tau sa asia.