PNB looks into use of bitcoin!

[charmander]

This is nice! I heard UnionBank announced that it would offer the country’s first blockchain payment system for businesses.
Unti unti nang ineembrace ng philippine banks ang blockchain.

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[crisanto01]

This is nice! I heard UnionBank announced that it would offer the country’s first blockchain payment system for businesses.
Unti unti nang ineembrace ng philippine banks ang blockchain.

nakita kasi ng PNB kung gaano ka sistematic ang pwedeng mangyari sa sistem nila kaya pati blockchain payment system ay gusto na nilang pasukin, for sure susundan ng ibang bangko dito sa bansa natin ang gagawin nilang hakbang na yan

[ThePogi]

Sa tingin ko talagang no choice ang mga banko kundi tangapin ang blockchain s kanilang features kasi malaki ang kikitain nila dito ang problema lang kung papayag ba ang banko sentral ng pilipinas na pumasok ang cryptocurrency dito sa pilipinas dahil malamang ay malaki ang magiging epekto nito sakanila.

[makolz26]

Sa tingin ko talagang no choice ang mga banko kundi tangapin ang blockchain s kanilang features kasi malaki ang kikitain nila dito ang problema lang kung papayag ba ang banko sentral ng pilipinas na pumasok ang cryptocurrency dito sa pilipinas dahil malamang ay malaki ang magiging epekto nito sakanila.

hindi dahil sa no choice sila kasi nakita nila ang pwedeng mangyari kung gagamitin nila ang blockchain mas mapapadali ang transactions nila sa bawat client, tingin ko naman walang dahilan para hindi payagan ang paggamit ng blockchain kasi kailangan lang naman nila ito para mas mapaganda ang sistema nila

[Malaya]

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

Sa tingin ko, iaadapt at iaadapt talaga ng mga banko ang cryptocurrencies specifically bitcoin dahil sa trend ng technology. Darating kasi ang point na we will be living in a cashless society. Kaya using digital or cryptocurrencies will become a must.

Kung magsisimulang iadapt ng mga bangko sa bitcoin, magiging dahilan ito ng pagtaas ng demand na kasabay din ng pagtaas ng price nito. Though maliit na percentage lang ang adaptation ng Pilipinas sa bitcoin, pero atleast it will make impact.

[baby02]

Sana tuloy-tuloy nayan at marami pang bangko ang susunod na tatangap nang bitcoin, malaking tulong ito para sa atin mga pilipino na involve sa crypto.

[crisanto01]

sa ngayon hindi pa naman talaga regulated ito sa lahat ng bangko kasi sa pagkakaalam ko patuloy pa rin itong pinagaaralan ng ilang bangko dito sa ating bansa kasi hindi rin naman biro ito sapagkat hindi nga stable ang value ng bitcoin at ang ibang coin. mabilis rin ang galawan ng bawat isa

[sarsi]

Napakagandang balita ito para sa lahat. Magiging madali ang ating mga transaction sa bangko at higit sa pahat mauunawaan na nila ang bitcoin para oras na tayo ay mag open account sa kanila ay madali na.

[Edraket31]

Napakagandang balita ito para sa lahat. Magiging madali ang ating mga transaction sa bangko at higit sa pahat mauunawaan na nila ang bitcoin para oras na tayo ay mag open account sa kanila ay madali na.

Well, good news eto para sa ating lahat, dahil lalong makikilala ang bitcoin dito sa bansa natin at kapag ngyari yon makikilala ang bansa natin na isa sa mga pinakamadaming investors and users pag ngyari yan for sure ay maraming mga tao ang magtitiwala sa atin kagaya na lamang sa ibang bansa and for sure kung may opportunity sa atin un ibibigay.

[shainasaz]

Sana nga totoo ang balitang ito dahil kapag nangyari ito mas makikilala pa ang bitcoin hindi lang sa ating bansa kundi sa buong mundo at tiyaka nakita sigurado nila na papadami ang investor nito kaya ginawa nila ito pero sa pagkakaalam ko pinag-aaralan pa nila ito para maging maayos at walang maging problema sa paggamit nito.

[Kim Ji Won]

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. 

Siguro magdedepend sila sa ETH blockchain as yun ang mas magandang gamitin. Kasi kung gagawa sila ng bagong blockchain, I doubt makakagawa sila ng efficient one tulad ng mga existing na. Hindi nman sa minamaliit ko ang kakayahan ng mga pinoy subalit, tingin ko ay wala pa tayong tao na expert pag dating sa mga ganyan. Isa pa, pag aaralan pa nila ito ng matagal kung sakali man na ipush nila ang lag gawa ng sariling blockchain.

[Luigieee]

Isa itong magandang balita,dahil ngayon mas tumataas ang presyo ng isa token kapag may isang bansa ng nag aacept nito, at sa tingin ko naman makakahikayat ito sa pag taas ng bitcoin at isa pa doon ay nakaka proud dahil ang banko natin ay tinitignan ito for many purposes.

[sajidmukalil]

Isa itong magandang balita para sa atin ... sana ituloy nila ang pag use ng bitcoin at magkaroon tayo ng maraming option...

[Gastonic]

Isang magandang balita para sa atin na unti-unti na natin na accept sa Pilipinas ang cryptocurrency. Sana mag tuloy tuloy na ito para mapabilis ang mga transaction natin.

[Fourgh]

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

That sounds nice. But how about the taxation? What will the banks do about that? Bitcoin was supposed to be government and tax free to it's core..

[IntelligentIdiot]

Right now only Unionbank of the Philippines and Philippine National Bank are the only banks that are considering to review and observe Bitcoin and blockchain technology. That is already good news if you are going to take note about the things happening in our country in relation to Bitcoin and Cryptocurrency acceptance. It is just a matter of time before this can be accepted nationwide and we pioneers as long as we do it right, might become successful in cryptocurrencies.

[Singwala]

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

Magandang balita ito ah. Siguradong magiging maganda at tataas pa ang demand ng bitcoins sa ating bansa. Siguradong mas maraming tao pa ang mag iinvest sa bitcoin at siguradong ito na ang simula ng cryptocurrency revolution ! Nag magpapamulat sa mga tao na mas mainam na gamitin ang bitcoin para sa mabilis at no fee transaction.

[vinzon04295]

For nost of bitcoin user here in Philippines magandang balita ito since ang PNB ay banko at nakaakibat na sa banko ang d pagtanggap sa mga ganitong klase ng salapi so magandang balita nag pagtanggap g pnb ng bitcoin sa kanilang system so hope this will be the rise of bitcoin

[Hiimgosu]

This looks like when they try to unify a lot of bank commerce to establish partnerships with bitcoin. With this, bitcoin could be very dependent in the banks for local transactions and their will be faster connections.

[Assface16678]

This is nice! I heard UnionBank announced that it would offer the country’s first blockchain payment system for businesses.
Unti unti nang ineembrace ng philippine banks ang blockchain.

nakita kasi ng PNB kung gaano ka sistematic ang pwedeng mangyari sa sistem nila kaya pati blockchain payment system ay gusto na nilang pasukin, for sure susundan ng ibang bangko dito sa bansa natin ang gagawin nilang hakbang na yan

Sa tingin ko pinag-aralan na nila or pinag-aaralan ang blockchain system at sa tingin ko ay nagugustuhan nila ang mga nalalaman nila about dito kaya gusto nilang maimplement ang ganitong sistema. Magkakaroon ng mas malawak na coverage ang bitcoin withdrawal sa Pilipinas pag nagkataon, Lalo na't kasama sa Leading banks ang PNB sa Pilipinas.