[26-04-2018] Philippine Government Opens Doors To Crypto Operators

[bitzamp.com]

Philippine Government Opens Doors To Crypto Operators Into Economic Zone
A government official said 10 blockchain and digital currency companies will be allowed to operate in the Philippines’ economic zone. The tax levied on the companies will be useful for eradicating unemployment from the country. According to a report, the companies licensed by Philippines regulators

Read More: https://news.bitzamp.com/philippine-government-opens-doors-to-crypto-operators-into-economic-zone/

[1714140638]

1714140638

[1714140638]

1714140638

[1714140638]

1714140638

[1714140638]

1714140638

[1714140638]

1714140638

[Kemarit]

I try to check the link but it seems unavailable as of this time. However, the last time I heard it was reported that they are allow 11 local trading exchanges to be open so I don't know if this is different from the 10 blockchain and digital companies being reported in the article. But I don't know if it can totally eradicate unemployment in the country, but perhaps can give more people another opportunity to get a job as we all know that unemployment is one their problems. That's why poor people went as far as involving themselves in selling drugs. Anyways that another issue, goodluck and hope that the country can moved forward in the next decade.

[cetald]

This step is certainly useful for the country. But while talking about this early. So far, only rumors. On the official portals of the Philippines, I did not find any information about crypto