Philippine Gov’t To Allow Country’s 1st Crypto Businesses

[chickenado]

Hello may i share lang po ako na balita noong April 26, 2018 pa ito at para sa mga noypi dyan na hindi pa nabasa ang news na ito. Dito natin makikita na open talaga ang bansa natin sa Cryptocurrency.

Ito po ang link ng pinagkuhaan ko https://cointelegraph.com/news/philippine-govt-to-allow-countrys-first-crypto-businesses-in-special-economic-zone



The Philippine government will 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.

Chief of CEZA Raul Lambino stated that they will permit cryptocurrency exchanges, mining, and Initial Coin Offerings (ICOs):

“We are about to licence 10 platforms for cryptocurrency exchange. They are Japanese, Hong Kong, Malaysians, Koreans. They can go into cryptocurrency mining, Initial Coin Offerings, or they can go into exchange.”

Lambino stressed that crypto-to-fiat and fiat-to-crypto exchange transactions should be conducted offshore, in order to avoiding running afoul of Philippine law.

Firms are expected to generate employment in exchange for the tax breaks they will receive. CEZA will also require the companies to invest at least $1 mln over two years and pay up to $100,000 in licence fees. Lambino added that CEZA is also looking to build a Blockchain and fintech university to provide skilled employees for the new companies.

Earlier this month, the Securities and Exchange Commission (SEC) of the Philippines issued an advisory on cryptocurrency Cloud Mining contracts, demanding that they be classified as securities.

Good news ito if this is true.  Makakatulong talaga sa economiya ng Pilipinas if sakaling tutuo ito at madaming pilipino ng maeducate kong ano talaga ang cryptocurrency at paano ang tamang pag imvest or pag gamit dito. Sa tingin ko dapat talagang may proper knowledge kung sino man ang gustong sumubok kasi I have heard that here in the Philippines madaming gumagamit sa pangalan ng BITCOIN para e scam lang ang kapwa nila.  Embis na maganda sa na ang maidudulot may bad image na tuloy ang cryptocurrency specially dito sa pinas dahil sa kagagawang ng iilan lng mga makasarili na tao. Nakita ko mismo sa news itong paggamit ng name na Bitcoin here in the phils para lamangan ang kapwa. So mas maigi may proper desimination of knowledge ukol sa platform na ito para mas maintindihan ng mga tao at mawala ang negatibong impresyon nila dito.

[Lenzie]

Tapos kakainin na naman ng mga corrupt na politiko ang pagpapatakbo ng cryptocurrency. They might have receive huge money on that kaya pumayag na din ang sec.

Kasamahan niyan handa na ba sila sa mga risk na kasabay ng pag oopen up? Dapat ganyan lang din ang patakbo, may mga limit ang pagopen ng ICO para atleast kahit papano nareregulate.

Medyo negative pero kasi nakakatakot, lalo na't kaoag corrupt ang hahawak, hahanap at hahanao yan ng way kung panos isipsipin yung pangangailangan nila sa crypto.

[n4poleon]

It might be good as an employment sa mga taga dun, pero bka provincial rate parin sahod mo jan.

In my opinion, walang magandang innovation na lalabas dito, lalo na pag permissioned government-controlled environment. Kailan pa ba nag innovate ang gobyerno? Isipin mo nalng - if magagawa ba ni satoshi ang bitcoin in the same environment? malamang hindi.

[Sonamziv_99]

Magandang balita iyan sa ating mga kapwa bitcoiners, sana namang hindi to haka-haka o isang katuwaan lamang. LAganap na ang crypto sa ating mundo subalit tayong bansa na lang ang nananatiling hindi pamilyar o di kaya'y hindi aware. Madami namang magandang mangyayari kung mapapalaganap ito sa ating bansa, maari itong umunlad. Subalit nakadepende ito sa ating gobyerno kung paano nila ito panghahawakan. Magiging successful ang ating bansa kung marinong ang namamahala o ang leader nito.

[Muzika]

magandang balita dahil sa magkakaroon ng ganyan dto satin pero sana makita din nila na kung 10 yan bakit sa cagayan lang umiikot, isa pa wala pa tayong konkretong batas para sa mga yan baka ang mangyare sa mga ICO na yan tumakbo tapos sila pa ang mag back up dyan dahil sa laki ng pwede nilang makuha ang kalaban lang naman natin dyan e ang mga kurap ng pulitiko e, maganda pero pwedeng samantalahin dahil sa kakulangan ng mga regulations sa bansa natin.

[crazylikeafox]

dito na nag babadya and pagkakaroon nang tax sa mga cryptocurrency investors sa bansa, na sanay kung matuloy man e sa tamang mga kamay mapunta at magamit sa pag unlad nang ating bansa.

[lloyd13]

Hello may i share lang po ako na balita noong April 26, 2018 pa ito at para sa mga noypi dyan na hindi pa nabasa ang news na ito. Dito natin makikita na open talaga ang bansa natin sa Cryptocurrency.

Ito po ang link ng pinagkuhaan ko https://cointelegraph.com/news/philippine-govt-to-allow-countrys-first-crypto-businesses-in-special-economic-zone



The Philippine government will 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.

Chief of CEZA Raul Lambino stated that they will permit cryptocurrency exchanges, mining, and Initial Coin Offerings (ICOs):

“We are about to licence 10 platforms for cryptocurrency exchange. They are Japanese, Hong Kong, Malaysians, Koreans. They can go into cryptocurrency mining, Initial Coin Offerings, or they can go into exchange.”

Lambino stressed that crypto-to-fiat and fiat-to-crypto exchange transactions should be conducted offshore, in order to avoiding running afoul of Philippine law.

Firms are expected to generate employment in exchange for the tax breaks they will receive. CEZA will also require the companies to invest at least $1 mln over two years and pay up to $100,000 in licence fees. Lambino added that CEZA is also looking to build a Blockchain and fintech university to provide skilled employees for the new companies.

Earlier this month, the Securities and Exchange Commission (SEC) of the Philippines issued an advisory on cryptocurrency Cloud Mining contracts, demanding that they be classified as securities.

Kung maipapatupad ang pagkakaroon ng cryptocurrency sa ating bansa ito'y magkakaroon ng magandang dulot tulad ng pag-unlad ng ekonomiya ng ating bansa. Ngunit dapat ay kailangan muna natin ng sapat na kaalaman tungkol dito nang sa gayon ay matutunan natin ang tamang paggamit nito upang umunlad ang bawat isa sa atin.

[BLAST2MARS]

Napakaraming trabaho ang maiiambag niyan sa bansa natin. Tapos Japan, Hong Kong at Malaysia ang mag-ooperate ay siguradong magiging fait at stable ang sahuran ng mga manggagawa nito. Mabuti na lang at positibo ang gobyerno natin sa crypto para lalong mapabilis ang pag-unlad nating mga pinoy.

[chrisnewsome]

Hindi talaga pwedeng mangyari ang ganyang scenario since mau-undermine ng cryptocurrency ang current currency ng ating gobyerno. Made-destablize ang halaga ng currency ng gobyerno at malulugi ng malaki ang Bangko Sentral ng Pilipinas at mga naglalakihang banking institutions.

[Ollie1]

Hello may i share lang po ako na balita noong April 26, 2018 pa ito at para sa mga noypi dyan na hindi pa nabasa ang news na ito. Dito natin makikita na open talaga ang bansa natin sa Cryptocurrency.

Ito po ang link ng pinagkuhaan ko https://cointelegraph.com/news/philippine-govt-to-allow-countrys-first-crypto-businesses-in-special-economic-zone



The Philippine government will 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.

Chief of CEZA Raul Lambino stated that they will permit cryptocurrency exchanges, mining, and Initial Coin Offerings (ICOs):

“We are about to licence 10 platforms for cryptocurrency exchange. They are Japanese, Hong Kong, Malaysians, Koreans. They can go into cryptocurrency mining, Initial Coin Offerings, or they can go into exchange.”

Lambino stressed that crypto-to-fiat and fiat-to-crypto exchange transactions should be conducted offshore, in order to avoiding running afoul of Philippine law.

Firms are expected to generate employment in exchange for the tax breaks they will receive. CEZA will also require the companies to invest at least $1 mln over two years and pay up to $100,000 in licence fees. Lambino added that CEZA is also looking to build a Blockchain and fintech university to provide skilled employees for the new companies.

Earlier this month, the Securities and Exchange Commission (SEC) of the Philippines issued an advisory on cryptocurrency Cloud Mining contracts, demanding that they be classified as securities.

About time na para magkaroon ng cryptocurrency sa Pilipinas, matagal na itong tumatakbo at napapanahon ito na gamitin lalo na't dumarami na ang mga isyu na kinahaharap ng ating bansa. Marapat lamang na masusi itong pagplanuhan upang maiwasan ang korupsyon sa mundo ng cryptocurrency dahil na rin sa mga opisyal na mayroong mga history sa mundo ng pinansyal. Ang crypto sa bansang Pilipinas ay higit na makatutulong lalo na sa ekonomiya na maaaring magdulot ng muling pag-usbong ng Pilipinas sa mapa ng mundo.

[Aying]

Hindi talaga pwedeng mangyari ang ganyang scenario since mau-undermine ng cryptocurrency ang current currency ng ating gobyerno. Made-destablize ang halaga ng currency ng gobyerno at malulugi ng malaki ang Bangko Sentral ng Pilipinas at mga naglalakihang banking institutions.

Why not? It is time for us to step up I don't think na malulugi ang BSP kasi buy and sell naman ang ngyayari sa crypto eh, so I don't think na malulugi ang BSP tsaka hindi naman lahat into crypto eh meron lang iilan and wala pa ata sa 10% ang nakakaalam nito sa bansa natin eh.

[jamesbald]

Una sa lahat, imposible ang gustong manyari ng ating gobyerno na payagan na magtayo ng kauna-unahang Crypto Businesses sa ating bansa dahil made-destablize hindi lang ang ating current currency kung hindi pati rin ang ating ekonomiya. Pangalawa, karamihan sa mga Filipino ay partial or kaunti lang ang kanilang kaalaman pagdating sa mundo ng cryptobusiness and cryptocurrency.

[Chickendinner123]

Maganda sana itong ideya na ito at nakakatuwa dahil inaprubahan na ng gobyerno ng pilipinas ang 1st Crypto Businesses ang kaso parang malaki ang magiging apekto nito sa ating current currency pero as of now halos 15% pa lang ang nakakaalam sa crypto kaya hindi pa gaanong ramdam pero sana maging successfull ito at wala na sanang maging kurakot para umunlad ang pilipinas.

[Dyanggok]

Hello may i share lang po ako na balita noong April 26, 2018 pa ito at para sa mga noypi dyan na hindi pa nabasa ang news na ito. Dito natin makikita na open talaga ang bansa natin sa Cryptocurrency.

Ito po ang link ng pinagkuhaan ko https://cointelegraph.com/news/philippine-govt-to-allow-countrys-first-crypto-businesses-in-special-economic-zone



The Philippine government will 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.

Chief of CEZA Raul Lambino stated that they will permit cryptocurrency exchanges, mining, and Initial Coin Offerings (ICOs):

“We are about to licence 10 platforms for cryptocurrency exchange. They are Japanese, Hong Kong, Malaysians, Koreans. They can go into cryptocurrency mining, Initial Coin Offerings, or they can go into exchange.”

Lambino stressed that crypto-to-fiat and fiat-to-crypto exchange transactions should be conducted offshore, in order to avoiding running afoul of Philippine law.

Firms are expected to generate employment in exchange for the tax breaks they will receive. CEZA will also require the companies to invest at least $1 mln over two years and pay up to $100,000 in licence fees. Lambino added that CEZA is also looking to build a Blockchain and fintech university to provide skilled employees for the new companies.

Earlier this month, the Securities and Exchange Commission (SEC) of the Philippines issued an advisory on cryptocurrency Cloud Mining contracts, demanding that they be classified as securities.

Hindi lang mga nagsisimulang negosyo and matutulungan ng pag kakaroon ng permiso ng ICO's. Magkakaroon din ng karagdagang trabaho lalo na sa mga katulad natin na kahit papano e may alam na sa industriya. Satingin ko magandang hakbang na din para sa gobyerno ang pag kakaroon ng pag kakataon na makapag operate ng negosyong related sa crypto sa legal at rehistrado. Ginawa nila yan upang mabuwisan yung negosyo na related dito.