Darker45 (OP)
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Just sharing you this recent research finding by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR). Here is the article by Amparo Pamela Fabe, a "countering the financing of terrorism expert and an anti-money laundering analyst." The author is also "a Senior Fellow of the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR)." Please take time to read and voice your opinion. While we cannot verify the veracity of this particular finding, the recommendations that this body might submit to the government authorities, regulating bodies, and legislative committees might present cryptocurrency or Bitcoin in a bad light. As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years. "Thus, in a bid to prevent future terrorist attacks, the Philippines has to ramp up efforts to implement Anti-Money Laundering and Countering Financing of Terrorism in cryptocurrencies."
Sources: 1. https://pipvtr.org/2020/05/20/terrorism-financing-continues-unabated-during-the-covid-19-pandemic/2. https://cointelegraph.com/news/researchers-in-philippines-track-crypto-use-by-terrorists
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rhomelmabini
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May 21, 2020, 03:02:01 PM |
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That's alarming considering na ine-exploit ng mga teroristang ito ang anonymity ng cryptocurrencies. I don't think na ngayon lang nangyari ito pero kung maghihigpit man ay agree naman ako pero hoping na hindi lang din for self-interest ng gobyerno ang pairalin dito lalo na sa usaping pagbubuwis sa hawak mong mga digital assets o crypto.
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mk4
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📟 t3rminal.xyz
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May 21, 2020, 03:04:59 PM |
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As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years.
Tighter regulations has always been inevitable in my opinion, it's just that mas mauuna lang talaga sa mga bansa gaya ng US. Anyway, hindi na ako magtataka kung maglolock narin ng accounts ang Coins.ph kung tingin nilang may pinagdaanang kahina-hinala ang Coins mo or kung coinjoined ang coins mo, gaya ng ginagawa ng iilang malalaking exchange. In summary, wag mag iiwan ng funds sa exchanges pag hindi balak magbenta. That's alarming considering na ine-exploit ng mga teroristang ito ang anonymity ng cryptocurrencies.
Not really surprising tbh.
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Theb
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May 21, 2020, 03:13:10 PM |
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While we cannot verify the veracity of this particular finding, the recommendations that this body might submit to the government authorities, regulating bodies, and legislative committees might present cryptocurrency or Bitcoin in a bad light. As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years.
I wouldn't got that far, PIPVTR ay isa lamang independent organization at base sa description na sila mismo nagbigay isa lamang silang "non-government think tank" and afaik never silang ginamit ng ating gobyerno as a cornerstone o basis sa pag-gawa ng batas, hindi sila directly related sa gobyerno at registered sila sa SEC natin as a company not a government owned company. Isipin mo nalang na para syang Social Weather Stations (SWS) o Nielsen na nagbibigay ng research, survey results, o di kaya insights pero di naman sila ginagamit na basis sa pag-gawa ng batas sa Pilipinas. Still kung gusto niyo magka-roon ng reliable source mag-hihintay nalang ako ng mga research o findings na nang-gagaling sa SEC o Bangko Sentral natin dahil sila talaga ang in charge pag-dating sa pag-bibigay opinyon sa mga mambabatas natin.
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bisdak40
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May 21, 2020, 10:10:13 PM |
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For me, it's an idiotic move by the terrorists if they would use crypto as a medium to finance their counterparts in Asia, specifically the Philippines. Converting crypto to fiat, they would use exchanges, dito pa lang ay masusunog na sila sapagkat mapilitan silang ibigay ang kanilang documents for KYC purposes. The second phase refers to an exchange of these crypto assets into fiat money which, then, returns the funds to the legal money cycle. In crypto only exchanges, cryptocurrencies can be exchanged with one another.
Yong sa Marawi, shabu ang pinagkukunan nila ng pondo para sa kanilang illegal activities, courtesy of the Maute Bros. Fiat money pa rin ang pinakamainam na paraan para magtago ng pera. Pero kung ito'y may katiting na katotohanan ay kabahan na tayo dahil hihigpitan na ng gobyerno natin yong paggamit sa crypto.
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Darker45 (OP)
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May 22, 2020, 03:19:29 AM |
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As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years.
Tighter regulations has always been inevitable in my opinion, it's just that mas mauuna lang talaga sa mga bansa gaya ng US. I was actually thinking and hoping na with the growing acceptance of crypto or Bitcoin worldwide, instead na maghihigpit ay magloloosen up ang regulations. I might be wrong, at least in the Philippine context. Crypto is already hitting the mainstream. So in a way yung old stigma which associated crypto with contraband such as drugs, arms, and so on, criminal services, gambling, and so forth ay mababawasan. ~snip~
I wouldn't got that far, PIPVTR ay isa lamang independent organization at base sa description na sila mismo nagbigay isa lamang silang "non-government think tank" and afaik never silang ginamit ng ating gobyerno as a cornerstone o basis sa pag-gawa ng batas, hindi sila directly related sa gobyerno at registered sila sa SEC natin as a company not a government owned company. Isipin mo nalang na para syang Social Weather Stations (SWS) o Nielsen na nagbibigay ng research, survey results, o di kaya insights pero di naman sila ginagamit na basis sa pag-gawa ng batas sa Pilipinas. Still kung gusto niyo magka-roon ng reliable source mag-hihintay nalang ako ng mga research o findings na nang-gagaling sa SEC o Bangko Sentral natin dahil sila talaga ang in charge pag-dating sa pag-bibigay opinyon sa mga mambabatas natin. Modern policy-making is research-based. In the process, the role of think tanks and research organizations which are normally NGOs cannot be overemphasized. They are the bodies of experts which are the ones normally commissioned for research by NEDA, DA, SEC, DPWH, DOH, and other government bodies. Kaya ang policy-makers, which are very seldom experts at madalas may kabobohan pa, would normally tap and consult these bodies as regards hard data, what do they signify, what is the best way forward, how to go about it, and so on. More often than not, kapag nagrerelease ng data o findings with expert analysis ang gobyerno backed by solid research, it is actually done by either the academe or research organizations not directly related to them. PIPVTR, especially their somehow popular executive director, Prof. Banlaoi, has been consulted countless of times especially regarding national security and terrorism. They are also ignored at times. I just hope, to somehow tip the scales, na pagdating sa hearings pertaining to crypto laws may mga crypto experts din na equally as brilliant para maaappreciate naman yung kabuuan ng crypto at hindi lang yung possible negative repercussions nito sa national security.
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Vaculin
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May 22, 2020, 03:13:31 PM |
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"Thus, in a bid to prevent future terrorist attacks, the Philippines has to ramp up efforts to implement Anti-Money Laundering and Countering Financing of Terrorism in cryptocurrencies." They can't stop it if these people will not use an exchange to fund the terrorist. Actually, it's easy to launder using bitcoin as we have a lot of bitcoin mixers that cannot be regulated, so it's almost impossible. What the government can only regulate is the local exchange like coins.ph, they need to strictly impose the policy on KYC and anti money laundering.. this will put bitcoin in bad light but the government should not result to banning bitcoin because it also has a good effect on our economy as the transaction of crypto in the Philippines have significantly increase.
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meanwords
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May 23, 2020, 05:03:14 AM |
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Tighter regulations has always been inevitable in my opinion, it's just that mas mauuna lang talaga sa mga bansa gaya ng US. Anyway, hindi na ako magtataka kung maglolock narin ng accounts ang Coins.ph kung tingin nilang may pinagdaanang kahina-hinala ang Coins mo or kung coinjoined ang coins mo, gaya ng ginagawa ng iilang malalaking exchange.
In summary, wag mag iiwan ng funds sa exchanges pag hindi balak magbenta.
Hindi rin malabo na maging strict lalo ang coins.ph sa mga verified and unverified users dahil narin sa mga nangyayaring ganto. Baka nga ay gawin na nilang requirements ang maging verified para maka gamit ng mga features ng coins.ph. For me, it's an idiotic move by the terrorists if they would use crypto as a medium to finance their counterparts in Asia, specifically the Philippines. Converting crypto to fiat, they would use exchanges, dito pa lang ay masusunog na sila sapagkat mapilitan silang ibigay ang kanilang documents for KYC purposes.
Unless kung mayroon silang way para maglabas ng kanilang mga salapi na hindi gumagamit ng KYC. For sure ay may mga kilala na silang mga tao na kayang gumawa yoon.
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cml2019
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May 23, 2020, 06:08:35 AM |
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This is out of hand, whatever people might think about cryptocurrencies, it is anonymous and whoever didn't want that could create and spark wild speculations. PIPVTR's allegations are useless, they just basically said COVID, named few terrorist groups, describe how a normal exchange operate (they didn't name coins.ph as the local exchange but they wanna), lastly, they mention about marawi siege and government which has nothing to do with this, tsaka mayroon naman tayong AMLA. Check this counter argument by Chainalysis : https://cointelegraph.com/news/no-isis-does-not-have-300m-in-a-bitcoin-war-chestStill kung gusto niyo magka-roon ng reliable source mag-hihintay nalang ako ng mga research o findings na nang-gagaling sa SEC o Bangko Sentral natin dahil sila talaga ang in charge pag-dating sa pag-bibigay opinyon sa mga mambabatas natin.
I strongly agree. Based nga rin sa ginawang pahayag ng PIPVTR, you could notice na they have shallow knowledge about cryptocurrencies and what they posted is just a rumour without cited sources to strengthen their allegations.
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Darker45 (OP)
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May 23, 2020, 09:51:14 AM |
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Tighter regulations has always been inevitable in my opinion, it's just that mas mauuna lang talaga sa mga bansa gaya ng US. Anyway, hindi na ako magtataka kung maglolock narin ng accounts ang Coins.ph kung tingin nilang may pinagdaanang kahina-hinala ang Coins mo or kung coinjoined ang coins mo, gaya ng ginagawa ng iilang malalaking exchange.
In summary, wag mag iiwan ng funds sa exchanges pag hindi balak magbenta.
Hindi rin malabo na maging strict lalo ang coins.ph sa mga verified and unverified users dahil narin sa mga nangyayaring ganto. Baka nga ay gawin na nilang requirements ang maging verified para maka gamit ng mga features ng coins.ph. She also made mention of "private remittances and cash couriers financing terrorism" in Marawi. Damay pa rito yung mga katulad ng LBC, Palawan, Cebuana, atbp. This is out of hand, whatever people might think about cryptocurrencies, it is anonymous and whoever didn't want that could create and spark wild speculations. PIPVTR's allegations are useless, they just basically said COVID, named few terrorist groups, describe how a normal exchange operate (they didn't name coins.ph as the local exchange but they wanna), lastly, they mention about marawi siege and government which has nothing to do with this, tsaka mayroon naman tayong AMLA. Check this counter argument by Chainalysis : https://cointelegraph.com/news/no-isis-does-not-have-300m-in-a-bitcoin-war-chestI have to agree. There is no single fact being presented by the analyst which actually links crypto with terrorist funding. The article appears hollow. She simply jumps from one statement to another without a single solid information backing it up. I am not even sure if there is in fact a meticulous gathering of data prior to this. Despite that, this was still published even in Eurasia Review. Still kung gusto niyo magka-roon ng reliable source mag-hihintay nalang ako ng mga research o findings na nang-gagaling sa SEC o Bangko Sentral natin dahil sila talaga ang in charge pag-dating sa pag-bibigay opinyon sa mga mambabatas natin.
I strongly agree. Based nga rin sa ginawang pahayag ng PIPVTR, you could notice na they have shallow knowledge about cryptocurrencies and what they posted is just a rumour without cited sources to strengthen their allegations. In terms of cryptocurrencies or Bitcoin, I don't think SEC and BSP are reliable, much less experts. Neither am I expecting them to be really objective. Kaya medyo mahirap kapag ang gumagawa ng batas eh yung mga nasa posisyon lang sa gobyerno. This has happened in other countries also. And the entire population as well as the reputation of crypto are affected. Kaya nga yung fintech bill sa senado hindi umuusad kasi aminado sila, kasama na yung chair ng komite mismo na si Sen. Poe, na wala silang alam tungkol dyan. At malamang sa malamang nauna na nilang narinig ang Bitcoin na nagagamit sa scams rather than a decentralized currency using a peer-to-peer network. At dagdag pa itong mga ganitong articles na inassociate na naman si crypto sa mga ilegal na gawain bago man lang naintindihan yung pinaka-essence nya.
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Theb
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May 23, 2020, 05:33:17 PM |
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Still kung gusto niyo magka-roon ng reliable source mag-hihintay nalang ako ng mga research o findings na nang-gagaling sa SEC o Bangko Sentral natin dahil sila talaga ang in charge pag-dating sa pag-bibigay opinyon sa mga mambabatas natin.
I strongly agree. Based nga rin sa ginawang pahayag ng PIPVTR, you could notice na they have shallow knowledge about cryptocurrencies and what they posted is just a rumour without cited sources to strengthen their allegations. In terms of cryptocurrencies or Bitcoin, I don't think SEC and BSP are reliable, much less experts. Neither am I expecting them to be really objective. Kaya medyo mahirap kapag ang gumagawa ng batas eh yung mga nasa posisyon lang sa gobyerno. This has happened in other countries also. And the entire population as well as the reputation of crypto are affected. Kaya nga yung fintech bill sa senado hindi umuusad kasi aminado sila, kasama na yung chair ng komite mismo na si Sen. Poe, na wala silang alam tungkol dyan. At malamang sa malamang nauna na nilang narinig ang Bitcoin na nagagamit sa scams rather than a decentralized currency using a peer-to-peer network. At dagdag pa itong mga ganitong articles na inassociate na naman si crypto sa mga ilegal na gawain bago man lang naintindihan yung pinaka-essence nya. Yes I would have to agree on you on that one, hindi man sila masasabing "experts" pag-dating sa field ng cryptocurrencies sa bansa but the thing is sila ang na-atasan na government department to be in-charged with the crypto industry sa Pilipinas. For example of their power ang Bangko Sentral ng Pilipinas ay meron ng Memorandum Circular, which sa bansa natin can serve as a temporary law, for crypto exchanges that alone ay nag-papakita na may kapangyarihan sila gumawa ng batas na patas without being an expert on their field. Pag-dating naman sa mga mambabatas natin na walang ka-alamalam sa cryptocurrencies masasabi ko na nandyan ang BSP, SEC, at chaka CEZA natin para i-guide na sila sa tamang direksyon especially nag-start naman ang Pilipinas openly about cryptocurrencies kumpara sa ibang bansa na panget tingin dito. I previously posted yung first major cryptocurrency related senate bill natin sa senado at ina-nalyze ko ito and generally wala naman akong nakitang negatibo para sa cryptocurrency at puro nalang regulation kung paano ito tatakbo sa Pilipinas. Kaya masasabi ko din na it's too late for PIPVTR to change a lot of heads at this point.
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Bttzed03
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https://bitcoincleanup.com/
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May 24, 2020, 07:23:37 AM |
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While reading the report, I was asking myself kung ito lang ba yung pinakauna nilang research nila about how terrorist groups are using cryptocurrencies? If so, masyado naman na silang huli sa balita. Hinintay pa ba nila ang COVID-19 para pagaralan ito? Anyone who has been into the space are already aware na may nangyayari nang ganyan. The suggestion to ramp up efforts to fight crypto funding of terrorist makes me think na hindi din sila updated sa ginagawa ng BSP at SEC ngayon. If they only checked the licensed VCEs, mahigpit naman ang implementation of KYC at may mga exchange policies na din in compliance with AMLA. In fact, IMF already advised the BSP to improved data collection of crypto asst transactions back in January. Tungkol naman sa pagiging half-baked o hollow ng report, I would give the researchers the benefit of the doubt na nag-withhold sila ng sensitive information to be submitted to the authorities (baka naibigay na nga) at magamit ng mga kapulisan to device a plan and pin down these terrorist groups. All in all, I think the report is just supplementary and not really "groundbreaking" to most of us who knows and to the SEC/BSP. I'm pretty sure our policy makers have somehow been briefed also about this long time issue thrown against cryptocurrencies.
This is out of hand, whatever people might think about cryptocurrencies, it is anonymous
It's pseudonymous unless you are talking about Monero and other privacy coins,
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Shimmiry
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June 14, 2020, 09:43:01 AM |
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While we cannot verify the veracity of this particular finding, the recommendations that this body might submit to the government authorities, regulating bodies, and legislative committees might present cryptocurrency or Bitcoin in a bad light. As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years. "Thus, in a bid to prevent future terrorist attacks, the Philippines has to ramp up efforts to implement Anti-Money Laundering and Countering Financing of Terrorism in cryptocurrencies." Alarming para sa maaring maging epekto nito sa Pilipinas. Normal naman na siguro na gamitin ito ng mga terorista lalo na, na sobrang luwag ng mga mga bitcoin transactions dito sa ating bansa. Kung patuloy man nila itong pag-aralan at mas makahanap pa ng mga ibedensya patungkol nga sa paggamit nito sa illegal na mga aktibidades, sa palagay ko'y nararapat lamang na higpitan ng ating gobyero ang bitcoin sa Pinas. Nguni yon nga, sana naman ay hindi ganon kalaki ang sampal sa ating mgs gumagamit nito ang mga hakbang nagagawin nila kontra sa mga terrorista na gumagamit ng bitcoin dito sa bansa.
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lionheart78
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June 14, 2020, 10:33:04 AM |
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While we cannot verify the veracity of this particular finding, the recommendations that this body might submit to the government authorities, regulating bodies, and legislative committees might present cryptocurrency or Bitcoin in a bad light. As a result, baka may paghihigpit na gagawin against cryptocurrency or Bitcoin in the coming months or years. "Thus, in a bid to prevent future terrorist attacks, the Philippines has to ramp up efforts to implement Anti-Money Laundering and Countering Financing of Terrorism in cryptocurrencies." Alarming para sa maaring maging epekto nito sa Pilipinas. Normal naman na siguro na gamitin ito ng mga terorista lalo na, na sobrang luwag ng mga mga bitcoin transactions dito sa ating bansa. Kung patuloy man nila itong pag-aralan at mas makahanap pa ng mga ibedensya patungkol nga sa paggamit nito sa illegal na mga aktibidades, sa palagay ko'y nararapat lamang na higpitan ng ating gobyero ang bitcoin sa Pinas. Nguni yon nga, sana naman ay hindi ganon kalaki ang sampal sa ating mgs gumagamit nito ang mga hakbang nagagawin nila kontra sa mga terrorista na gumagamit ng bitcoin dito sa bansa. Let's just hope na sana hindi ito gawing rason ng gobyerno to implement a tighter regulation ng cryptocurrency. After some years, isa lang napansin ko. Exchanges and third party sites ay nagiging mahigpit na sa pagtackle ng mga bagay pagdating sa cryptocurrency. Siguro marami sa atin ang nakaexperience ng paghigpit ng coins.ph lalo na sa mga bagong miyembro. At ang reason nila is that, nagcocomply lang sila sa regulation na iniimplement ng gobyerno.
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Shimmiry
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June 15, 2020, 08:11:49 AM |
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~ Let's just hope na sana hindi ito gawing rason ng gobyerno to implement a tighter regulation ng cryptocurrency. After some years, isa lang napansin ko. Exchanges and third party sites ay nagiging mahigpit na sa pagtackle ng mga bagay pagdating sa cryptocurrency. Siguro marami sa atin ang nakaexperience ng paghigpit ng coins.ph lalo na sa mga bagong miyembro. At ang reason nila is that, nagcocomply lang sila sa regulation na iniimplement ng gobyerno.
If ever man na magkaroon sila ng mas mahigpit na R&R sa cryptocurrency, mostly maatake lang dito is yung mga wallets gaya ng Coins.ph, PDAX, and Abra. Indeed, their security measures had been strengthen recently particularly na sa ID authentication at iba pang verification. If ever na gawin nga ng terorists ang crypto-transaction sa kanilang businesses, mayroong data naman ang mga wallets ng personal information once a certain account/btc address redirects or nagamit ng isang terorista. The good thing here is that they can be anonymous with how they transact, but not totally transparent in whom are behind those transactions. Bottomline lang dito is that crypto's transparency (thru blockchain transactions) isn't for a bad use. Gamitin nila to, and once na natrack yung address nila, they're done.
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JoMarrah Iarim Dan
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June 21, 2020, 07:18:09 AM |
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Just sharing you this recent research finding by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR). Here is the article by Amparo Pamela Fabe, a "countering the financing of terrorism expert and an anti-money laundering analyst." The author is also "a Senior Fellow of the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR)." Please take time to read and voice your opinion. Nakakabahala naman talaga ang ganito. Parang lahat na lang bagay alam gamitin sa masamang paraan. Siguro nga hindi na bago ang ganitong kaso dito sa atin sa Pilipinas. Mga Pilipino pa ba ? Madaming alam na paraan para kumita ng pera, mabuti man o masama. Maganda naman na namumulat tayo na may ganito palang nangyayari. Sana mabigyan ng aksyon. Pero sa kabilang banda, maaring may iba na nakakuha ng ganitong idea para tularan.
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karmamiu
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June 21, 2020, 08:25:25 AM |
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Tighter regulations has always been inevitable in my opinion, it's just that mas mauuna lang talaga sa mga bansa gaya ng US. Anyway, hindi na ako magtataka kung maglolock narin ng accounts ang Coins.ph kung tingin nilang may pinagdaanang kahina-hinala ang Coins mo or kung coinjoined ang coins mo, gaya ng ginagawa ng iilang malalaking exchange.
In summary, wag mag iiwan ng funds sa exchanges pag hindi balak magbenta.
Hindi rin malabo na maging strict lalo ang coins.ph sa mga verified and unverified users dahil narin sa mga nangyayaring ganto. Baka nga ay gawin na nilang requirements ang maging verified para maka gamit ng mga features ng coins.ph. For me, it's an idiotic move by the terrorists if they would use crypto as a medium to finance their counterparts in Asia, specifically the Philippines. Converting crypto to fiat, they would use exchanges, dito pa lang ay masusunog na sila sapagkat mapilitan silang ibigay ang kanilang documents for KYC purposes.
Unless kung mayroon silang way para maglabas ng kanilang mga salapi na hindi gumagamit ng KYC. For sure ay may mga kilala na silang mga tao na kayang gumawa yoon. I'm sure hindi malabong may mga kanya-kanyang mga backer ang mga yan. Kung totoo man ang report at talagang nagpumilit silang pumasok sa crypto doing shady transactions mas lalong madali silang ma trace lalo na yung backer nila. At the same time kapag nag higpit naman ang coins.ph mas lalo rin tayong mahihirapan mga users.
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iTradeChips
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June 23, 2020, 06:16:30 AM |
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Yes, very worrying news nga kasi it will somehow force the country to regulate Cryptocurrency use. Siguro by giving identities to people who transact using Cryptocurrencies or maybe having tighter regulations to the companies already transacting in Crypto like coins.ph and others. Hindi rin natin masisisi kung bakit nagagamit ang cryptocurrency kasi nga digital na ang transaction tapos may pagka-anonymous pa ang dating. This is a setback para sa greater public acceptance sa cryptocurrency.
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dothebeats
Legendary
Offline
Activity: 3794
Merit: 1355
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June 23, 2020, 09:58:52 AM |
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This is concerning lalo na't kasagsagan ng issue tungkol sa irregularities sa anti-terrorism law. Perhaps they are trying to make a case against cryptocurrencies and use it as a validation of their claims na terrorists are out and about dito sa atin. This might even lead to unjust arrests without sufficient proof sa mga prominent crypto users sa bansa sakaling mapatupad man yung anti-terrorism bill na yan. It's not new for crypto to be tagged and related sa mga terorista, pero with the current state of affairs sa bansa natin, it makes you really think kung isa 'to sa ploy to justify their case against terrorists or talagang natural na research lang.
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Theb
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June 27, 2020, 09:29:11 PM |
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This is concerning lalo na't kasagsagan ng issue tungkol sa irregularities sa anti-terrorism law. Perhaps they are trying to make a case against cryptocurrencies and use it as a validation of their claims na terrorists are out and about dito sa atin. This might even lead to unjust arrests without sufficient proof sa mga prominent crypto users sa bansa sakaling mapatupad man yung anti-terrorism bill na yan.
When it comes to the Anti-terrorism bill gumawa ako ng thread tungkol dito at malinaw naman yung main point nila is to catch suspected terrorist sa ating bansa. Although ginawa kong topic sa thread ko is about the power of the authorities to freeze funds including our crypto assets malinaw naman na kailangan pa nilang dumaan sa court bago nila magawa ito, freezing of assets isn't an instant thing na kapangyarihan nila, di nila basta basta i-freeze ang crypto mo without yung evidence na involvement mo sa isang terrorist group. It's not new for crypto to be tagged and related sa mga terorista, pero with the current state of affairs sa bansa natin, it makes you really think kung isa 'to sa ploy to justify their case against terrorists or talagang natural na research lang.
When it comes to the potential of banning crypto use in our country sa tingin ko huli na lahat para dito or at least malabo na ito mangyari? Remember that aside from Coins.ph at Rebit meron na din tayong ibang ibang crypto related companies like Abra and PDAX and several other crypto exchanges na tumatakbo sa bansa bukod dun malaking pera na na-commit ng gobyerno sa CEZA project as well as foreign investments na may mga commitments as well as kontrata na sa economic zone na ito. Yung commitments ng gobyerno natin to boost our economy with the crypto industry alone is enough proof that anti-crypto laws would be highly unlikely to happen in our country, because basically if gumawa sila ng batas about this one alam tinatapon nila mismo yung proyekto nila.
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