Topic: 14 banks transact bitcoins - page 3. (Read 564 times)
But how does Philippines goverment itself view cryptocurrency? Do they view it as negative thing?
14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
What about in yours?
These are good news for cryptoworld!
I'm living in Finland and we don't have any banks doing this, yet. But i believe after more countries and banks recognize bitcoin then Finland will follow the same road.
14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
What about in yours?
I am from the Philippines but i have never heard of this news and never know that it was possible. Lucky for us filipnos that we have easier access to bitcoin and recently ethereum as coins.ph added it yesterday.
For kingkats0803 actually philippine government recognize bitcoin as a currency. It was all over the news a few months ago.
I am really wondering how it works there.
Do they offer you a wallet connected to the bank account?
And is it possible to convert bitcoin into the lokal fiat and back?
How high are the fees for their service?
Do they offer you a wallet connected to the bank account?
And is it possible to convert bitcoin into the lokal fiat and back?
How high are the fees for their service?
Basically, you must have a wallet to a PH bitcoin platform and the platform is partnered with several banks and local remittances. It's possible to convert bitcoin to local fiat and vice versa. Fees for their services? It's so worth paying for because of the less hassle transactions, however if you send money to a wrong reciever then it won't be reimbursable.
14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
What about in yours?
I'am a Filipino and I'm certified level 3 coins.ph user. Coins.ph is affiliated to 30 banks. But theses banks do not directly engage in cryptocurrencies but coins.ph send them money to that it is already converted from btc to php then withdraw it there. This kind of misinformation leads to false hope. I repeat, PHILIPPINE GOVERNMENT AND SOME BANKS ARE STILL NOT RECOGNIZING BITCOIN.
Yes, there is a lot of good news about bitcoin in the past. Many banks have cooperated with bitcoin and no longer oppose bitcoin. Over time, we can see that bitcoin is no competitor. It is attracting more and more people to cooperate with them. That made bitcoin grow and become better.
lots of good news wandering about Bitcoin, this is Bitcoin time to fly, enjoy the moment and take as much profit as possible
14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
What about in yours?
Is this for real? Because I only knew 2 Banks that accepts BTC in exchange for fiat money .. would it be possible for you to list down all of those banks because I tried to search for them but only 2 associated with coins.ph app are the ones I know.
It is indeed a good thing for banks to transact bitcoin, as it will be a way of adopting the new technology that would serve as an upgrade to their system, as services would be rendered to customers who wishes to make such transactions.
Really good news, and btc prices will rise again
Is a good news and lucky for them to be accepted by banks. Hopefully more countries and banks are opening up to bitcoins to allow them to be traded freely.
14 banks in the Philippines now recognize and transect bitcoins.
What about in yours?
What about in yours?
could you provide with full list please or some of them?
Confectionery thought it does not see Bitcoin's official currency because it will be a risky move there will be a lot of controversy.
I honestly don't care since I am not a huge fan of majority of the banks around the world which is one of the main reasons I liked Bitcoin in the first place due to its decentralized nature. Most banks only try to spread FUD for their own personal gains which is why I don't really care about news related to crypto related banking actions. This might actually be good news, but I don't completely trust banks which is why I am not sure whether more banks utilising Bitcoin would actually help the crypto market in the long run.
this is very encouraging news, even though I am not a citizen of that country and I live in another country I am very glad to hear this news, more and more countries are realizing that bitcoin is not as dangerous as many countries fear
Bitcoins are either legal or illegal in india tough stand by govt of india
Well, this is a pretty good news and I hope the other banks accept bitcoin in time. This might be a good start and other banks should definitely follow this as there are alot of people who are into cryptocurrencies now. If this continues, in future when bitcoins/other cryptocurrencies get even more popular I think almost everyone will accept bitcoins as payments.
kingkats0803 Can you list them please pm if you like as this is really good news if accurate. If the likes of PNB, Metro Bank, UCPB etc will accept it is fantastic news for it could be the start of a wider trend. How will it work? do the banks have wallets etc?
Hi mek!
I believe they already posted the link, at the thread above, check this http://www.gmanetwork.com/news/money/content/368421/bitcoins-can-now-be-purchased-in-14-different-banks/story/
I've read it and it is and old report, but still,many are yet to know and is beneficial and encouraging at the same time
This is great, I hope that banks in other countries are also considering accepting the bitcoin traffic and shipping. This may be the premise, the motivation for other countries to learn how to operate the bank in the Philippines and we will see the good news.
Good for them, honestly saying I am not surprised if I hear from the news that all banks will accept bitcoin tomorrow.
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