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Topic: One country in Asia to develop bitcoin transactions legally - page 3. (Read 1681 times)

full member
Activity: 281
Merit: 100
As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.
Bitcoin is not a really big issue in Philippiines so they are not banning the bitcoin because they need focus in other issues that happen in the Philippnies.
MMA
legendary
Activity: 1134
Merit: 1000
Philippines and Japan are the 2 Asian countries that supports cryptocurrency the most. I hope more Filipino people will know about cryptocurrency. I will monitor the development of this because I am very much affected in whatever direction this will take. Japan's provisions help prevent misuse of bitcoins and other crypto-conversions for illegal activities and require banks and other companies to verify identity, store reports and report suspicious transactions.


Yes that is true that these are the two Asian countries who have legalized bitcoin in their countries, i think that very soon we will see that other countries from Asia will make bitcoin as a legal currency, but it will take some more time because till most of government are thinking about it and are still reluctant to take any decision about bitcoin,
full member
Activity: 504
Merit: 100
I think the only country that legallize bitcoin is japan. But other country in asia are now reviewing blockchain just like with our country philippines. Hope they accept bitcoin
True our country philippines not yet legalized bitcoin.and theres lot of scam news that involved the bitcoin.hopefully soon will accept butclin as well same with japan.
member
Activity: 166
Merit: 10
Some countries legalize bitcoin, others forbid. There is a struggle of two opinions. And who will win is not clear. But I certainly would like that bitcoin became legal and people could earn money and not depend on banks.
newbie
Activity: 182
Merit: 0
Hopefully many countries around the world will accept bitcoin so that bitcoin prices can return as before.
member
Activity: 378
Merit: 10
         Since everyone accepts that Japan is the fastest developing technology market in the world it is also one among the Asian countries to develop Bitcoin legally .  The government of Japan has set a payment service act which allows cryptocurrencies and exchanges to be used for payment and trading purposes .Japan is considered a hub for cryptocurrency trading and exchange in Asia . Even though trading in Bitcoin is legal in Singapore in some cases Bitcoin is taxable in Singapore .
I am looking forward to the country of Japan to make this matter happen. To raise the name of the continent of Asia as the main country here for crypto currency. That Japan will develop bitcoin transaction legally.
newbie
Activity: 57
Merit: 0
Except for individual countries, most countries treat bitcoin as silent, representing concern, but not disturbing.
While China bans ICO, it does not say that it prohibits bitcoin transactions, but all major exchanges transfer themselves to other countries in case the Chinese government bans them.
full member
Activity: 348
Merit: 100
         Since everyone accepts that Japan is the fastest developing technology market in the world it is also one among the Asian countries to develop Bitcoin legally .  The government of Japan has set a payment service act which allows cryptocurrencies and exchanges to be used for payment and trading purposes .Japan is considered a hub for cryptocurrency trading and exchange in Asia . Even though trading in Bitcoin is legal in Singapore in some cases Bitcoin is taxable in Singapore .
full member
Activity: 496
Merit: 100
Compared to the past years, the crypto currency community is much in bloom nowadays, and it keeps on getting more people. And this is a great news for us to hear that in the continent of Asia, their will be a country that will develop bitcoin transactions legally. I hope that Bitcoin will keep on spreading around the globe.
newbie
Activity: 42
Merit: 0
 Philippines and Japan are the 2 Asian countries that supports cryptocurrency the most. I hope more Filipino people will know about cryptocurrency. I will monitor the development of this because I am very much affected in whatever direction this will take. Japan's provisions help prevent misuse of bitcoins and other crypto-conversions for illegal activities and require banks and other companies to verify identity, store reports and report suspicious transactions.

newbie
Activity: 27
Merit: 0
It seems to have been legal in all countries but most governments ignore it
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.
Philippines make a good decision. While many country in Asia is afraid of cryptocurrency trading, Philippines choose to make a good move about crypto. Its very a good news!
member
Activity: 270
Merit: 10
After all the bad news from China and Indonesia. The government and the central bank of the Philippines greatly accepts bitcoin and this is a good news to us who need another source of income. Let us all spread this great news.I just hope that developing bitcoin and other cryptocurrency would positively help Filipino people to benefit its worth. I hope other countries will follow suit soon.
member
Activity: 252
Merit: 10
More than that I have already heard that Philippines has already allowed and regulated bitcoin usage in their country. This is completely awesome for me, I think many of other countries will see them and follow their decision.
jr. member
Activity: 224
Merit: 1
“Revolutionizing Brokerage of Personal Data”
As part of my advocacy to share good news about bitcoin.


A good push from one country in asia in planning to develop bitcoin

http://news.abs-cbn.com/business/01/29/18/philippines-to-develop-rules-on-cryptocurrency-trading

We bitcoin users surely need this, hoping this will jumpstart many country across the world in acceptance of bitcoin. Let us  repost this so everyone can help bitcoin to gain legalities and legitimacy.

it's only the start, but I'm really glad to see new countries on board. Asia has been doing great so far in my opinion, given the south korea and japan, they're ahead of the rest of the world in terms of regulation
full member
Activity: 392
Merit: 100
Yes I think currently Asian countries have shown a good attitude towards Bitcoin recently with the Philippines taking a leading role in validating a good Bitcoin to hear that public transactions are being developed. I strongly agree, for all holders of Bitcoin really need good news, let's make positive news about Bitcoin.
newbie
Activity: 54
Merit: 0
I think Philippines will lead in Asian market and then Malaysia
newbie
Activity: 91
Merit: 0
As of today not only the phillippines are the ones to accept bitcoins but also Japan has made a move to accept Icos and Crypto for their sevices. Modern tech being implemented because of bitcon is certainly good news.
newbie
Activity: 66
Merit: 0
In Asia, there are some countries that pass on Bitcoin, but I'm not mistaken, there is certainly Japan as the country that legalized Bitcoin.
newbie
Activity: 7
Merit: 0
I totally agree with the country that legalizes bitcoin as a currency and as a virtual market if the government is worried about being able to enforce rules that control the bitcoin itself
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