Topic: One country in Asia to develop bitcoin transactions legally - page 5. (Read 1699 times)
I was surprised to hear news from this philippine, a small country that wants to move forward and move on. I appreciate this philippine step to develop bitcoin in the country legally. I hope bitcoin can be legal in the country where I live.
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.
Asian countries like South Korea and japan has legalised bitcoin and legalised bitcoin transactions in their respective countries. These are the countries who has well understood the potential of bitcoin and has understood that the introduction of bitcoin in their nation can boost the development of their countries moreover I also heard the news that one large car selling dealers in South Korea has accepted bitcoins in exchange of car . Florida is the city of America who has accepted bitcoin for the tax payment and these countries has even experienced the growth of their country after introducing 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 is doing great by accepting and developing bitcoin in the country, by doing this there is a high possibility of reducing the poverty. Philippine government must support cryptocurrency for its people.
Bitcoin is been used in the remittance business in the philippines and its been approved by the central bank. Some crypto exchanges were also given permit to operate by the government and many filipinos are increasingly involved in cryptocurrencies. There is a possibility that bitcoin might be legalized by the Philippine government in the future but it might be followed by the implementation of regulation because some monetary officials believe it needed to protect the public from any scams that uses cryptocurrencies.
Philippines is doing great by accepting and developing bitcoin in the country, by doing this there is a high possibility of reducing the poverty. Philippine government must support cryptocurrency for its people.
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.
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.
Very good move from a develop country in souht east asia.
I hope my country (Indonesia) will the track of philippines and start developin rules and regulations about crypto in Indonesia, right noww bitcoin is still banned in Indonesia due to many criminals use bitcoins fro transaction.
Philippines have been using bitcoin a lot since it was introduced here. The bitcoin reputation here is already developing and is reaching a lot of people. But the recent news about bitcoin scam could also affect its development since many are still exploring about bitcoin and might cause them to be afraid in investing. Millions were scammed in that recent news. But still Im very happy that our country has opened up to different cryptocurrencies.
Many Filipinos are getting involved now in cryptocurrency and this move by their government is much expected from them. Many folks are also getting scammed due to this mass adaption of the public community and regulating the trades of these cryptocurrencies are much needed to combat these problems. My only take in this is that, hopefully, the laws and regulation that they will submit will "truly" benefit the cryptocommunity and not the politicians who are looking to take advantage of this. 
hope this good news could be heard by other country which still close minded with cryptocurrecies . since one of the reason the government wouldn't make it as a legal transaction cause they couldn't control of it, and they couldn't take taxes from it
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.
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 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.
This is a good news.
Japan became the first country legalizing bitcoin as a payment method last year, and actually Japanese is the most used fiat currency for cryptocurrency trading. South Korea also seems to working to legalise some part of blockchain innovations (probably ICOs could be the first step). I'm hoping more and more countries accept bitcoin as a legitimate payment method.
Japan became the first country legalizing bitcoin as a payment method last year, and actually Japanese is the most used fiat currency for cryptocurrency trading. South Korea also seems to working to legalise some part of blockchain innovations (probably ICOs could be the first step). I'm hoping more and more countries accept bitcoin as a legitimate payment method.
this is great news for all digital currency users around the world. the Philippines will be an example for other countries, who dare to make rules to legalize and apply digital currency in the country. so it will make the growth of digital currency faster. and will have a good effect on the economy of the Philippines
In Asian countries has shown a good attitude towards bitcoin lately in the Philippines. They have taken a leading role in validating good bitcoin to hear that legal transactions are being developed by others. The kind of good news we can need to continue to develop bitcoin.
This is moral booster for Bitcoin and Blockchain technology. Philippines has the population and the market to help push bitcoin. If the government will successfully implement the adoption of bitcoin it will further push other countries within the region to follow. A good one.
If that is true that an asian country to develop bitcoin transactions legally then that is good news about bitcoin because it will boast the stableness of bitcoin and there many people around the world would be more trusting bitcoin especially that it is already starting to be legalized its transactions and activities.
Japan has long been supportive of bitcoin. If you don't have cash in Japan, its totally okay. You can go to the store and buy using your bitcoins. You can pay your hotels and even your flights with bitcoins. You need cash? There are bitcoin atm scattered all over the country. Japan is the most bitcoin friendly country in the world. I am not quuite sure about the government of the philippines if they are incorporating bitcoins in their country. But surely, if they do, it would be more convenient for people. This is a good start of a good era for bitcoin in asia. I hope most countries in the world will accept bitcoin and make it legal.
japan has been famous for adopting bitcoin, bitcoin development in Japan is very good, as you say you can spend bitcoin freely in Japan, if the Philippines can legalize bitcoin in their country may be better, as you say, there will be many benefits that can obtained from legalizing bitcoin, even for tourists visiting the country it will be easier for them to make some transactions without swapping their currency and only need to use bitcoin instead, if it happens it will be the main attraction
Korea is a country that accepts BTC and other altcoin payments in trade and exchange. I know that Asia is the lesser-accepted region of altcoin. But in the future, Asia will accept them more widely.
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.
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.
There is already a locally and first ever exchange developed and created in the philippines. It is called CLX exchange in which you can buy and sell digital currency with very low fees. It is partnered with coins.ph, a wallet where you can store bitcoin, ethereum and peso.
this is great news for all digital currency users around the world. the Philippines will be an example for other countries, who dare to make rules to legalize and apply digital currency in the country. so it will make the growth of digital currency faster. and will have a good effect on the economy of the Philippines
Japan has long been supportive of bitcoin. If you don't have cash in Japan, its totally okay. You can go to the store and buy using your bitcoins. You can pay your hotels and even your flights with bitcoins. You need cash? There are bitcoin atm scattered all over the country. Japan is the most bitcoin friendly country in the world. I am not quuite sure about the government of the philippines if they are incorporating bitcoins in their country. But surely, if they do, it would be more convenient for people. This is a good start of a good era for bitcoin in asia. I hope most countries in the world will accept bitcoin and make it legal.
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.
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.
The government of the Philippines have already accepted two bitcoin exchanges in the Philippines and allow it to operate since those two exchanges are in compliance with the KYC and AML regulations as prescribed by the Law. But even though this is the case there are still victims of scams and ponzi schemes all over the country but because of this regulations the culprit have been easily caught by the authority.
In Singapore Bitcoin is legal even banks encourage investing in bitcoin they is so much social acceptance for bitcoin in Singapore even most innovative blockchain projects come from Singapore
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