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Topic: Philippines starting to accept and adopt cryptocurrency. - page 9. (Read 2087 times)

hero member
Activity: 2492
Merit: 542
I hope all other countries is open to every innovation especially in financial aspects like accepting digital currencies which is slowly entering into our everyday activities and adoption will continue without having problems into regulations, we need to rely in technology to stop abuse in financial systems we need digital currency. 
jr. member
Activity: 95
Merit: 1
The first company who was approved in the Philippines was,

Betur Inc. known as Coins.ph which was given a license september  2017.
Second is the Rebittance Inc. was also approved Oct. 2017
The third one is Blossoms solutions approved last May 2018.
Etranss and Virtual Currency Philippines Inc approved also this year who was supporting bitcoin and etherium.

It's nice to know that after receiving negative comments due to investments scam last year, the government continue to accept companies to operate. It is the start of the digital currency era in the phils.


I will post this for the second time.
This is the names of the company who was granted a license to operate in the philippines.

I hope that from 5 companies it will increase to 10 next year. I see others dont believe it because of negative publicity of mainstream media this year. Bitcoin is adopted in the philippines in 2013 but it was not announced in public and operating silently. Kindly search Bitcoin.ph in facebook to see filipinos generating a bitcoin miner and use it as a business.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
I hope that the other country in Asia will follow the Philippines to accept and adopt cryptocurrency and when this is happening, the cryptocurrency will grow fast in Asia country and it will go for the other country in the world. I think the world is ready to accept cryptocurrency and they cannot deny the existence of the cryptocurrency because cryptocurrency can give many benefits to their people and perhaps, the country will get some benefits too. I cannot wait to see the cryptocurrency accepted in all country Grin
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
I am very happy because this is a strategic area in Southeast Asia. hopefully there will be an event that can encourage this region to get to know bitcoin and blockchain technology. Indonesia maybe next, hopefully.
full member
Activity: 322
Merit: 100
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.
Really? Do you have proof on this can you share so that we can read or see? I've just know that they have coin it was loyal coin I didn't inform that they have 5 cryptocurrency that was accepted, but I see on coins.ph wallet they have btc, eth, xrp and bch so that other one is loyal coin?, and can you give the company name? Thank you!
member
Activity: 350
Merit: 10
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

It is not a big idea for our country to accept cryptocurrencies, and hopefully government will totally support and help spread the use of crypto in the society.
full member
Activity: 1330
Merit: 147
This can be used as a consideration for other developing countries, and the decision of the Philippine government to adopt cryptocurrency as a payment system or legally used for anything will be a benchmark for other governments, especially developing countries in Southeast Asia. If the cryptocurrency can provide changes to the Philippines, then I am pretty sure that many other developing countries will legalize cryptocurrency, but this will have a negative impact if the Philippines does not succeed in using cryptocurrency, I mean it worsens their economic situation.
full member
Activity: 672
Merit: 100
Accepting Bitcoin and Cryptocurrency will benefit the Philippines, so I think this is a good option for the country. If you do not take it, then I believe that your country will not be able to keep up with the big countries because they are always in the lead for accepting change.
full member
Activity: 588
Merit: 100
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

Philippines start in a world of cryptocurrency because the President accept crypto in the  Philippines.And it is one who's ready to face the cashless society.Which make all transaction be easy and quick.
jr. member
Activity: 280
Merit: 1
The is a good step in to cryptocurrency ,that another coyntry in southeast asia is starting to accept cryptocurrency for their country , Phillippines is also an econonically busy country with lots of establishment and industry and going into cryptos is another leap for crypto and the holders of cryptos .
hero member
Activity: 1078
Merit: 501
IT is good new to hear.  IT is a proof showing that more countries are open into bitcoin, and crypto currency. THerefore I have more belief in bitcoin that the development of bitcoin  can meet my expectation, IT don'n make me disappointed
with confidence of many countries using crypto, of course it becomes a positive value for its development. Phillipina is a developing country, and i hope my country is like that too
Indeed Philippines is well developed country and it will surely make the value of bitcoin and all other crypto currency bigger than before. It is not something new for me, same as Philippines there are thousands of countries who are accepting the worth and value of bitcoin, recently same as Philippines America has adopted bitcoin so it is time to see revaluation.
jr. member
Activity: 95
Merit: 1
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.
Do you have a link to back this up?


I watched it from the news, maybe you dont believe it after
some of the mainstream media has negative insight on bitcoin due it was use as a investment scam.

But if you are from this country you can now buy goods using a bitcoin without converting it to physical money in Global city. Bitcoin ATM which was located in salcedo street in makati.
hero member
Activity: 798
Merit: 527
The Philippines is a relatively small country and I do not overestimate it. I think it only affects the Crypto market in terms of extending the influence of blockchain technology. Anyway, that's a great signal and it gives us more confidence in Cryptocurrency. Investors in the Philippines felt safer investing in crypto.
Even if it is a small country, is it not a good start to see smaller countries trying to make a good thing for themselves. I see a country that is trying hard to at least benefit from the space and smart enough to know this is something that can be beneficial to their economic growth entirely.

It is obvious that this is the path in the long run that most countries will start following and while some may end up being late to the show, but one thing is certain, we will get to see a whole lot of countries, realizing what they have been missing all along and trying to also put in some effort into being a crypto friendly space as well.
member
Activity: 216
Merit: 17
Xircus
Yes philippines started to accept cryptocurrencies in some matters like paying and buying some like through loads in a smartphones.,Our banks BSP is also adopting and using crypto as a mood of investment.
          So were hoping it can really make some countries too to adopt and supports crypto because it helps us through the better.
jr. member
Activity: 126
Merit: 3
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.
Do you have a link to back this up?
jr. member
Activity: 252
Merit: 1
Even the renowned Boxing champion + Senator in Philippines Manny Pacquiao have his own crypto token. i guess Pinoy will be the 1st to adopt crypto in SEa region. 
full member
Activity: 1344
Merit: 103
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

Thats a really good news to us , because i know that crypto is very useful in many ways such as payment for billing , remittances and many more . I surprise that our government is accepting this kind of currencies and that is the way of us to upgrade our technologies like as you said . I read some good news about cryptocurrencies in many countries so i want to know more and i want to spread the goodness of this kind of currencies to our country.
full member
Activity: 1708
Merit: 126
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.


Cryptocurrency is actually legal here in our country. A lot of establishments are accepting bitcoin here and diffenrent transactions are having cryptocurrency as a mode of payment. If a lot of countries would accept it, life would be lighter and easier I guess.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
Cryptocurrency transactions has been on the rise in the philippines.

They are already accepted 5 cryptocurrency company in the country and approximately planning to give license for atleast 25 companies to operate in the philippines.

With the current government administration they are starting to adopt and build even in the technological infrastructure.

In more years to come the country will be more open to blockchain technology like japan and other countries.

It is a good news that Philippines is open to adopt the innovation happening in modern world especially the blockchain technology and the cryptoworld. We can see a lot of opportunities to earn money in cryptos that can also help the country's economic growth. More people have chances to deal and invest with these cryptos cause the government believe and trust cryptos.
They just needed to understand how things works inside the blockchain and what crypto really all about, there's a lots of room to grow for this industry and each countries who able to adopt and fully used the system can get a bigger edge as if being implemented correctly it can really help the economy, usage of the system can be performed inside the government.
full member
Activity: 420
Merit: 100
It would rather help the crypto community in the philippines because their will be accepting crypto and use it in any businesses nationwide  although many will against in it even in government also but many people in the philippines will benefits in this step changes.
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