Advantages of the Philippines

As we all know, the Philippines is one of the first countries in the world to implement official guidelines for cryptocurrency transactions. Unlike the more cautious attitudes of the United States, the United Kingdom, Russia and other countries, the Philippine government is very positive and open towards digital currency and blockchain. And contrary to central banks in the world, the Central Bank of the Philippines (BSP) intends to formulate favorable and encouraging policies for cryptocurrencies such as Bitcoin.