Bitcoin, Ether, and other cryptos won’t be banned in the Philippines

Owners of Bitcoin (BTC), Ether (ETH), and other digital assets in the Philippines are facing uncertain times ahead as it is still unclear what stance the new administration of Ferdinand Marcus Jr. might take towards crypto regulations. However, initial talks with the countrys new central bank governor proved to be promising as the official said that he does not want to outlaw digital currencies. In an interview with Forkasts Jenny Ortiz, incoming Bangko Sentral Ng Pilipinas (BSP) governor Felipe Medalla shared his stance on crypto regulation, the central banks plan of a CBDC, and the...



source: https://tokenpost.com/Bitcoin-Ether-and-other-cryptos-wont-be-banned-in-the-Philippines-9693

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