Ledger Nano S

Ledger Nano S - The secure hardware wallet

Monday, February 27, 2017

The Philippines Officially Legitimize Bitcoin as Payment Method

The Philippines Officially Legitimize Bitcoin as Payment Method

Bankgko Sentral ng Pilipinas, hereinafter BSP, is officially regulating local Philippine Bitcoin exchanges as remittance companies and recognizing Bitcoin as a legitimate payment method.

Earlier this month, BSP Deputy Governor Nestor Espenilla announced the plans of the Philippine Central Bank to issue a proper regulatory framework for Bitcoin users, exchanges and companies. Espenilla emphasized the exponential growth of Bitcoin within the country, stating that monthly Bitcoin volumes increased from $1 mln to $6 mln a month in a year.

Full story at http://bit.ly/2lLLD4y

 

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Copy and paste this code into your pages.