Philippines Legalizes Cryptocurrency Exchanges in Economic Zone

The Philippine government is welcoming nearly a dozen cryptocurrency companies to operate in a special tax-friendly economic zone situated in close proximity to a number of neighboring countries. According to a Reuters report, the Philippines will legalize the entry of 10 blockchain and cryptocurrency companies to operate in the Cagayan Economic Zone Authority (CEZA), a The post Philippines Legalizes Cryptocurrency Exchanges in Economic Zone appeared first on CCN

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We’ll Study Bitcoin ‘Very Closely’: Philippine Central Bank

The post We’ll Study Bitcoin ‘Very Closely’: Philippine Central Bank appeared first on CCN A senior official from the Philippine central bank has urged caution among retail investors of bitcoin despite the bank’s generally accepting stance on cryptocurrencies. A year ago, bitcoin price struck $1,000 on January 1, 2017, and went on a meteoric rise to scale an all-time high near $20,000 in December due to wider acceptance and The post We’ll Study Bitcoin ‘Very Closely’: Philippine Central Bank appeared first on CCN

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