Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: Riya143 on July 26, 2020, 07:27:20 PM

Title: Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
Post by: Riya143 on July 26, 2020, 07:27:20 PM

The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases.
Read More: https://news.bitcoin.com/philippines-16-cryptocurrency-exchanges-approved-central-bank/

Title: Re: Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank
Post by: Delgado on August 29, 2020, 08:21:05 AM

Not bad for such a small state. Cryptocurrency exchanges do not require significant funding from the state and will regularly transfer decent amounts to the treasury as tax.