I just read somewhere that the Bangko Sentral ng Pilipinas or BSP has already approved the application of two Bitcoin exchanges to operate here in the Philippines. While both have foreign roots, it would be nice to have them here on our local shore.
This is good news to many Filipinos who are into Bitcoin and those who are still planning to join the cryptocurrency bandwagon. Finally, the Philippines has already arrived as far as Bitcoin is concerned and we are now at par with Japan and other Asian countries opening its doors for Bitcoin.