The Philippines are quietly making some moves when it comes to cryptocurrencies. It seems that the Philippines is trying to join the forefront of the Crypto movement as opposed to some other world governments who seem to be focused on rolling out more and more regulations limiting the emerging industry.
“Melchor Plabasan, officer-in-charge at the Technology Risk and Innovation Supervision Department of the central bank, said newly approved were Bexpress Inc., Coinville Phils. Inc., and ABA Global Phils. Inc,” reports Manila Times.