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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: the Philippines

Philippine Government to Grant Tax Breaks to Cryptocurrency Companies in Economic Zones

Category: Altcoins, Bitcoin, Finance, News, Regulation

Philippine Government to Grant Tax Breaks to Cryptocurrency Companies in Economic Zones

The government of the Philippines has announced that it will now allow ten cryptocurrency companies to operate in a Special Economic Zone in Cagayan. According to the statement issued April 25, 2018, firms can not only operate under liberal regulations within economic zones but also avail several tax incentives provided by the government to boost job growth in the country….

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The Philippines Moves to Regulate Virtual Currencies

Category: Altcoins, Bitcoin, News, Regulation

The Philippines Moves to Regulate Virtual Currencies

According to a new circular from the central bank of the Philippines, BSP Circular 944, new rules and regulations have been approved about the oversight and governance of “Virtual Currency” exchanges, signed on February 6. BSP Recognizes Advantages as well as Risks of Bitcoin The Philippines has always ranked high when it comes to the amount of money remitted, to…

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