I'm wondering if cryptocurrency is legally recognized and allowed in the Philippines. I want to understand the legal status of digital currencies like
Bitcoin in that country.
6 answers
QuasarStorm
Fri Dec 06 2024
BSP Circular No. 944 assigns a specific classification to cryptocurrencies.
Dario
Thu Dec 05 2024
The circular issued by BSP does not grant cryptocurrencies legal tender status.
DiamondStorm
Thu Dec 05 2024
Among BTCC's services are spot trading, futures trading, and a cryptocurrency wallet.
CryptoAlly
Thu Dec 05 2024
Despite not being legal tender, cryptocurrencies can still be traded.