The Philippine central bank is now considering the digital currency regulation for them to protect consumers and this is also because of the rising numbers of the overseas filipino workers who are using bitcoin and other digital currencies.
Philippine Central Bank
Breaking News
According to Central Bank of the Philippines Governor Amando Tetangco, the policy of increasing rates to cope with volatile currencies set in place by fellow emerging markets would be more harmful, the Financial Times reported.
Subscribe to VCpost newsletter
Most Popular
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Philippines Wants US, Japan to Fund Freight Railway Project After It Drops Funding Talks With China
- Canadian Family Receives Wrong Remains After Father Died While on Vacation in Cuba
- Samsung to Implement Six-Day Work Week for Executives Slammed by Critics 'Not Effective'
- Baltimore Sues Dali Cargo Ship Owner and Manager for Negligence That Led to Key Bridge Collapse
- American Millionaire Charged in Brutal Murders of Canadian Tycoon and His Partner in Dominica Denied Bail