The Philippine Central Bank Considers Regulation Standards for Bitcoin

in #bitcoin • 7 years ago

The central bank based in the Philippines is looking to regulate bitcoin according to recent reports from the GMA Network. Chuchi Fonacier, the bank’s Deputy Governor, says the institution has already been working with the SEC concerning ICO’s and digital exchange licensure, but now they are also considering the regulation of bitcoin.

“Currently, we are focusing on the exchanges, but who knows — With recent developments, we might consider regulating bitcoin,” explains Fonacier in an interview.

source: news

#news #philippines
7 years ago in #bitcoin by
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