Bitcoinist
2018-04-27 23:00:47

Philippines Loosens Grip, Allows 10 Cryptocurrency Companies to Operate in Economic Zone

Philippines will move to allow the operation of 10 virtual currency and blockchain companies in its economic zone. By doing so, it provides them with a wide leeway for improvement as they’d be able to take advantage of certain tax benefits. In an attempt to generate employment and drive the country’s economy forward, the Government of the Philippines announced that it’s giving the go-ahead to 10 cryptocurrency and blockchain companies to take full advantage ofRead MoreThe post Philippines Loosens Grip, Allows 10 Cryptocurrency Companies to Operate in Economic Zone appeared first on Bitcoinist.com.