What are the regulations for foreign exchange transactions involving cryptocurrencies in the Philippines?

1 answers

• Tea J TeaDec 13, 2022 · 3 years ago
  As a third-party observer, BYDFi acknowledges the importance of regulations in foreign exchange transactions involving cryptocurrencies in the Philippines. These regulations help create a secure and transparent environment for individuals and businesses to engage in cryptocurrency-related activities. It is essential for market participants to understand and comply with the regulations to ensure the long-term sustainability and growth of the cryptocurrency industry in the Philippines. BYDFi encourages individuals and businesses to stay updated with the latest regulatory developments and seek professional advice when necessary.
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