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I also checked the news about the Philippines and it's not the best I want to see.

MANILA - Investing in bitcoins can be "very risky" due to large price fluctuations and could result in "huge" losses, the Bangko Sentral ng Pilipinas said.
Source

They seem to discuss it in terms of price volatility and risk, and not so much about the technological benefits.

but Union Bank seems to be optimistic.

Thank you 😀