In filing Senate Bill (SB) No. 1694, Sen. Leila de Lima said the criminal justice system must be prepared in case virtual currency like bitcoins -- which is increasingly becoming popular -- is used in unlawful activities.
Bangkok-based cryptocurrency consulting firm Global Crypto Hub (GCH) has opened its Philippine office to introduce their initial coin offering (ICO) "usereum."
Digital Currency Co. Ltd claimed that it has partnered with the Senate of the Philippines for the release of a virtual currency called the Philippine Global Coin (PGC).