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MARKET OVERVIEW
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Philippines
Philippine Peso (PHP)
The Philippines is a crypto-friendly nation with clear regulations and high adoption among OFWs for remittances.
115M+
Population
PHP
Local Currency
High
Crypto Adoption
Legal
Crypto Status
REGULATIONS
Regulations
115M+
Population
PHP
Local Currency
High
Crypto Adoption
Legal
Crypto Status
Regulations
Legal and regulated. BSP licenses crypto exchanges. One of Asia's most crypto-friendly jurisdictions.
LegalTaxed
BSP regulates crypto exchanges. Capital gains tax applies. Clear regulatory framework.
TRADING GUIDE
Trading Tips
- GCash and Maya are the dominant e-wallets
- Bank transfers work well for larger amounts
- Strong OFW remittance market makes crypto useful
- Licensed exchanges and P2P platforms both available
PAYMENT METHODS
Payment Methods
GCashMayaBank TransferCash