Resumen de Philippines's virtual currency boost
The article reports that the Philippines has planned to have stricter regulation on bitcoin and its operators in its campaign against money laundering. Reynaldo G. Geronimo, partner at Romulo in Manila, pointed out that the anti-money-laundering law in the Philippines remains faulty despite the improvements done to it. The Philippines is reportedly the third-largest user of bitcoin at present, fuelled largely by remittances by overseas Filipinos
