Regulate or Restrict? Salcedaโs Tax Plan vs. Infrawatchโs Push to Ban Unregulated Exchanges
Weigh in on what is the better policy for foreign crypto exchanges; ban them or tax them instead?
Weigh in on what is the better policy for foreign crypto exchanges; ban them or tax them instead?
Filipino representative wants the government to look at taxing overseas crypto exchanges.
The bill also mandates transparency and disclosure of all fees and charges.
Secretary General of the House of Representatives, Reginald Velasco issued a statement regarding the incident.
Salcedo gave a possible economic solution which can be a mix of policy and program intervention. He suggested that the government needs to encourage the โBig 4โ in service Dollar earners.
Rep. Cua said that currently, what the Philippines have is a patchwork of digital payment platforms and electronic money systems operated by private entities like banks.