Philippine Central Bank Governor Explains Crypto Policy — 'I Don't Want It Banned' – Regulation Bitcoin News

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Philippine Central Bank Governor Explains Crypto Policy — 'I Don't Want It Banned' – Regulation Bitcoin News
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The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. 'I don't want it banned,' he said. crypto bitcoin

I don’t want it banned, but I don’t want to call it cryptocurrency.

Medalla then slammed bitcoin’s environmental impact, stating that the crypto is “bad for the environment because the amount of electricity that the miners use is bigger than the electric consumption of some countries.”

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