The Philippines pushes back against foreign exchanges, continuing a protectionist streak

[AJBot]

The Central Bank of the Philippines warns the public against using non-local crypto trading platforms. ...

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[Kvngsammy]

I think this is the way to go. Not only will it provide some means of safety and build citizens trust in these currencies, perpetrators of crime will be easily fished out which will further strengthen the claims that crypto is for more good than evil.

 

[nana kwasi1]

This is the way to go, in my opinion. Not only will it give people a measure of security and increase their trust in these currencies, but it will also make it easier to catch criminals, supporting the idea that cryptocurrencies are more for good than for bad.

 

[Sotherefore]

Probably they have their reasons for warning its citizens from using international platforms. But however the most important thing for me is legitimacy and as long as they are legit I don't see anything wrong with that.