Why Governments Should be Promoting Integration Over Mining
It was reported on April 25, 2018, that the Philippines is going to create a special economic zone for cryptocurrency and blockchain companies. This special economic zone will help to stimulate operations and growth for blockchain companies in a regulatory favorable and low tax environment.
The move was reminiscent of Belarus’ actions in the past few months, the country legalized cryptocurrencies and enabled tax-free policies for companies in the blockchain space for the next five years.
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