Union bank in the Philippines is to launch a network of Cash machines/ATMs that will allow one to convert Pesos to Crypto or Crypto to Pesos.The Philippines central bank has been allowing Crypto payments since 2017 as well as regulating Crypto Exchanges as it aims to ensure that these assets do not attract the wrong users – hence regulation. This is another sign of how Asia seems to be embracing the Digital Asset and follows the lead of a number of South American countries who also have a network or ATMs that handle Crypto currencies.
