Filipino Lawmakers Unveil ‘E-Peso Act’ to Create National Currency for the Digital Age

By October 6, 2014Bitcoin Business

Filipino lawmaker and representative of the 5th District of Pangasinan Kimi S. Cojuangco, pushes the proposed "E-Peso Act 2014" to be immediately enacted, as the Philippines is lacking an "official medium of exchange or money for the internet," reported The Philippine Star.

The representative explained: "What exists is a patchwork of methods using traditional credit systems, which act in place of money on the Internet. The E-peso is the electronic equivalent to the paper […]

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