Buying bitcoins has never been this easy in the Philippines. Coins.ph allows anyone even without a bank account to buy bitcoins at 7-eleven stores which are found everywhere across the country.
You can also deposit and withdraw funds using Bitcoin ATM.
Recently, the central bank of the Philippines has officially approved bitcoin as legal payment method and released its regulation regarding bitcoin usage. You can read the official document containing government regulation here.
Although the concept of cryptocurrencies is new and difficult to understand for most people, this massive development has led people to gain more confidence in non-fiat currencies. Indeed, more and more countries are adapting bitcoin and the public are getting more educated. With cryptocurrencies getting mainstream, we would expect a tremendous market growth in the coming years. Long live cryptocurrencies!