The value of cryptocurrency transactions in the Philippines surged between January to September 2020 compared to the same period of the previous year. From nearly 15 billion Philippine pesos in 2019, the value of cryptocurrency in the country reached 76 billion Philippine pesos, reflecting a 410 percent increase. This was caused by the rise of Bitcoin prices and the expansion of regulations on financial services in the country.
Total value of cryptocurrency transactions in the Philippines in 2019 and 2020
(in billion Philippine pesos)
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Fintech News Philippines. (December 1, 2021). Total value of cryptocurrency transactions in the Philippines in 2019 and 2020 (in billion Philippine pesos) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1246102/philippines-transaction-value-of-cryptocurrency/
Fintech News Philippines. "Total value of cryptocurrency transactions in the Philippines in 2019 and 2020 (in billion Philippine pesos)." Chart. December 1, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1246102/philippines-transaction-value-of-cryptocurrency/
Fintech News Philippines. (2021). Total value of cryptocurrency transactions in the Philippines in 2019 and 2020 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1246102/philippines-transaction-value-of-cryptocurrency/
Fintech News Philippines. "Total Value of Cryptocurrency Transactions in The Philippines in 2019 and 2020 (in Billion Philippine Pesos)." Statista, Statista Inc., 1 Dec 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1246102/philippines-transaction-value-of-cryptocurrency/
Fintech News Philippines, Total value of cryptocurrency transactions in the Philippines in 2019 and 2020 (in billion Philippine pesos) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1246102/philippines-transaction-value-of-cryptocurrency/ (last visited November 10, 2024)
Total value of cryptocurrency transactions in the Philippines in 2019 and 2020 (in billion Philippine pesos) [Graph], Fintech News Philippines, December 1, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1246102/philippines-transaction-value-of-cryptocurrency/
