Cebu City eyes use of cryptocurrency in City Hall transactions
SunStar + April 27, 2021 RESIDENTS of Cebu City may soon have the option of settling their City Hall transactions—business taxes, real property taxes, BRT credits, etc.—in cryptocurrency. This, after City Mayor Edgar Labella signed a Memorandum of Understanding on April 15, 2021, to jointly explore with C Pass Inc., represented by chief executive officer (CEO) Jaewon Kim, the feasibility of the city using C Pass cryptocurrency and remittance and payment system for the city government. Kim said C Pass will immediately comply, adding that their cryptocurrency C Peso has been is...
Source: sunstar.com.ph