{"id":27952,"date":"2014-10-05T19:30:58","date_gmt":"2014-10-05T11:30:58","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=27952"},"modified":"2025-01-28T16:01:02","modified_gmt":"2025-01-28T21:01:02","slug":"solon-seeks-passage-of-e-peso-act","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/10\/05\/solon-seeks-passage-of-e-peso-act\/","title":{"rendered":"Solon seeks passage of E-Peso Act"},"content":{"rendered":"<figure id=\"attachment_22129\" aria-describedby=\"caption-attachment-22129\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/shutterstock_63808609.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-22129\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/shutterstock_63808609-300x225.jpg\" alt=\"Shutterstock Photo\" width=\"300\" height=\"225\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/shutterstock_63808609-300x225.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/08\/shutterstock_63808609.jpg 1000w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-22129\" class=\"wp-caption-text\">Shutterstock Photo<\/figcaption><\/figure>\n<p>MANILA \u2013 A lawmaker is seeking for the passage of a bill that aims to create \u201cE-peso\u201d as a means of exchange for internet transactions.<\/p>\n<p>Pangasinan Rep. Kimi Cojuangco, authors House Bill 4914, with the goal of creating an official exchange medium for the internet.<\/p>\n<p>Cojuangco noted on the need to enact the bill as there is still no official money for transactions done over the internet.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy azithromycin online <a href=\"https:\/\/petlosshelp.net\/eblog\/images\/gif\/azithromycin.html\">https:\/\/petlosshelp.net\/eblog\/images\/gif\/azithromycin.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n<p>\u201cWhat exists is a patchwork of methods using traditional credit systems, which act in place of money on the Internet.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy finasteride online <a href=\"https:\/\/petlosshelp.net\/eblog\/images\/gif\/finasteride.html\">https:\/\/petlosshelp.net\/eblog\/images\/gif\/finasteride.html<\/a> no prescription pharmacy <\/div>\n<p> The E-peso is the electronic equivalent to the paper peso,\u201d Cojuangco said.<\/p>\n<p>Her bill also seeks to legalize the use of E-peso for debts, taxes, goods and services and other transactions made through the internet.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy stromectol online <a href=\"https:\/\/petlosshelp.net\/eblog\/images\/gif\/stromectol.html\">https:\/\/petlosshelp.net\/eblog\/images\/gif\/stromectol.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n<p>Once the bill is passed, E-peso, which will be able in all banks operating in the country, will be recognized as the electronic legal tender.<\/p>\n<p>The Bangko Sentral ng Pilipinas is also mandated by the bill to explore on the study of the \u201cbitcoin and post bitcoin cyptocurrencies\u201d technology to enhance the knowledge base of the E-peso.<\/p>\n<p>The study will help in deciding which E-peso technology will be used.<\/p>\n<p>\u201cThe BSP will also choose a system that uses peer to peer processing of the log chain and shall exert its utmost to leverage existing hardware being used by the other leading cryptocurrencies such as bitcoin,\u201d the bill stated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2013 A lawmaker is seeking for the passage of a bill that aims to create \u201cE-peso\u201d as a means &hellip;<\/p>\n","protected":false},"author":44,"featured_media":22129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[95],"tags":[8081],"class_list":["post-27952","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news-ph","tag-e-peso","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/27952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=27952"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/27952\/revisions"}],"predecessor-version":[{"id":286532,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/27952\/revisions\/286532"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/22129"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=27952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=27952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=27952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}