A JAPANESE investor has partnered with a Filipino capitalist to form a company that will introduce bitcoin to Filipinos.

Takanori Okuno and Emmanuel Roa Duterte formed Japhil Global Coins Corp. (J-PGC) and will set up headquarters in Cebu.

J-PGC president Duterte said they aim to introduce the virtual currency to Filipinos so they can take advantage of its uses such as in remitting money, investment and cashless payment.

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