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During World War II in the Philippines, the occupying Japanese government issued a fiat currency in several denominations; this is known as the Japanese government-issued Philippine peso (see also Japanese invasion money ). [ 1] The Japanese government outlawed possession of guerrilla currency, and declared a monopoly on the issuance of money ...
Art. 117. — The purchase, sale, use, and holding of so-called virtual currency is prohibited. Virtual currency is that used by internet users via the web. It is characterized by the absence of physical support such as coins, notes, payments by cheque or credit card.
The Philippine fifty-peso note (Filipino: Limampung piso (formal), singkuwenta pesos ()) (₱50) is a denomination of Philippine currency. Philippine president and former House Speaker Sergio Osmeña is currently featured on the front side of the bill, while the Taal Lake and the giant trevally (known locally as maliputo) are featured on the reverse side.
The notes, issued after December 29, 1941, reflected the crisis at the time, and were labeled "Emergency Circulating Notes". They were issued by the Philippine National Bank and the government of the Commonwealth of the Philippines. In addition to those issues, the Commonwealth government also allowed municipal and provincial authorities to ...
List of all Asian currencies Present currency ISO 4217 code Country or dependency (administrating country) Currency sign Fractional unit Russian Ruble [1]: RUB Abkhazia ...
The Japanese occupation of the Philippines (1942–45) was no different. This is a complete set of Japanese government-issued Philippine peso. The effect of wartime hyperinflation can be seen in the rapid increase of denomination value put into circulation. Pencil notations on the obverse of the notes beginning with "CM" indicate these notes ...
Virtual currency. Virtual currency, or virtual money, is a digital currency that is largely unregulated, issued and usually controlled by its developers, and used and accepted electronically among the members of a specific virtual community. [1] In 2014, the European Banking Authority defined virtual currency as "a digital representation of ...
Virtual tax. Virtual tax is a proposed USA tax on internet gamers for items bought or traded solely within the virtual world (Internet game worlds). [1] [2] [3] The tax on a transaction would be considered as if it were a purchase or sale (if real currency is involved) or barter (if not). Virtual property, on the death of the owner, would be ...