Interest in Philippines Economic Zone Crypto License Increases – 17 Firms Paid in Full

2018-7-31 14:34

Regulation

The Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses.
Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said.
Ceza expects to earn about $68 million from crypto licensing.
Japan Confirms Entrance Into the Crypto Space
17 Companies Paid in Full
Ceza previously announced that it will issue 25 Financial Technology Solutions and Offshore Virtual Currency (Ftsovc) licenses.
The permits allow licensees “to establish a financial tech, crypto, and blockchain office” at the zone, Bitpinas news outlet described.

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Philippines’ Financial Zone Making Crypto Controls, Authorizing 25 Exchanges

Regulation The authority of the Filipino government-owned economic zone is drafting regulations for cryptocurrencies and planning to limit the number of licenses it issues to 25. Japan Confirms Entrance Into the Crypto Space Drafting Crypto Regulations Philippines’ Cagayan Economic Zone Authority (CEZA) is “crafting rules to safeguard cryptocurrency investors,” according to the Philippine News Agency,

2018-7-1 22:11


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