2018-7-3 05:30 |
Reports out today highlight that authorities in the Philippines are set to issue new licenses to a number of cryptocurrency exchanges in an attempt to apply some form of regulation to the country.
Within this, Filipino authorities will follow in the footsteps of Japan, a country with a notorious stance on cryptocurrency exchange regulation that really is spearheading a new international movement.
According to CCN, the Cagayan Economic Zone Authority (CEZA), based within the Northern part of the Philippines are going to issue licenses to 25 cryptocurrency exchanges in a bid to increase trading within it’s ‘tax friendly’ zone.
Continue reading Philippines To Spearhead Exchange Regulation In South Asia at Crypto Daily™.
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