Philippines To Spearhead Exchange Regulation In South Asia

Philippines To Spearhead Exchange Regulation In South Asia
фото показано с : cryptodaily.co.uk

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.

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Фото:

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