CEZA Has Already Granted 23 Offshore Crypto Licenses, Posted Record 2018 Growth
While fees from registration contributed to CEZA’s income, it estimates more growth when the offshore crypto firms start trading their asset-backed tokens.
While fees from registration contributed to CEZA’s income, it estimates more growth when the offshore crypto firms start trading their asset-backed tokens.
CEZEX can facilitate offshore users to trade fiat to crypto, security tokens backed by assets (like stocks, bonds, etc), and even derivatives.
The Cagayan Economic Zone Authority (CEZA) has recently granted SG-based 6x.com to operate an offshore cryptocurrency exchange service in the economic zone.
The Cagayan Economic Zone Authority has appointed Asia Blockchain and Crypto Association (ABACA) as its self-regulatory organization (SRO).
The Cagayan Economic Zone Authority has partnered with Rare Earth Asia Technologies (Rare Earth) to market and promote the economic zone as an ideal destination to set fintech and blockchain businesses in the Philippines.
The Cagayan Economic Zone Authority (CEZA) cracks down any illegal online cockfighting (sabong) and unlicensed cryptocurrency firms within its economic zone.
Self Regulating Organizations will give CEZA insights that will help the regulator effectively regulate the crypto companies within its jurisdiction.
Asia Premier’s license will allow it to run blockchain operations in the Philippines to serve overseas markets.
The PH economic zone expects more earnings as soon as the companies that applied for licensing begin trading cryptocurrencies or conduct placement of coins.
The Cagayan Economic Zone Authority (CEZA) has announced that it has already issued 17 Provisional Principal Offshore Cryptocurrency Exchange Licenses and 2 Provisional Regular Licenses.