Philippines Cryptocurrency Regulations: BSP License vs CEZA License
Let’s break down the differences between a BSP license and a CEZA license, both can be obtained in the Philippines but with different functions altogether.
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Offshore Cryptocurrency Exchange
CEZA Warns Public of Fake Offshore Crypto Exchange License Holders
The Philippines’ Cagayan Economic Zone Authority (CEZA) has issued a statement against entities claiming to have offshore virtual currency licenses.
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Philippines CEZA Posted 212% Increase in Income is Due to Fintech and Crypto Licensing
The PH economic zone expects more earnings as soon as the companies that applied for licensing begin trading cryptocurrencies or conduct placement of coins.
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Philippines CEZA Has Already Issued 17 Offshore Cryptocurrency Exchange Licenses
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.
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CEZA Grants Offshore Virtual Currency License to Tiger Wheel
The Cagayan Economic Zone Authority (CEZA) has granted a principal license to Tiger Wheel Limited in a simple ceremony at CEZA’s office in Mandaluyong.
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CEZA Expects to Earn Php 3.6 Billion from Offshore Crypto License Issuing
CEZA said 6 of the 70 applicants have paid for offshore crypto licenses. The principal license under CEZA costs $360,000 and a regular license is $85,000.
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