Business 18 September 2019

3 crypto exchanges suspended in Philippines’ economic zone

The licenses of Golden Millennial Quickpay, Liannet Technology Ltd and Asia Premier will be temporarily halted as they move to oversight by the Cagayan Economic Zone Authority.

Business 6 May 2019

ADAX granted digital currency exchange license by CEZA

CEZA, a regulatory body in the Philippines, has given ADAX an offshore virtual currency exchange license, allowing its customers to create and sell tokens.

Business 25 March 2019

Crypto license holders in Philippines’ economic zone rise to 24

Chief Raul Lambino confirmed CEZA issued 24 principal licenses and six regular licenses for cryptocurrency exchanges, as well as four licenses for 15 companies involved in financial technology solutions.

Business 6 February 2019

Philippines CEZA introduces new crypto regulations

In a February 4 press release, the Cagayan Economic Zone Authority (CEZA) rolled out new regulations for cryptocurrencies.

Business 27 November 2018

Crypto investments turn Philippine economic zone around

The Cagayan Economic one Authority (CEZA) in the Philippines has doubled revenues in 2018, after promoting itself as a cryptocurrency-friendly hub.

Business 16 October 2018

19 crypto exchanges secure provisional license in Philippines’ economic zone

The number of companies that have been granted provisional licenses by the Cagayan Economic Zone Authority (CEZA), which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), has jumped to 19.

Business 1 August 2018

Philippine economic zone sees strong demand for crypto licenses

CEZA, which operates the Philippine government-owned Cagayan Special Economic Zone (CSEZ), expects to receive as much as $68 million in licensing revenue, with 17 firms already having paid in full to be licensed to operate cryptocurrency businesses there.

Business 12 July 2018

3 crypto startups score landmark CEZA licenses in the Philippines

The Cagayan Economic Zone Authority has granted provisional licenses to three cryptocurrency exchanges, in a move that is expected to lead to investment of up to $3 million for the country.

Business 2 July 2018

25 crypto licenses up for grabs in Philippines’ economic zone

CEZA plans to limit the issuance of its licenses to 25, although each license holder can have 20-30 sub-licenses for traders and brokers.

Business 26 April 2018

Philippines’ special economic zone opens doors to crypto operators

The Philippine government is opening the Cagayan Special Economic Zone to allow cryptocurrency and blockchain operators “to take advantage of tax perks while generating employment.”