Ramon Tulfo has come into some documents and chatter that CEZA boss Raul Lambino is incredibly corrupt, and he wants everyone to know.
The Philippines has partnered with Japan in its efforts to build Asia’s crypto valley, focusing on securitization. The development includes an $80M airport.
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.
CEZA, a regulatory body in the Philippines, has given ADAX an offshore virtual currency exchange license, allowing its customers to create and sell tokens.
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.
In a February 4 press release, the Cagayan Economic Zone Authority (CEZA) rolled out new regulations for cryptocurrencies.
The Cagayan Economic one Authority (CEZA) in the Philippines has doubled revenues in 2018, after promoting itself as a cryptocurrency-friendly hub.
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.
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.
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.
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.