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The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, including 40 crypto … Read more
The Philippines has announced new regulations to govern crypto assets. According to the Cagayan Economic Zone Authority (Ceza), a government regulator, the new regulations cover areas around the acquisition of cryptocurrencies, including utility and security tokens. The aim is to effectively regulate the crypto industry while safeguarding investor interests and promoting innovation, Ceza explained. Also … Read more
The Philippines government is building Crypto Valley of Asia, a cryptocurrency and fintech hub similar to the one in the canton of Zug, Switzerland. The estate will be built at the Cagayan Special Economic Zone and Freeport in partnership with private property developer Northern Star Gaming & Resorts Inc. The zone is already set to … Read more
