Philippines welcomes and allows cryptocurrency operators in economic zone

in philippine •  7 years ago  (edited)

Philippines Welcomes Crypto Economic Zone (cointelegraph)

After hemming and hawing in its strange relationship with cryptocurrencies and the businesses they imply, the Philippine government decided to make room for a set aside economic zone. The scheme is offered in hopes of generating more tax income, employment for its people, and perhaps a dedicated crypto university... Read more

Philippines to allow cryptocurrency operators in economic zone

MANILA (Reuters) - The Philippines will allow 10 blockchain and virtual currency companies to operate in an economic zone to take advantage of tax perks while generating employment, a government official said on Wednesday... Read more

Philippine Gov’t To Allow Country’s First Crypto Businesses In Special Economic Zone (cointelegraph)

The Philippine government will allow 10 Blockchain and cryptocurrency companies to operate in the Cagayan Economic Zone, Reuters reports April 25.
The companies will reportedly be the first Blockchain and crypto-related firms to legally operate in the Philippines after the Cagayan Economic Zone Authority (CEZA) established a fintech hub with the goal of creating an Asian “Silicon Valley”. CEZA is a state-owned corporation that manages the Cagayan Special Economic Zone and Freeport... Read more

Philippines To Welcome Ten Blockchain And Cryptocurrency Companies Into Special Economic Zone

ethnews

ICO News: Philippine government announces plans to allow cryptos in economic zone

invezz

Cagayan Economic Zone

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[Updated] .. Philippines Welcomes Crypto Economic Zone (cointelegraph)