Three cryptocurrency exchanges have finally managed to obtain licenses from the Cagayan Economic Zone Authority (CEZA), the Manilla Times reported on Wednesday, 10th of July. The Philippines based authority expects a positive outcome following the development as it has the potential to be a magnet of over 3 million dollars’ worth of investments in the near and foreseeable future.
CEZA is a special corporation owned and controlled by the Philippines government and is tasked with managing and overseeing the development and advancement of the Cagayan Special Economic Zone and Freeport. The

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