19 companies to operate as approved exchanges in the Philippines

19 companies to operate as approved exchanges in the Philippines

The Cagayan Economic Zone Authority (Ceza) has disclosed that nearly nineteen companies have been granted Financial Technology Solutions and Offshore Virtual Currency and Offshore Virtual Currency licenses. Reportedly, 17 companies received provisional principal licenses for the conduct of offshore fin-tech solution business activities and the other two received provisional regular licenses for offshore virtual currency exchange activities.

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