//Philippines Loosens Grip, Allows 10 Cryptocurrency Companies to Operate in Economic Zone

Philippines Loosens Grip, Allows 10 Cryptocurrency Companies to Operate in Economic Zone



In an attempt to generate employment and drive the country’s economy forward, the Government of the Philippines announced that it’s giving the go-ahead to 10 cryptocurrency and blockchain companies to take full advantage of the tax perks and other benefits by operating within its economic zone.

Source: Philippines Loosens Grip, Allows 10 Cryptocurrency Companies to Operate in Economic Zone