The Philippines has emerged at the forefront of the global blockchain revolution with the Cagayan Economic Zone Authority pioneering a government-backed hundred million dollar ecosystem for financial technology and cryptocurrency business, developing the Cagayan Special Economic Zone and Freeport (CSEZFP) into a technological garden and a safe haven for the evolution of the world’s next wave of groundbreaking technological innovations.

In collaboration with global industry leaders, CSEZFP is the first economic zone in Asia to regulate, license and propagate offshore financial technology solutions enterprises and offshore virtual currency exchanges. Compliance to existing laws and regulations, accuracy, privacy, and security of information will be ensured through the advanced technology of CEZA’s central system.