Singapore, Dubai and the Philippines Pilot Crypto Industry Expansion

On the 28th of January, the Payment Services Act of Singapore allowed crypto-related firms to apply for operating licenses. Additionally, the Act provides a regulatory framework for dealing with crypto-trading and digital payments operations. The Monetary Authority of Singapore, MAS, is in charge of regulation for crypto payments services, domestic transactions, and merchant regulation, which outlines the Act. Similarly, the MAS is also in charge of mitigating cyber-security risks and establishing controls to deal with the funding of terrorism and…

CEZA Asia Crypto Valley Makes Arrangements to Build an Airport

The Philippines' Cagayan Economic Zone Authority (CEZA) confirmed its primary objective is the establishment of an inside airport located in the Crypto Valley of Asia. Following this insight, the initial cost that will be incurred in the creation process would be an approximated value that lies between $60 million to about $80 million, based on the claims by the Chief Executive Officer of the organization. The establishment's major significance and realization follow the genuine in-depth understanding of the Crypto Valley…