The Cagayan Economic Zone Authority (CEZA), the government agency in charge of the Cagayan Special Economic Zone and Freeport (CSEZFP) in Sta. Ana, Cagayan, has announced it is forming a registry for decentralized autonomous organizations (DAO) as part of its bid to become the blockchain capital of Asia and possibly the world.
Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA), is under fire after Manila Times columnist Ramon Tulfo revealed on Thursday, Feb. 20, a government intelligence report detailing the corrupt practices of top ecozone officials against Chinese firms involved in online gambling and crypto-currency.
In mid-May, CEZA unveiled its cryptocurrency initiative dubbed "Crypto Valley of Asia", which set off a rush of cryptocurrency and fintech firms to locate in Santa Ana, Cagayan.
The Cagayan Economic Zone Authority (Ceza) has clarified that it has not issued any license for online cockfighting and stressed that anyone engaged in such activity is violating the anti-illegal gambling law.
The Cagayan Economic Zone Authority (Ceza) has clarified that it has not issued any license for online cockfighting and stressed that anyone engaged in such activity is violating the anti-illegal gambling law.
The project will involve research and development, as well as for the production of light rail vehicles and medium and high-speed maglev trains that run from 200km to 400km per hour for neighboring countries in Southeast Asia, including the Philippines.
The Cagayan Economic Zone Authority (Ceza) has announced that it has inked a tripartite memorandum of understanding (MoU) with two Chinese companies to develop a maglev research and development center in Sta. Ana, Cagayan.
However, collection from online gambling operations slowed down compared last year and could be attributed to CEZA's new thrust to limit online gambling operations inside the zone.