(Manila, Philippines) – Asia Digital Asset Exchange (ADAX) was awarded an Offshore Virtual Currency Exchange (OVCE) License from the Philippines’ Cagayan Economic Zone Authority. Receiving this license is a major step forward for ADAX Tech as they launch their fully regulated asset backed token issuance and exchange platform.

The OVCE License enables them to help companies create and list asset backed tokens on the ADAX platform. CEZA’s Administrator and CEO, Secretary Raul Lambino said, “As CEZA moves towards playing a major role in the evolution of the financial world regarding crypto trading and issuance of securitized digital assets, we are

The post ADAX Awarded New Exchange License for Security Tokens appeared first on CCN

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