🔶The Cagayan Economic Zone Authority of the Philippines is establishing a registration center for DAO

The Cagayan Economic Zone Authority (CEZA) of the Philippines announced that it is establishing a registration center for DAO. By launching the DAO registration center, the Cagayan Economic Zone Authority of the Philippines hopes to become the best place in the world to conduct DAO business activities and promote the region. The blockchain business is growing rapidly, and its goal is to become the world's first DAO registration center and make DAO an entry point for building a mature blockchain ecosystem. However, the agency admitted that there are still gaps in the relevant regulatory structure, which is what they hope solved problem. Up to now, countries/regions that have built DAO registration centers include Malta, Switzerland, Estonia, Gibraltar and Wyoming in the United States.