ADAX Awarded New Exchange License for Security Tokens

(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 Lam