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Crypto Regulation in Manila (CEZA)

Legal

Manila hosts BSP-regulated crypto exchanges. CEZA (Cagayan Economic Zone) issues offshore crypto licenses. Philippines has one of highest crypto adoption rates in SE Asia.

Region: Southeast Asia

Tax Information

Capital Gains (Personal)
Progressive up to 35%
Capital Gains (Corporate)
25% RCIT
VAT on Crypto
--
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
BSP / SEC Philippines / CEZA
Framework
BSP Circular 1108 + SEC Advisory
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
--
Travel Rule
--
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000
Reviewed: 2026-02-15medium

Frequently Asked Questions

Is crypto legal in Manila (CEZA)?
Cryptocurrency is currently classified as "Legal" in Manila (CEZA). Manila hosts BSP-regulated crypto exchanges. CEZA (Cagayan Economic Zone) issues offshore crypto licenses. Philippines has one of highest crypto adoption rates in SE Asia.
What is the crypto tax rate in Manila (CEZA)?
In Manila (CEZA), the personal capital gains tax on crypto is Progressive up to 35%, and the corporate tax rate is 25% RCIT.
Do I need a crypto license in Manila (CEZA)?
Yes, a crypto license is required in Manila (CEZA). The regulator is BSP / SEC Philippines / CEZA under BSP Circular 1108 + SEC Advisory. Estimated licensing cost: varies.
Is crypto mining legal in Manila (CEZA)?
Yes, crypto mining is legal in Manila (CEZA). Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in Manila (CEZA)?
KYC requirements for crypto businesses in Manila (CEZA) are not clearly defined.