The Central Bank of the Philippines’ Monetary Board, through Resolution No. 928 dated 18 September 2025, affirmed with finality the decision to cancel ABA Global Philippines, Inc. under the trade name Coex Star’s certificate of registration to operate as a Remittance and Transfer Company with a Type “B” Remittance Agent with Virtual Currency Exchange service, now referred to as a Virtual Asset Service Provider, pursuant to Sections 902-N and 901-N of the Manual of Regulations for Non-Bank Financial Institutions.
Central Bank of the Philippines 2025-10-28
Central Bank of the Philippines Monetary Board affirms final cancellation of ABA Global Philippines trading as Coex Star remittance and virtual asset registration
The Central Bank of the Philippines' Monetary Board has finalized the cancellation of ABA Global Philippines, Inc.'s registration to operate as a Remittance and Transfer Company and Virtual Asset Service Provider. This decision, under Resolution No. 928, aligns with Sections 902-N and 901-N of the Manual of Regulations for Non-Bank Financial Institutions.