Revocation of Electronic Money Issuer-Non-Bank Financial Institution (EMI-NBFI) License, and Cancellation of Certificates of Registration as Virtual Asset Service Provider (VASP) and Operator of Payment System (OPS) of Zybi Tech, Inc. (Doing Business Unde
9 BANGKO SENTRAL NG PILIPINAS OFFICE OFTHE DEPUTY GOVERNOR I PAYMENTS AND CupPENCY MANAGEMENT SECTOR CIRCULAR LETTER No. cL-2026-013 To ALL BANGKO SENTRAL NG PILIPINAS IBSP) - SUPERVISED INSTITUTIONS IBSls) Subject Revocation of Electronic Money Issuer-Nori-Bank Financi I Institution (EMI-NBFlj License, and Cancellation of Certificates of Registration as Virtual 55et Service Provider tvASPi and Operator of Payment System tops) of Zybi Tech. Inc. Doing Business Under the Name and Style of JuanCashi The Monetary Board approved, in its Resolution No. 683. A dated 03 uly 2025. the O ) revocation of licens as Electronic Money Issuer (EMI)-Others, now referred to as EMI- NBFl'; and (2) cancellation of Certificates of Registration as (a) Remittance and Transfer Company with Type "C" EMI with Virtual Currency EXchange service. now referred to as Virtual Asset Service Provider IVASP)'; and Ib) Operator of Payment System (Ops) of Zybi Tech, Inc. IDoing Business Under the Name and Style of JuanCashj (ZYBl . pursuant to Section 37 of the Republic Act (R. A. ) No. 7653 (The New Central Bank Act). as amended; R, A. No. 9160 (The Anti-Money Laundering Act of 200.1. as amended, and its Revised Implementing Rules and Regulations; and Section 19 of the R. A. No. 11/27 (National Payment Systems Act). including the rules and regulations promulgated thereunder. The Monetary Board, in its Resolution No. 154 dated 26 February 2026. denied with finality the Motion for Reconsideration of ZYBl on the revocation of its EMI-NBFl license and cancellation of its certificates of registration to operate as VASP and Ops. I MAM To E. NGONAN ernor 1:7. March 2026 BSP Circular No. 1166. Serie of 2023 2 BSP Circular No. 1108. Sene of 2021
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