Regulatory Alerts2024-03-21
Cancellation of Registration of ATOMTRANS TECH CORP.
The Monetary Board of the Bangko Sentral ng Pilipinas approved the cancellation of ATOMTRANS TECH CORP.'s Certificate of Registration to operate as a Remittance and Transfer Company. This action was taken pursuant to Section 902-N of the Manual of Regulations for Non-Bank Financial Institutions, as amended by Circular No. 1108. The entity was specifically deregistered for its Type A Remittance Agent status with Virtual Currency Exchange service, now classified as a Virtual Asset Service Provider.
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