CL-2026-013: Revocation of EMI-NBFI License and Cancellation of VASP and OPS Certificates for Zybi Tech, Inc.

9 BANGKO SENTRAL NG PILIPINAS
To
OFFICE OFTHE DEPUTY GOVERNOR I PAYMENTS AND CupPENCY MANAGEMENT SECTOR Subject ALL BANGKO SENTRAL NG PILIPINAS IBSP) - SUPERVISED INSTITUTIONS IBSls) CIRCULAR LETTER No. cL-2026-013 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. 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 1:7. March 2026 I MAM To E. BSP Circular No. 1166. Serie of 2023 2 BSP Circular No. 1108. Sene of 2021 NGONAN ernor