As cryptocurrency continues to become stronger in the local mainstream, with over 4.3 million Filipinos either owning or are involved in trading, more companies are ramping up convenience and security measures via their platforms. 

ABA Global Philippines Inc., more known for its trade name COEXSTAR PH, is one of the country’s leading virtual currency exchange platforms that pushes the envelope in providing cryptocurrency owners worry-free online exchange services within the country or throughout Asia. 

Recently, the first-ever P-Innovator Summit slated on on June 24, 2022, has included ABA Global Philippines, Inc. in its shortlist of nominees for its continuing digital innovations and numerous virtual exchange service upgrades. The event, which recognizes the country’s prime movers in providing safer, more convenient, and highly reliable digital services to consumers, is organized by UHY M. L. Aguirre & Co. CPAs and online accounting services industry leader Babylon2k.org.

Registered under the Securities and Exchange Commission (SEC) and the Bangko Sentral ng Pilipinas (BSP), COEXSTAR PH has been one of the earlier adopters of a digital financial system via Blockchain technology that foreshadowed the growth of cryptocurrency in the region. The firm is fully licensed by the BSP and fully compliant with the Anti-Money Laundering Council’s (AMLC) requirements, with third-party support from Nullforge Security, Inc., that passes security audit standards.

Today, the company also serves as a remittance and transfer service provider that earned a Type B certification from the BSP. Given its platform’s ease of use in allowing cryptocurrency traders to purchase and sell its accredited virtual currencies, including Bitcoin, Tether (USDT), Ripple (XRP), and the Korean Won Coin (KRWC), among others, the company launched its services in March 2019. Its timely inception into the local market coincided with the virtual exchange boom in the country, which the economic effects of the current pandemic further fueled. 

Since the cryptocurrency economy made it into the country’s financial mainstream, COEXSTAR PH has been actively helping Filipinos make investments in various income-generating currencies. It continues to pioneer innovations in the industry mainly on its excellent customer services, 24-hour trading features, and its wide range of cryptocurrencies on top of its unparalleled security initiatives.    

Learn more about the 1st P-Innovator Summit by visiting Recognizing the Best Performing Digital/Innovative Business in PH Via an Inaugural Summit – iLead – Institute of Leadership Entrepreneurship And Development (i-leadacademy.org)

The 1st P-Innovator Summit

In partnership with UHY M. L. Aguirre & Co. CPAs, and Babylon2k.org, the P-Innovator Summit will hold its inaugural awards this year, after which shall be an annual event.

The awards aim to recognize the most innovative local companies pushing the envelope in digital transformation, mainly in business-to-business (B2B) and business-to-customer (B2C) strategies. Eligible for the awards are companies in fintech, communication, virtual currency exchange, gaming, retail, and other digital intermediaries. 

Awardees will be determined based on innovation, strategy, engagement, metrics, and campaign results. A panel comprising members of the organizing partners and affiliated entities will select the final list of awardees upon thorough reviews of the submitted entries.