Moneybees Forex Corporation, a crypto exchange licensed by the Bangko Sentral ng Pilipinas (BSP), has appointed its chief legal counsel, Nancy M. Ocampo-Omadto, as CEO, BitPinas reported.

The company said the move is meant to put regulatory compliance at the centre of its virtual asset operations.

Moneybees also said Ocampo-Omadto is the first woman to lead a BSP-regulated non-bank virtual asset service provider (VASP).

All seven non-bank VASPs on the BSP’s list as of July 2026 were led by men, according to the company.

“In an industry where trust is the ultimate product, my focus is to steer Moneybees toward sustainable growth by embedding regulatory excellence at the core of our business strategy,” Ocampo-Omadto said.

Moneybees’ Priorities Under its New CEO

The appointment comes as the BSP prepares amendments to its 2021 VASP rules and works more closely with the Securities and Exchange Commission on crypto oversight.

Under Ocampo-Omadto, Moneybees plans to strengthen its anti-money laundering and counter-terrorism financing controls, operational risk systems and consumer protection measures.

Founder Jay Ricky B. Villarante, who remains chairman, said the company wants to show “that a regulated company can grow while meeting the highest standards of compliance.”

Background and Experience

Ocampo-Omadto joined Moneybees in September 2024 as chief legal counsel, later also serving as data protection officer and corporate secretary.

She has 17 years of experience in litigation and compliance across financial services, gaming, petroleum, real estate and digital assets, including roles at Melco Resorts and Unioil Petroleum Philippines.

Moneybees operates over-the-counter crypto desks at partner pawnshops and remittance outlets nationwide, letting retail traders buy and sell crypto with cash.

In 2025, it partnered with Czarina Forex to bring its desks to more locations.

Featured image: Edited by Fintech News Philippines based on an image by uokrohitha via Magnific.