And I am also a user of Abra and no problem at all especially for their KYC, I already have multiple transactions with Abra and until now they are still not asking some of my personal documents.
No KYC? Wow, you're lucky. I just tried using a bitcoin ATM yesterday (which malfunctioned, of course) and it asked me for a scan of my ID and phone number for an SMS verification.
For my almost 3 years now in crypto, I still didn't heard any KYC things about Abra here in the Philippines, it's maybe because they are only registered with SEC and maybe this will be the reason too:
(we have 1 popular exchange here which is Philippine based that is extremeley strict when it comes about KYC, but if you compare it with Abra, it is really opposite)
(..)
every business that are form as corporation has to be registered with the SEC, and all those businesses that are in money services or what we called financial corporation has to be registered with the BSP at the same time, I think this is due to the AMLA (Anti money Laundering Act) which is under the monitoring of the BSP.
IIRC, before only Banks are requires to register with the BSP, but now they already include Pawnshops and other financial institutions including the crypto exchanges. SEC does not usually issue memos from time to time, it's the BSP that is actively issues memos and every businesses under its supervision has to comply with such issuance.