Member Info for Chaebol

The Company plans to resubmit its application to the Bank of Lithuania in Q1 2026......the word plans. LT VASP has gone today, replaced with something far worse a polish vasp. If they MiCA they wouldnt have bought the polish vasp 2 days ago lol

Moomins that differrnt than being invited by the BOL to resubmit, why did they fail and what do they need to do to make app viable, money employees and offcie and who knows bol may not have like company structure

Its not been accepted and Poland has no grandfatehring rights in the EU

Its another failure from the BOD

Poland has no grandfathering rights with EU countries so its not uninterrupted.

This will serve clients outside EU. EU is a big mess.

Extension lol they can offer no crypto service in LT now until mica casp.

And reapplying what did they fail on ?

To ensure trading continuity without interruption,

Thats a lie as well Poland has no grandfathering rights with other EU countries and LT

What a sheet show!

Lol you think ? Bake will tell its punters its going to poland and cannot serve most EU punters from tomorrow, but the lights will be on! what a sheet show here who would have predicted MiCA 2025...........oh lol.

GS Fintech has the vasp but its also a consultancy biz, So it can still be a valid company after 2nd Jan in LT it just cannot offer any form of Crypto services unless MiCA CASP.

Bake ahve already kind of admitted it.

EUR SEPA deposits and withdrawals will be temporarily paused

- The pause will start on December 31, 2025, at 16:00 UTC

- The pause applies only to EUR SEPA transfers

- All other services remain fully operational

I dont hink theyre gonna say anyhting maybe just we are looking at a more efficeient jurisdiction. BOL will not give a hard rejection and imo GS fintech were 1 of the 102 apps that have already been screened and were told on the 17/12 to reapply under new conditions or try MiCA through another jurisdiction.

People went deranged when i dared to say .5 when it was .75, told you billy at .6 and .5 you would get cheaper, you did !!! how am i losing folk money here ffs

If you have applied and are waiting you need to seg funds before the 31st deadline, cease all ops from then until decision, if you continue operating services past the 31st you can face sanctions or fines.

I can.

All companies that do not receive MiCA license until December 31st 2025 in Lithuania, must cease all operations in LT.

Kat ask your AI what grandfathering rights a Polish VASP has with other EU countries.

Poland has no grandfathering rights it doenst have any sort of MiCA framework. Could have chosen far better jurisdictions for the next 6 months imo.

This MiCA debacle remains a massive failure by the BOD and now further expenses......Words like raisings and placings are coming here especially if it continues this bs hype........

You Hide behind green boxes and withheld numbers. lol

The company has failed massively this year no pun intended, nothing ever goes down in a straight line but imo we still going to .3

The hopium of a failed mica app, now having to buy a new polish VASP screams incompetence. Only 18 million shares traded yday. This mica failure is a big problem and will be priced accordingly when the facts are known aimho.

GLA

All the rampers told us MiCA was a done deal, now they scrambling to Poland with no grandfathering rights in any other jurisdiction in the EU. What a victory, the words Tone Goh used is quite the tale. No TOne you bought in this jurisdiction because another app failed and Lithuania has gone. If MiCA was in you wouldnt be buying this.

The Neobankers are 0/2 licenses now, what a mob. Soon they will have to explain the pivot, maybe?

EMI the toughest app they have applied for but Im sure we will be told its another done deal.

World cup winners are out tonight hahahaha Lithuania will not recognise VASPS inside or outside its country from the 2nd January so I j have no idea why people are saying the polish VASP backs up its MiCA APP. Think they were told on the 17th Dec Mica wasn't gonna fly then plan b.....

Polish Vasp allows bake to transact anywhere outside EU US...so it allows Bake to continue some sort of services but for EU punters its still in limbo.

Poland is currently the only EU member state that has not yet enacted its national legislation to fully implement and enforce the MiCA regulatory framework.

You cannot currently apply for a MiCA Crypto-Asset Service Provider (CASP) license in Poland because the national implementing legislation hasn't been finalised and passed by Parliament.

Lol funny i predicted no MiCA 2026 months ago. I am doing sound. This is another big failure from the Neobankers of GST BOD, Im sure someone poste the other day that Frhat said they wont be applying in another jurisdiction lol. Anyway clocks ticking.

This is the VASP in its relaity * Grandfathered Polish VASPs like Finferno cannot lawfully provide crypto-asset services (e.g., transactions) in other EU member states during the MiCA transitional (grandfathering) period. They are generally restricted to operating only in Poland.

Key Reasons (as of 29 December 2025)

* No EU Passporting for Grandfathered Entities — ESMA explicitly states that entities operating under national transitional regimes (grandfathered VASPs) do not benefit from MiCA's EU-wide passporting rights. Passporting is only available to fully authorized Crypto-Asset Service Providers (CASPs) under MiCA.

* Cross-Border Limited to National Laws — Cross-border services are possible only if explicitly permitted under the pre-MiCA national laws of both the home state (Poland) and the host state. Poland's pre-MiCA VASP regime (AML-focused registration) did not provide cross-border rights, and most host states do not allow foreign grandfathered providers without full MiCA authorization.

* Fragmented Transitional Periods — Many EU states have shorter grandfathering periods (e.g., ending in 2025), and ESMA prohibits grandfathered entities from serving clients in states where transitional rules no longer apply or are restricted.

* Poland-Specific Context — Due to legislative delays (including the December 2025 presidential veto of the implementing Act), Poland applies the default 18-month grandfathering period until 1 July 2026. This allows continued operations nationally in Poland for pre-30 December 2024 VASPs like Finferno, but does not extend cross-border privileges.

ractical Implications for Finferno/GS Fintech

* Services can continue in Poland under grandfathering until July 2026 (or earlier if a CASP application is processed).

* To transact or serve clients anywhere else in the EU, a full MiCA CASP license is required (applicable in any member state with an operational framework, enabling EU-wide passporting).

* Targeting clients outside Poland without a CASP license risks enforcement actions (fines, blocks, or bans) in host states.

* 


At least bake lights stay on x;) but cannot serve its DACH clients with the Poland VASP

Travelling today I Dont know what the celebrations are tbh........with all this optimism and shoo ins that we were told from the BOD and bake etc the license for the MiCA app is now a confirmed complete failure in LT, and now have 6 months in Poland to find another way with more hype more expense to obtain MiCA. Lets see if they make any public RNS about the Mica app 2nd Jan, lol confirmed sheet show

That the real news today. Sure ill be sweet by the 5th Jan

Instrument: GST.L (GSTechnologies Ltd - LSE)

Trade - Open Short Position

Date: 3 January 2025

Action: Sell Short (Borrow & Sell)

Quantity: 500,000 shares

Entry Price: 3.30 pence

Value: £xxxxxxx credit (proceeds from sale)

Trade 2 - Open Short Position

Date: 24 December 2025

Action: Sell Short (Borrow & Sell)

Quantity: 500,000 shares

Entry Price: 0.435 pence

Value: xxxxxx (proceeds from sale)

Still reckon we going to .20 FWIW