Noewe, Response, MiCA and regulation4 Sep 2025 09:50
We are waiting MiCA approval and regulatory adherence. Cut and pasted from various rna's.
These are massive and I anticipate a live functional GS20 fully integrated. They have enlisted support from bith Response legal and Noewe.
Also Angra ltds aim to target 2000 uk small businesses, Angra in Europe, surely imminently, easysend hasnt been written off entirely also
Angra in Asia, maybe.
Then semnet.
The Group remains committed to creating value across its various businesses and looks forward to providing further updates as the various strategic initiatives are progressed.
The Group's developmental roadmap for its digital asset business has been further progressed, including the consolidation of backend systems between Bake and the GS20 Exchange. The Company is also actively developing new product features on Bake to expand its service offerings for both retail and institutional clients. These developments are on track and will be rolled out in due course.
The Company has also appointed Response Legal to assist in securing a Markets in Crypto-Assets (MiCA) licence. The Company is confident in achieving a positive result, expected in the second half of 2025, further strengthening its position in the European digital asset market.
the GS20 Exchange has recently engaged Noewe UAB, a Lithuania-based professional services firm. This partnership aims to align GS Fintech UAB's financial year-end reporting with the Group's 31 March year-end. Additionally, Noewe UAB will provide guidance on regulatory compliance expectations through 2024 and 2025, which will be invaluable in ensuring regulatory adherence is maintained and supporting GS Fintech UAB's ongoing growth.
Angra is actively targeting over 2,000 UK-based Small Payment Institutions ("SPIs") as part of its growth strategy. This targeted approach aims to build a larger UK-focused client base for the company. Through these efforts, Angra is seeking to enhance its footprint in the UK market, capitalizing on rising demand for reliable and efficient foreign exchange services among SPIs.