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Thus is what it's all about, not the exchange, or the exchange will be facilitating this. For individual customers just now but soon for the masses, small private fx amounts to big business. There may have to be raises although they did say that they didn't want further dilution.

Back in 2021 API licence delay from FCA bypassed by acquiring ANGRA however conditional acquisition in Oct, update rns in Nov only for it to go through in March 2022. Then sandbox application and we all know how tardy that was. At some stage this global entity will be open for business, hopefully with UK and Singaporean authorisation for a start. I think you may be right Lloyd and AHS, straight to authorisation although I am not aware if any firms who have publicised their application as yet.

Semnet will be 8 weeks tomorrow week and easysend 8 weeks tomorrow. Semnet completion was to be in 2 months, no date stipulated for easysend but its got to be soon.

Maybe the seller has completed his selling.

Positivity poll.

Range -10 to + 10.

I'm about + 6.

Yes but I think Tim Metcalf replied in an email to someone back befire the sandbox decision, something to the effect that the fca didn't want information regarding the process being publicised.

I guess they are adhering to this and quite rightly so. Entry into the digital securities sandbox may be a game changer, speculative v growth. This would be an up to 5 year collaborative fca,boe,gst undertaking with legislative tweeking whilst live presumably with gs uk coin approved. This is such a big entity that we will be told when it happens, not before.

Yes I would like to know are Pinset Masons still advising? Druces logo is on their website. Don't see any media from Pinset.

Australian office, what's the plan there.

Tree of life needs updating, website needs updating, they still have an aim to own a data centre?

GS20 volumes and where we are at wrt roll out, some pr and indication of customer numbers, completion of rollout, I agree some news would be appreciated.

I'll second that AHS. This isn't optimistic thinking but realistic projection.

Great input and research goodlife and Lloyd88. Wouldn't it be great if they had a wide offering of apps like modi.global which is 800 max to gsend, angra app, maybe they will have a load of apps all doing the same thing etc etc as well as the corporate usage of wallets and fx. Every day without an rns is worth it for the anticipation of what's to come.

Good effort lad

Jan 2021

Establishment of UK Subsidiary

GSTechnologies Limited (LSE: GST), the integrated information and communication technology infrastructure solutions provider, is pleased to announce the establishment of a new wholly owned subsidiary in the UK, GS Fintech Ltd ("GS Fintech") as the first stage in the Company's planned establishment of a blockchain focussed business unit.

GS Fintech's initial directors will be the Company's Chairman, Tone Goh and recently appointed Executive Directors, Jack Bai and Shayne Tan. GS Fintech has been established to help facilitate the Company's planned expansion into blockchain related technologies and services, particularly in the financial sector. It is intended that GS Fintech will apply to the Financial Conduct Authority ("FCA") to be granted an Authorised Payment Institution ("API") licence in due course.

GStechnologies have done what they said.

FCA took forever with independent api licence, angra acquired with its api.

Glindala and Lithuanian exchange.

Sandbox aspirations, Pinset Masons brought on, we all know how that went but in fairness I can see that FCA are getting it right with respect to security and the innovation pathway must be massively beneficial.

Amaris collaboration (AI and Middle eastern links), Vimlogy, Angra global.

We are waiting for GS Money, GSend, GS20 exchange.

With all this happening I can only recall 2 interviews Sunday roast and proactive.

They have come a long long way, Foundations in place, exciting times from that RNS Jan2021

19 firms have applied. Who knows if GST have. Hopefully yes they have some time ago. Will approved firms be announced tomorrow ??

Pivotal moment. Is the security, kyc etc good enough to satisfy fca,boe & uk gov for approval of unhoasted wallet with respect to money laundering concerns. I'd like to think in a digital sandbox situation, it would be.

Hsbc mcap 121B, 19B shares in issue at 630 p.

GST. mcap 25m, 2B shares at 1.3p

I'm for the underdog with the wallet, the fx, the exchange, 4 stablecoins for the masses but also the bespoke p2p, b2b business angle with bases in Canada, UK, Singapore, ? HK, ? Europe/Lithuania ? Perth so far.

Would be timely for the FCA not to let this drag on.

Although it would seem undervalued wrt potential and I do appreciate value reflects true value that it's not really live yet.

Jeepers it's quiet, what's going on, no trades

Goodlife, they may be just holding news and pr staying quiet until the fca process completed. This shouldn't be long.

Thanks Jiffy and AHS. I take it as being potentially different to the previous sandbox where the testing would have been more offline with select customers then gaining approval.

I feel that this may mean approval gained alongside entrance into the sandbox with products all live with the addition of fca input over potentially 5 year whereby they, the FCA also use the products and sandbox to fine tune legislation.

'The regulations will empower qualifying financial market entities to engage as “sandbox entrants,” allowing them to undertake approved activities utilizing emerging technologies for a trial period of five years under adjusted regulatory conditions'

I do agree AHS that best case is to be approval and not to enter the sandbox and a further 6+ months delay. But this may be different and better.

We are over 24 weeks into innovation or 6 months on 30th Dec. Might be a delay to after 8th Jan until the digital sandbox goes through or gets signed off in parliament on 8th Jan. Of course the fca could be meeting before year end, but thats just a wishful thinking 'could'. A positive statement would be great, this digital sandbox seems different to the previous proposed sandbox testing over 6 months. This seems like its up to 5 years mutual working. Whats not to like, providing GST are included, don't anticipate they wouldn't be.

'The United Kingdom Financial Services and Markets Act’s provisions on a digital securities sandbox are scheduled to come into force in January 2024 after being presented to Parliament.

In a Dec. 18 publication, the U.K. government announced the Digital Securities Sandbox (DSS) regulations of the 2023 Financial Services and Markets Act, which were laid before Parliament, paving the way for crypto firms to test products and services in the country. According to the government, the regulations will take effect on Jan. 8, with the Bank of England and the U.K. Financial Conduct Authority operating the sandbox.'

Certainly a happy Friday feeling. 24 weeks today into innovations, improved uk sentiment, stronger looking GStechnologies with offerings and products for xmas, steady sp, potential abounds,

Bring it on

But Jack Bai is the director of vimlogy, he also founded Wisempay with Shayne and Coalalculus. Wisempays site hasn't changed in 3 years, don't know if there is much going on there. When all is live it would be good to have an interview to lay it on the table, what's what. Base in Singapore, Perth, Vancover. Lots to come

Rns team must have had a late night last night.