RE: Cant wait until £2.5030 Sep 2024 18:28
Remember we have been under the wing of the FCA with a case officer assigned as far back as June 2023.
"Under the FCA Innovation Pathway programme, the Company will be provided with a dedicated FCA case officer, with a comprehensive range of support services, designed to assist GST to further develop the appropriate path for the progression of its stablecoin plans. This may involve a future Regulatory Sandbox application or preparation for regulatory authorisation without the need for supervised testing."
and recently, the April 24 Corporate Update- there are many ways to skin a cat;
"In addition, the Company is exploring further value enhancing acquisition opportunities that can assist with accelerating the development of the Group as it focuses on developing a borderless neobanking platform providing next-generation digital money solutions. Further announcements will be made in due course, as appropriate."
We should be one of the first applicants for DSS with Wellesley as The MLRO and the FCA case officer assisting us.
If the anally retentitive FCA don't speed things up , I see our BOD concurrently getting approval for stablecoin use in our GST system, elsewhere. We are based in Singapore and they seem to be hot on the case.
Here's to megabags and soon. 5p by end November on news of closing acquisitions by then. Both EasySend and Bonfirepay will increase our profile and revenue.