RE: Value of regulatory certs26 Jan 2022 09:48
GST bought a an Eastern European based Crypto Registered business for 30k Euros. They got a bargain as it costs £300k to do it at London labour prices. The emoney licence needs a capital set up as well as expertise. IMO, £4 to £6 million plus ongoing compliance costs. The problem MODE have is that the management are not monetising it fully ie clear business offering such as BTC treasury for business, more coins, multicurrency payment transfers such as that offered by CSFS etc. OK, they have payroll but come on! That is not where the immediate big money is. Management do not have a strong vision after achieving their compliance objectives which has punished everyone.