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Mike
As I mentioned was it a statement or a question as there was a ? At the end of his reply. He said Binance is on their radar. There was nothing about an RNS today he said read the corporate updates especially the last one regarding Coalculus.
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Mr Jack Bai, Director of Wise MPay, said, “Our vision for Coalculus is to create a globally-trusted financial transaction facilitation platform, but our initial focus is between ASEAN (Association of Southeast Asian Nations) countries, Hong Kong and Australia. Our framework is a convergence of public and permissioned blockchains developed on the simple idea that organizations should be able to quickly and easily implement new financial services and leverage the benefits of blockchain
1: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.
2: the establishment of GS Fintech Singapore forms part of the first stage in our planned expansion into areas utilising blockchain technology
3: GS Fintech Ltd, in UK, intends to shortly file an application with the Financial Conduct Authority ("FCA") to be granted an Authorised Payment Institution ("API") licence. Should an API licence be granted it will provide the Company with the rights to connect to established payment gateways and commence a remittance business in the UK, which the Company intends to underpin by blockchain technology and its existing capabilities.
The term synergistic is derived from synergy, which refers to the benefit that results from the merger of two agents who want to achieve something that neither of them would be able to achieve on their own. The term is mostly used in mergers and acquisitions (M&A), where two companies merge to form one company that can generate more revenues or streamline the two companies’ operations and save on costs.
Enjoy the rest of your weekend Zag, it was a great RNS and one I will read again as there's a few areas of growth mententiond I want to research further. No doubt the SP may take a hit today but I will top up if it does
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