Member Info for Lloyd88

Yes he has billy, they are an interesting read.

It says on there they bought bake for $150k dollars

The gs fintech Ltd uk business is currently applying for a API license, this business operates via stable coins so im expecting an announcement regarding an application to the new Stablecoin sandbox very soon!

I care about his posts

Super mouse this I think is incorrect as if there was any notion that mica wouldn’t be achieved by year end then they would have implemented a wind down plan. But I’ve been told there is not wind down plan so they must be expecting a positive result by the end of the year.

I do believe December is going to be epic

Well I think when they said regular updates now this has something to do with it.

Since inception, GS Money reserves have been bound by our disclosure obligation to the public as a main market listed company on the LSE. These rules, and GS Money’s standards, are designed to protect consumers and ensure 1:1 dollar liquidity. To give the market additional reassurance beyond the fact of the conduct of a listed company, we plan to consistently and voluntarily published monthly independent third-party attestations as to the sufficiency of the GS Money reserves.

They simply wouldn’t have created that new website if it wasn’t going to be part of this, get ready for some massive news!

Https://www.fca.org.uk/firms/innovation/regulatory-sandbox/stablecoins-cohort

This is it people, applications open for stablecoins in the uk from today!

Https://www.fca.org.uk/news/speeches/fcas-approach-regulating-cryptoassets-stablecoins

This is why they have a press and media page on their website I recon!

D we are announcing today the launch of a stablecoin-specific cohort in our Regulatory Sandbox. It will support stablecoin issuers in testing UK-issued stablecoins, while also helping us test our policy proposals in an agile fashion. It’s a unique chance for innovative firms to test their stablecoin products and services under the UK’s evolving regulatory regime, potentially driving new ideas to benefit both wholesale and retail customers.

This truly is a very exciting and groundbreaking initiative.

It supports agile policymaking and industry development, and gives firms the unique opportunity to provide us with practical feedback.

Applications open to firms today and run until 25 January. And to show our intent, we have our first successful entry. A major firm has been accepted and is gearing up for testing in the next couple of months. We e will support them as they test their GBP stablecoin for payments in another world first.

Https://www.linkedin.com/posts/financial-conduct-authority_crypto-fcagrowth-financialregulation-activity-7399494934002561024-5z8A?utm_source=share&utm_medium=member_ios&rcm=ACoAAA14B6sBmUhlxaT6WTbVh0wot7yz9vfblXA

This is massive !!! Stablecoins sandbox, is this was GST has been preparing for???? Im mega excited about this!!!

You heard it right

$29.5 million dividend payment

Hosp got his balloon payment before her sold via a dividend of $29.5million dollars!

Bdsm it’s not GSTs accounts, these are the accounts from cake Pte Ltd when Julian hosp owned them all the way up to when we bought the business, so figure mentioned where revenue and profit figures/purchase price up to the end of 2024 and we took ownership beginning of January’. But it does paint the picture of how it was performing all the way up to before we owned it. The accounts themselves are incredibly late and Julian even asked for an extension from ARCA so not sure if the information in them was part of a delayed plan but they are out as of today.

You have to buy the accounts from ARCA

Buy*

But the accounts Zag

The operations they bought according to the auditors report contributed a ‘significant’ proportion of the revenue, so I’m expecting some good numbers in the interims!

Worth paying for