Member Info for Lloyd88

Next week is going to be a really good week

Yes I believe so, next week will be a big week imho, leading up to the closing of applications for the stablecoin uk sandbox. I think it will be exciting and news on that will be most welcome, along with a podcast or interview to really get the word out.

Hi Chaebol, the current list of EMI approved businesses are below

https://view.officeapps.live.com/op/view.aspx?src=https%3A%2F%2Fregister.fca.org.uk%2Fservlet%2Fservlet.FileDownload%3Ffile%3D015b0000006CWmx&wdOrigin=BROWSELINK

there are a lot of firms smaller than us who are either the same size or smaller than us that have been approved in the last 6 months.

https://find-and-update.company-information.service.gov.uk/company/15660845

plum newco limited is one that has been added, while it is owned but plum fintech a much larger business. The EMI was granted to Plum newco ltd.

I dont think the EMI is out of reach, Finseta also have one issued and maintained from 2019 and they we able to hold onto that even through their turbulent times prior to the new CEO coming in.

A uk EMI isnt easy to get, well nothing when it comes to the FCA is easy to get, but i believe the business having had lots of communications with the FCA for many years will be more intouch and understanding on the FCAs expectations than that of the EU/MICA.

Yes I believe that after the sandbox they would need an EMI but the regulations for issueing stablecoin haven’t been finalised yet so it’s not certain and can only be speculated. Stablecoin regulation in the uk should be good to go end of the year. But entrants into the sandbox will help shape the stablecoin regulation in the uk.

They can in a sandbox via a tested regulated environment.

I think you will be probably be proved wrong there chaebol, I believe we can almost be sure this month will see arbitration RNS and stablecoins, not sure what else but they will no doubt boost the sp.

Anyone seen this fella before

Check out James Lorenzetti’s profile on LinkedIn

He is head of product development for GST based in the USA?

It was clear this drop was temporary to me. Jan 2026 has too many catalysts

The buying is ferocious

There will be massive buying today that’s for sure

A MICA would mean they wouldn’t need to use NUVEI but I’ll be honest it’s expensive to operate under a MICA so I don’t even understand why we went for it when bake is as small as it is at the moment.

Yes because they can do their business through NUVEI which has a full MICA license

Chaebol they can do their business through NUVEI which is why accounts are moving jurisdictions.

Mica is done, take the hit today/this week. Next month is going to be a very different story.

I think they are using NUVEI to continue business across the whole of the EU. They will be able to continue as normal

I don’t think it will be as bad as people say as they have confirmed bake will continue as normal. But it will hurt a bit

Well that’s the news out. Take the hit and move on with a good news flow from Jan 2026. I’ll be honest I didn’t think mica would pull through but just glad there was a plan B

Renan has messaged me in support and said bake will still be operating tomorrow and will be sending out a communication to users later on today.

Nero

If this website doesn’t have uk stablecoin sandbox application all over it I don’t know what does

https://gsmoneyweb.caliber.com.sg/contact.php

Bring on end of Jan

The difference imho here is that the FCA have said the sandbox closes on the 18th of Jan and an announcement will be made after regarding successful candidates, so we have an actual timeline. The last 6months we have only been able to assume dates. We done now have dates in the very near term for imho good news. Let’s hope the BOD pull off the Stella 2026. My hope is that we see some institutional investment after sandbox or even after if we are luckly enough to get even MICA.