Member Info for Sparky21

Matt 6k

Don’t think that’s out the question but MiCA is EU only. Can still operate in other continents.

Let’s not forget we only bought Cake/Bake January 2025 and then by the time the BoD spent doing all the onboarding stuff they were then tasked with looking into MiCA which has been a minefield to say the least and probably required more time before hand to understand what was required.

I can’t see July 1st 2026 being the if you don’t have a licence you can’t operate full stop, what about the new players that will come over time that need a MiCA licence. I did post a article the other week about polish VASPS piggy banking of authorised CASPS to give them 12 months to then go back and get their own CASPS MiCA licence.

I did also say back in December after a call with Wellesley that the Semnet case was cut and dry. Be good just to get a settlement figure now and move on!

Although the settlement figure would be most welcome to know…

Bigger picture here for semnet is are we proceeding with the Nasdaq listing and an update on the government contract they were pursuing.

Given TDTH have won’t numerous contracts with African governments recently then I believe the Nasdaq listing is still on but hopefully we get some news of that in the coming weeks!

Before we go jumping the gun here Rabbit could be right, he could have meant his journey at Bake is coming to an end.

Looks like a former colleague has asked the same question on his LinkedIn.

GST are advertising for an application developer role to work across the group which is encouraging, be hard to employ people if we were dead in the water.

Ferhat Forat posted this on LinkedIn today

Today marks my last day at Bake.

Over the past years, I had the opportunity to work across community management, communications, social media, and customer-facing operations during some of the company’s most challenging and transformative periods. I’m grateful for the trust, experiences, and the many great people I had the chance to work with along the way.

While Bake’s journey is coming to an end, I’m excited for what’s next. Moving forward, I’ll be focusing on freelance work as an independent professional, helping businesses with communication, social media, websites, design, and digital presence.

A new chapter begins. 🚀

Would assume an RNS tomorrow if Bake is no more

Good to see GST still recruiting. Application developer role come available!

Hopefully something brewing

https://www.linkedin.com/jobs/view/4416397861/

Kat

See post yesterday from FCA on Uk stablecoin

https://www.fca.org.uk/news/press-releases/fca-and-bank-england-set-out-shared-vision-tokenisation-uk-wholesale-markets

Zag

I agree, it is pathetic and I have a hunch as to how they are progressing with MiCA. With so many arms to the business I am staggered with the lack of updates.

But I think there solely focusing on getting MiCA over the line!

Either way 2 months and we’ll get an update on that! GST sole focus has to be the first stablecoin issuer listed on the London stock exchange so let’s hope they are still working to that! Money has been raised over the years to get this done so I’m hoping this year there is good news on that front.

GSmoney.net website back to displaying “coming soon” but was worked on all weekend.

Now gsend.co.uk looks it’s down as well as the kycapp.gsmoney.app

Must be getting some sort of update in the next week or two 🤞🏻

The www.gsmoney.net website still displaying the same message as the other day and I think this is being tested. The last two MiCA authorisations (new rail and UAB Blue) in Lithuania also had EMT & CASP approvals as well so maybe that GST are going for CASP and EMT which would be huge.

Could be a reason with Lithuania of doing it this way but hopefully we’re not too far away from finding out

Brilliant news! Fantastic

Gonna celebrate and buy another 10 shares

Enki

I think Semnet will be massive once this arbitration/court case is resolved. Governments around the globe will need cybersecurity due to geo political tensions and they’re well placed.

If Bake doesn’t get MiCA it won’t operate in EU but can still operate elsewhere so its nots completely dead. We only kept 12 key personnel of staff when we brought the assets of Cake and to my knowledge there hasn’t been a mass exodus which means they’re not winding down completely, they also haven’t given up on the MiCA application so they must be getting some guidance on how to get it over the line.

Still all to play for here.

Crypto

Money remittance

Cyber security

FX

Lots happening

Leew spot on. Same been happening with another stock I’m in. 4 trade buys and 2 trade sells for the last few weeks immediately after big buys/sells.

Acting like a spoilt brat because the share price has gone up

Semnet -

• settlement from the court case.

• pursuing government contracts (TDTH have been securing blockchain contracts with African governments and given the CEO of TDTH is also the CEO of TGC would assume some links there

Angra -

• Brazilian office that’s opening.

• must be something due soon around Metapay

•EMI licence approval

GS fintech / Bake

•MiCA application (July 1st is the deadline)

•GS20/Bake front end to be developed. Assume once above is confirmed should see that rolled out.

Corporate update very much needed

No Twiggy, you would get a different browser page.

I would definitely say work is going on… what that means I don’t know but encouraging to see none the less.

Looks like gsmoney.net and bake.exchange are being worked on.

Could be progress on both fronts but good to see things are still being worked on even though we’re is a death spiral …

Paybis - A polish VASP has obtained its MiCA through Bank of Latvia today.

Hopefully were not to far away now either 🤞🏻

The blokes an absolute helmet.

Guessing the a** licking chef has also disappeared on holiday with him.

Was just about to say looks like it might be on the move again

MiCA is huge. If we can get that then this would do 100-200% in a day. 7 weeks to go.

Whether it’s Lithuania, Latvia or Malta we need to get it over the line!

I’m also quietly hoping for an Arabian acquisition in the coming months. Lots of growth expected in the coming years.

Merv n Zheng AKA the wet bandits are surrendering all

I can assume.

Be more than happy if it’s MiCA approval on the horizon.

Well overdue this blueeeee day