Tagged: e-money

January 21, 2020 @ 3:00 am By JD Alois  |  

Monerium, a licensed e-money issuer will be utilizing the Algorand blockchain protocol to provide fiat currency transactions, according to a company release. Monerium is registered in Iceland and is authorized by the Financial Supervisory Authority of Iceland. The company received regulatory approval last June. The… Read More

December 23, 2019 @ 10:37 am By JD Alois  |  

The Monetary Authority of Singapore (MAS), the securities regulator for the country, has commenced consultation on “E-money and digital payment tokens (DPTs).” Singapore is a well-recognized Fintech hub. Financial innovation in the country has been aided by the explicit support of policymakers including the leading… Read More

October 31, 2019 @ 10:47 am By JD Alois  |  

Digital asset custody platform Koine has been granted authorization for the issuance of electronic money (EMI Licence) by the Financial Conduct Authority (FCA). Koine added that it has selected the UK as its “jurisdiction of preference” when it comes to a regulated market and that… Read More

September 25, 2019 @ 3:35 pm By Samantha Hurst  |  

Checkout.com, a global payment solutions provider based in the UK, announced on Wednesday has been awarded its E-Money Institution license in France by the Autorité de Contrôle Prudentiel et de Résolution (ACPR). Checkout.com reported that with the license it will be able to issue, manage… Read More

January 13, 2019 @ 11:14 pm By Samantha Hurst  |  

Iceland-based fintech startup Monerium announced on Friday it secured $2 million through its latest seed funding round led by the Nordic VC fund, Crowberry Capital, with the participation of NY-based blockchain software technology company, ConsenSys, and Hof Holdings. The funds from the round will be used to issue… Read More

April 10, 2017 @ 5:07 pm By Samantha Hurst  |  

Independent financial advisory organization, deVere Group, announced on Monday it is launching its new global e-money app, deVere Vault. According to deVere Group, the debut of deVere Vault has been facilitated by the company receiving its e-money banking license. While sharing details about the new app, Nigel… Read More