MAS PSA licence regulates the provision of crypto (also referred

Question

MAS PSA licence regulates the provision of crypto (also referred

to as Digital Payment Token within the Payment Services Act) within Singapore only. We do our business globally either via:
1) Partnerships with service providers with licences - example: we enable traditional payment companies with crypto acceptance capabilities
2) Investment into companies with licenses which we can then onboard those relevant jurisdictions' client base
3) Acquiring licences ourselves

The institutions that we work with such as card acquirers, remittance partners, local payment channels providers etc. are all licensed and regulated by authorities around the globe. They do their due diligence on us to ensure we are compliant in the services we provide so how can we possibly conduct our business without being licensed?

John Tan ~ CEO of Alchemy Pay

Please do not spread wrong information related to regulatory issues without understanding the regulatory landscape in the payment space

#ach #alchemy #cryptocurrency #english

0

06.01.2022

3 ответов

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Aytac Acar

Thank you Asat 👍🏽

0

06.01.2022

Tom Staelens

ah, the response I was looking for. Thanks John Tan. confident now

0

07.01.2022

Silent Juggernaut · Accepted Answer

Silent Juggernaut

I don't think I could ever be more bullish on ACH than I am now based on this response. Not because of the obvious partnerships due diligence but more so because of the #2 reason... This is huge in my opinion...

0

06.01.2022

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MAS PSA licence regulates the provision of crypto (also referred

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