not Cyrus but since she worked 5 years for the Legal Division of the French Financial Markets Authority i assume she knows exactly how the rules works. Also SB has AML KYC and 2 european Licenses https://twitter.com/swissborg/status/1666821821256327170?s=20
All fine. This was just fyi as this news relating to Swiss based service providers (pocket btc) in connection to services offered to the German market in particular. Of course SBs setup might vary due to Estonian framework etc. but imteresting though to know what is going on. That’s all. No intention to blame anyone
Even same feelings here. I just don't know what's going on and where the team is looking. Just that the products are not useful anymore and swissborg is just raising more and more money by launching new investment programs without any return vision
what u mean new investment programs? There has been 1 in Swissborg holdings, now I can be a sharehodler for real. Second is in XBorg that I'm up like 6x based on jst the NFTs. These alpha and early invests are part of the welathmanagement essence.
Yeah, it's for sure interesting, but on the other side, it's also expected to a certain level. Special since MiCA and that's something SB has on the screen as an example, they know that SB can't make advertising in Germany, not sure if that was something Pocket did. If you take Estonia as an example, they said that only 10% of the existing license owners got renewed, which means that there are 90% of companies like Pocket that lose access to the European market, and if they continue the business, they would get into legal trouble.
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