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Bullboard - Stock Discussion Forum RevoluGROUP Canada Inc V.REVO

Alternate Symbol(s):  MPSFF

RevoluGROUP Canada Inc. is a Canada-based multi-asset, multidivisional payment services directive 2 (PSD2) central bank licensed company. The Company is deploying advanced technologies in banking, mobile apps, money remittance, cross-border forex payments, mobile phone top-ups, e-gaming, healthcare payments, e-sports, invoice factoring, online travel, vacation resort, blockchain systems, and... see more

TSXV:REVO - Post Discussion

RevoluGROUP Canada Inc > It's not a license, it's a simple compulsory registration
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Post by TheREVOlution on Aug 03, 2022 11:01am

It's not a license, it's a simple compulsory registration

If you run your business out of Spain like Revo does and supply some type of service to the Crypto space, you MUST register to be able to legally do so in Spain.  Pretty simple and the other 27  EU member countries have their own requirements currently, just depends where you are running your business from. The usual Revo pump; try to make something out of nothing.
Comment by TheREVOlution on Aug 03, 2022 11:10am
Think of it as it's compulsory for every financial service Company in the United States and Canada  having to register with FinCEN and FINTRAC; 10s of thousands of Companies have as they MUST. The purpose of these registrations is so Countries can keep a close eye on money laundering or terrorism funding.
Comment by TheREVOlution on Aug 03, 2022 11:40am
You have to give your head a shake if you believe Revo is the only one registered in Spain.  Revo is the only one that has to make a big splash over something so simple as a registration though; most mature professional Companies just consider it a small part of the process to doing business.  The registration process in Spain started back in April 2021 and just imagine all the other ...more  
Comment by TheREVOlution on Aug 03, 2022 12:35pm
It's called desperation pump time Ubetiam
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