Comment by
stormnp on Oct 06, 2021 1:16am
Now I started to understand. Huobi got shut from chinnese market, forcing them to expand into Europe for their growth. that is why they need Revo and its license in Europe. The china ban actually benefits REVO. Does Revo has licene in Middle East or South East Asia? Can;t recall. If they can get the American license that would be another major break through for money transfer.
Comment by
Jaytee123 on Oct 06, 2021 8:44am
Yes, we have already applied for the MEASA PSIP license out of Dubai, shouldn't be too much longer. Eventually China will allow these entities to come back, they just want their tax dollars and regulations....
Comment by
BayStRising on Oct 06, 2021 11:37am
Dubai is becoming major financial hub for trading so that's a great expansion. They are looking at Switzerlands success and thinking how to replicate it for that side of the world.
Comment by
stormnp on Oct 06, 2021 12:05pm
It seems Huobi has European customers at the moment. Why do they need REVO now not sooner? to expand into more European markets?
Comment by
Jaytee123 on Oct 06, 2021 1:28pm
For cash outs.... crypto to fiat. Their app will be a white label of our RevoluEX platform, with credit card cash outs being a part of it as well.