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Bullboard - Stock Discussion Forum RevoluGROUP Canada Inc V.REVO

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 > Dubai license : RevoluPAY
View:
Post by Jaytee123 on Aug 05, 2023 8:45pm

Dubai license : RevoluPAY

Investors need to note that Binance's crypto license is not the 3C financial license that REVO has applied for.  

But, Revo needs 2 missing pieces in order to be granted that license which will include all crypto storage and processing privileges, as well as RevoluFin division startup.  

1) a director based in Dubai (hmm who could that be?)
2) $500,000 fee

meanwhile, REVO's licenses would resolve the Mica issues these DCE's are having. 500 DCE's in the world, many won't survive these regulations.  

https://fortune.com/crypto/2023/07/31/binance-dubai-operational-mvp-uae-changpeng-zhao-cz-international-pullback/amp/

Comment by Jaytee123 on Aug 05, 2023 10:26pm
Like many "it won't happens", this is just another item that WILL happen.  
Comment by Jaytee123 on Aug 05, 2023 10:30pm
Revo isn't going to be anything but a fintech company, which is what has been built with a great foundation from the building phase by Steve and company.    Now we need to be integrated into a large userbase like a DCE. 
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