RevoluGROUP Canada Inc. Granted Central Bank Cryptocurrency EU Registry Inscription – Lopoid Crypto News

RevoluGROUP Canada Inc. Granted Central Bank Cryptocurrency EU Registry Inscription – Lopoid Crypto News #RevoluGROUP #Canada #Granted #Central #Bank #Cryptocurrency #Registry #Inscription #Lopoid Crypto News Welcome to Lopoid

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Vancouver, BC , Aug. 03, 2022 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Company”) is happy to announce that on the threerd of August 2022 the Central Bank formally granted the Company Inscription approval as one among Europe’s first approved Crypto Stored Value and Crypto Trading entities. The approval is awarded at a time when EU regulators mandated sweeping DCE and Crypto rules in July 2022. The Central Bank’s focus with registry Inscriptions is to make sure categoric compliance with all worldwide provisions of AML standards, in addition to the prevention of cash laundering and the financing of terrorism. The Company’s RevoluEX platform has demonstrated that, even earlier than the now mandated KYC and AML necessities, it preemptively adhered to and complied with each regulatory aspect, leading to right this moment’s approval.

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First Mover Status Established

To the Company’s information, RevoluPAY is the primary Pan-European 27-country
licensed monetary establishment to equally receive the Central Bank Crypto Stored Value and Crypto Trading Registration in compliance with legally binding Pan-European MiCA rules. From right this moment the distinctive mixed potential of RevoluPAY to transact as each the licensed Sovereign Currency (FiAT) monetary establishment and Central Bank acknowledged crypto operator is predicted to garner substantial consideration in a Crypto trade that peaked at USD 2.9 trillion in November 2021. Time is working out for DCEs, for the reason that EU Commission granted the European Securities and Markets Authority (“ESMA”) new and far-reaching powers to systematically ban, outright and in a single day, any non-compliant actor within the crypto sphere. As of right this moment’s information, any DCE wishing to adjust to any and all present rules instantly want merely both white-label the Company’s RevoluEX expertise or, by way of a contractual settlement, transit all transactions by way of the Company’s monetary banking licenses uniquely boasting the extra Crypto Stored Value and Crypto Trading authorized Registration making certain full end-to-end compliance.

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The Scope of Today‘s Crypto Regulatory Milestone

Many DCE crypto giants urgently seek to maintain growth while gaining obligated regulatory legitimacy amid fears of real and present global regulation. RevoluPAY now provides a venerable regulatory solution for DCEs to remain entirely compliant on all sides of an eventual crypto trade. Namely, the bilateral Fiat currency component, KYC (“Know Your Customer”), and AML (“Anti-Money Laundering”) plus the Stored Value and Crypto Trading elements. Furthermore, the Company’s proprietary RevoluEX expertise is plug-and-play, having completed all aspects of API integration, permitting a fast turn-key answer. RevoluEX is out there as an API included into present DCE platforms or stand-alone white-label deployment below any model or DCE brand described within the current Market Herald article. Further distinctive worldwide regulatory advantages obtainable to DCE companions are the RevoluPAY United States MSB, Canadian FINTRAC, and European PSD2 fee establishment 6900 monetary talents native to our monetary expertise. Furthermore, yesterday’s launch of RevoluTRANSFER now permits future DCE companions to transact bilaterally as on/off ramp as much as 3 million USD for a single transaction.

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Links Used on this News Release.

EU 27 Country Financial Licenses – https://tinyurl.com/ycyat7j3

RevoluPAY EP S.L Banking Registration – https://tinyurl.com/4jmtke6b

RevoluEX – https://revoluex.com/

Market Herald article 12 Dec 2020 – https://tinyurl.com/mr3kz68u

RevoluTRANSFER – https://revolutransfer.com/

About RevoluPAY®

The Company’s flagship Neobanking expertise is RevoluPAY®, the Apple and Android multinational fee app. Conceived solely in-house, RevoluPAY options proprietary, sector-specific expertise of which the ensuing supply code is the Company’s mental property. RevoluPAY’s built-in options embody Remittance Payments, Forex, Crypto-to-fiat change, Retail and Hospitality funds, Real Estate Payments, pay-as-you-go cellphone top-ups, Gift Cards & Online Credits, Utility Bill funds, Leisure funds, Travel Payments, and many others. RevoluPAY employs blockchain protocols and is squarely aimed on the worldwide multi-billion greenback Open Banking sector and + $595 billion household remittance market. RevoluPAY® is operated by the European wholly-owned subsidiary RevoluPAY EP S.L located in Barcelona. RevoluPAY is a licensed United States MSB, Canadian FINTRAC, and European PSD2 fee establishment 6900 below the auspices of E.U. Directive 2015/2366 with EU Passporting. RevoluGROUP Canada Inc. controls 5 wholly-owned subsidiaries on 4 continents.

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About RevoluGROUP Canada Inc.:

RevoluGROUP Canada Inc. is a multi-asset, multidivisional publicly traded Canadian Company deploying superior applied sciences in; Banking, Mobile Apps, Money Remittance, Mobile Phone Top-Ups, EGaming, Healthcare Payments, Esports, Invoice factoring, Online Travel, Vacation Resort, Blockchain Systems, and Fintech app sectors. Click right here to learn extra.

For additional info on RevoluGROUP Canada Inc. (TSX-V: REVO), go to the Company’s web site at www.RevoluGROUP.com. The Company has roughly 189,607,876 shares issued and excellent.

RevoluGROUP Canada, Inc.

“Steve Marshall“

______________________
STEVE MARSHALL
CEO

For further information, contact:
RevoluGROUP Canada Inc.
Telephone: (604) 332 5355
Email: [email protected]

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NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements on this launch, apart from statements of historic details, that handle occasions or developments that administration of the Company expects, are forward-looking statements. Although administration believes the expectations expressed in such forward-looking statements are primarily based on cheap assumptions, such statements aren’t ensures of future efficiency, and precise outcomes or developments might differ materially from these within the forward-looking statements. The Company undertakes no obligation to replace these forward-looking statements if administration’s beliefs, estimates or opinions, or different components, ought to change. Factors that might trigger precise outcomes to vary materially from these in forward-looking statements, embody market costs, exploration and growth successes, continued availability of capital and financing, and basic financial, market or enterprise situations. Please see the general public filings of the Company at www.sedar.com for additional info.

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