🌐 Legal & Regulatory Update: Seychelles Introduces Virtual Asset Service Providers Bill 🚀 Seychelles steps up financial security with the Virtual Asset Service Providers Bill, regulating its virtual asset market. Key provisions include licensing requirements, cybersecurity standards, registration of ICO and NFT promoters, and AML/CFT compliance. Our Legal Counsel, Jonathan Tsang has provided a deep dive into this latest development and how this might impact businesses like RedotPay. Read more: https://lnkd.in/gtaXXWXk
About us
We are a crypto payment company based in Hong Kong. Our mission is to enable crypto users to use crypto currencies in daily transactions like fiat currencies, reduce overall transaction costs through blockchain technology and help unbanked gain access to financial services and promote greater financial inclusion and economic prosperity.
- Website
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https://www.redotpay.com/
External link for RedotPay
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Hong Kong
- Type
- Privately Held
- Founded
- 2023
Locations
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Primary
Room 5710, 57/F, The Centre, 99 Queen's Road Central, Central
Hong Kong, HK
Employees at RedotPay
Updates
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We are thrilled to announce that we are enhancing our KYC/AML screening capabilities through the integration of LSEG's World-Check Intelligence platform. This integration enables faster risk identification and elevates customer due diligence, ensuring robust regulatory compliance and a seamless onboarding journey. "This collaboration underscores our commitment to maintaining the highest standards of compliance and security. By harnessing the power of LSEG's renowned risk intelligence, we can improve our customer’s onboarding experience and ensure the integrity of our payment ecosystem." - Michael Gao, CEO & Co-founder of RedotPay. Read full story: https://lnkd.in/gUnvd7wK LSEG (London Stock Exchange Group) #Redotpay #LSEG #KYC #AML #Compliance
Redotpay Strengthens KYC/AML Screening with LSEG's World-Check Intelligence
redotpay.com
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🌐 Exploring Stablecoins: The Developments and Future 🌐 As the cryptocurrency market continues to evolve, stablecoins have emerged as a game-changer, offering price stability and bridging the gap between digital assets and fiat currencies. In this latest article, we delve into the developments surrounding stablecoins and provide insights into their future. 💼 Discover the benefits of stablecoins and impact on the crypto ecosystem. 💡 Gain insights into the most popular stablecoins 🌍 Explore how regulators are approaching stablecoin regulations. 🔮 Get a glimpse into the future of stablecoins and their potential role in the digital economy. Check out the article now: https://lnkd.in/ggkDfPsd
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As we step into the 2nd half of 2024, what are key developments and trends to watch in the crypto industry? Read our latest article and tell us your thoughts.
Top Trends to Watch in the Crypto Industry During the 2nd Half of 2024
redotpay.com
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🇪🇺 Significant Regulatory Development for Crypto Asset Service Providers: EU Extends Travel Rules and Mandates Compliance 🌍 The EU has extended travel rules to include all Crypto Asset Service Providers, with significant implications for the industry. Our Legal Counsel, Jonathan Tsang has revealed some key insights in the latest article: 🔒 Enhanced Compliance Requirements: Learn about the new obligations that crypto service providers must meet to ensure regulatory compliance. ⏱ Six-Month Implementation Timeline: Discover the timeline for implementing the mandated compliance measures, providing a clear roadmap for adaptation. Read full story for more: https://lnkd.in/gQ_SuhCY
Legal & Regulatory Update: EU Extends Travel Rules to all Crypto Asset Service Providers - Mandates Compliance in Six Months
redotpay.com
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Safeguarding cardholder data is crucial in the digital landscape. Discover the latest article on PCI DSS 4.0, the industry standard for security and compliance. 🔒 Learn about PCI DSS 4.0: Enhanced requirements and guidelines for top-notch data protection. 💳 Importance to the Card Industry: Safeguard data, ensure compliance, build trust, and set best practices. ✅ RedotPay's Commitment: Enhanced security, compliance, and trusted payment transactions. Read the full article here: https://lnkd.in/gqNCFhv2
PCI DSS 4.0: Elevating Security and Compliance in the Card Industry
redotpay.com
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🌍 Addressing Currency Inflation: Solutions With Crypto Cards 🚀 In this latest article, we delve into severe currency inflation, its impact, and how crypto cards provide solutions. 💥 Discover affected countries 🔍 Unveiling causes 💔 Impact on people 💡 Crypto cards' role Join us in exploring how crypto cards and payment could address currency inflation. Read the full article for insights: https://lnkd.in/g37yxZ8G #CurrencyInflation #CryptoCards #FinancialInclusion #Blockchain
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🔓 Unlocking Financial Inclusion: Empowering the Unbanked🔒 1.7 billion adults worldwide remain unbanked, limiting their access to financial services. In this article, we explore how crypto cards like RedotPay card can drive financial inclusion. 🌍 Discover the data: Uncover global unbanked numbers and top countries facing this issue. 💡 Unveiling Challenges: Learn about difficulties the unbanked face in payments and transactions, from limited financial mobility to risks of cash-based economies. 🚀 Crypto Cards: Revolutionizing financial inclusion, offer accessibility, cross-border transactions, enhanced security, and privacy. Join RedotPay in promoting economic empowerment and social inclusion. Read the full article to unlock crypto cards' potential in propelling financial inclusion. #CryptoCards ##Blockchain #FinancialServices #DigitalEconomy
Empowering the Unbanked: Addressing Payment Challenges and Unleashing the Potential of Crypto Cards
redotpay.com
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We are delighted to have a small milestone to celebrate as we enter the second half of 2024. Thanks to the support from the community, we have reached 1K followers on LinkedIn (and growing rapidly 😀). We will stay connected with the community and provide more high-quality content and exciting company updates for everyone.
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