According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of the population in 2020 to 51.70% by 2024. Half the World’s Population…
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How to Obtain a Gaming License for an Offshore Company?
Gambling business is a specific niche area that is not recommended in all provinces and thus, in order not to disrupt the domestic law and be able to manage a legal business, it is necessary to have a license that grants approval from an appropriate jurisdiction, a jurisdiction that is better for online casinos. Each…
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Cuba’s Central Bank to License VASPs Starting May
The Central Bank of Cuba will soon start issuing licenses to virtual asset service providers in the country, which will be valid for one year but can be extended for a second year. The Central Bank of Cuba (BCC) is planning to issue licenses for virtual asset service providers (VASPs) starting next month, the Official…
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