Globitex group company granted an Electronic Money Institution (EMI) license by an EU regulator

The regulatory breakthrough opens the way for the institutional-grade Bitcoin exchange to deal with EUR fiat payments globally and marks a significant milestone to make Bitcoin a truly global currency of settlement.   Globitex Holding (Latvia) group company NexPay UAB has been granted an e-money license (EMI) by the Bank of Lithuania to carry out payment services and e-money issuance in the EU.   Crucially, the newly-issued EMI licence is fully ‘passportable’ to all other EU member states, allowing NexPay to provide clients with payment services and e-money issuance across…

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