As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
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This is a new investment opportunity – SPI license in UK for sale. Please check out the main details regarding this proposal below. SPI license in UK for sale: key considerations Small Payment Institution (SPI) in UK for sale; Company was licensed by FCA in 2018; Allowed activities (money remittance, foreign exchange); Company has 3…
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An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
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+1 (888) 647 05 40Brazil’s common payment system – SPB – includes firms, processes and others being associated with clearing and payments mechanisms created for processing of monetary operations in foreign currency and similar assets. According to laws of state, SPB also includes payment establishments and schemes for organizing payments. As in any other jurisdiction, a PSP license in Brazil can only be obtained by meeting the requirements set by the local regulatory authorities.
SPB participants who are in charge of clearing are covered by international regulative provisions.
For financial market clients, main criterion is the confidence that they are part of a stable and profitable mechanism, in particular, services offered by SBP parties. Because payments and clearing mechanisms have the status of the main ones for all deals being carried out as part of Brazilian space formation.
As for provisions of law, Central Banking authority – BCB – has the right to provide and maintain a reliable and solid SPB, as well as a space for operation of PSP licenses in Brazil. Additionally, sphere of influence of main banking authorities includes the constant improvement of overall mechanism and bringing it in line with principles of local Council.
BCB is in charge of issuing permission for Payment Service providers in Brazil, supervises and regulates all SPB participants in order to maintain reliable and secure channels for the transmission of monetary mechanisms and manage systemic risk mitigation mechanisms. In addition, the influence of BCB extends to the controlling of two niches for settlements and transactions.
In particular, BCB conducts analysis for deals with derivatives, clearing and payments mechanisms. This’s done in order to implement the following aspects:
Establishments are connected with SPB as they accept and hold demand deposits. In addition, these establishments open and provide accounts that are used by firms to conduct transactions. Small trading companies that process transactions, deposits, control savings and term accounts also act as such intermediaries.
According to Brazilian laws, a PSP permit that covers next-mentioned operations:
If you want to offer online payments and gateway services in Brazil, we are ready to support you through the licensing process. Our specialists have been working for many years in the direction of buying businesses and licensing firms in various jurisdictions. We also have a large list of ready-made companies for sale, and we are ready to accompany you at every stage of the transaction until its successful completion. Contact us for details.
You can see our current offers in the categories “Cryptocoins and licensing of cryptocurrency operations”, “Ready-made companies”, “Banks for sale” and “Licenses for sale”.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.