bwinpokerdownload| Lianlian Digital obtains Luxembourg EMI license: it can provide cross-border financial services for European markets

2024-05-27

Beijing Business News (Reporter Liao Meng) May 27bwinpokerdownload, Hong Kong-listed companies have repeatedly issued digital announcements stating that they have obtained the EMI (Electronic Money Instituon) license issued by the Commission de Surveillance du Secteur Financier ("CSSF") of Luxembourg, and the global strategic layout continues to advance.

bwinpokerdownload| Lianlian Digital obtains Luxembourg EMI license: it can provide cross-border financial services for European markets

According to reports, European countries including Luxembourg mainly have two types of payment licenses: PI/EMI. Among them, EMI is an electronic money institution license. The main function is to issue electronic money (non-sovereign digital tokens), which can provide payment and prepaid in specific areas. Card, e-wallet and other services. Relying on EMI licenses, Lianlian Digital can carry out more types of business activities for the entire European market. That is, in addition to the original provision of collection, VAT and other services for European e-commerce platforms, it will also be possible to provide funds to customers sailing to Europe. Storage and withdrawal services, and then combine high-quality ecological partners in the industry to carry out a wider range of complete cross-border financial services similar to commercial banks, such as e-wallets and currency transfers.

At present, Lianlian Digital has established a global license layout consisting of more than 60 payment licenses and related qualifications, covering multiple markets such as mainland China, China Hong Kong, Singapore, the United States, the United Kingdom, Thailand and Indonesia, and has been established in nine countries and regionsbwinpokerdownloadWe have 16 overseas offices.