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JustUs Says Global Rollout for P2P Platform Ready, Plans Expansion into US

JustUs Says Global Rollout for P2P Platform Ready, Plans Expansion into US
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United statesUnited kingdomLee birkettUnited kingdom basedஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்லீ பிர்கெட்ஒன்றுபட்டது கிஂக்டம் அடிப்படையிலானது

UK s JustUs, a P2P Lending Platform, to Enter US Markets Next Year, May Offer Crypto Services Later

Lee Birkett, Founder at JustUs and its parent firm eMoneyHub (and sister firm Moneybrain), reveals that his company may work with banks and leverage Fintech platforms. Birkett stated that his company has entered banking partnerships, which was one of the most challenging aspects of entering US markets. Birkett confirmed that the company has been officially established, however, its lending operations will most likely not begin in the US until Q1 2022. He added that the peer to peer lending will be introduced on a state-by-state basis, meanwhile, the cryptocurrency-focused unit of Moneybrain, which lets people convert their assets into the BiPs digital currency, will be introduced in the US at a later point (perhaps after next year).

United statesUnited kingdomLee birkettMoneybrain biLee birkett mrleebirkettJustus peoplesmortgageJustus peoplesWall streetInnovative financeHome finance platformPeoples mortgagesKingdom financial conduct approvalஒன்றுபட்டது மாநிலங்களில்ஒன்றுபட்டது கிஂக்டம்லீ பிர்கெட்சுவர் தெரு

Temporary register buys time from crypto firms and the FCA

Temporary register buys time for crypto firms from the FCA What happened? The UK crypto scene breathed a collective sigh of relief this month as the FCA (Financial Conduct Authority) announced a temporary registration scheme for cryptoasset companies. The regulator’s announcement came just weeks before its original registration deadline of January 10, 2021. Firms that have already submitted applications which have not yet been processed, are now allowed to continue trading until July 9, 2021, as they await full registration. In January 2020 the FCA became the anti-money laundering and counter-terrorist financing supervisor of UK cryptoasset businesses, under the Money Laundering Regulations (MLRs). Crypto firms wishing to continue their operations in the UK were required to register with the FCA in order to adhere to the MLRs. However, the regulator failed to assess and register all the companies that had applied in time for the initial deadline. This meant many

United kingdomIan taylorLee birkettMinistry of justiceGresham internationalFinancial action taskFinancial conduct authorityMoney laundering regulationsCrypto united kingdomஒன்றுபட்டது கிஂக்டம்ஈயந் டெய்லர்லீ பிர்கெட்அமைச்சகம் ஆஃப் நீதிக்ரெஶம் சர்வதேசநிதி நடவடிக்கை பணிநிதி நடத்தை அதிகாரம்