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Funding Milestone: E Money Network Receives $3 3 Million from Top VCs in Ongoing Round to Fuel Growth & Expansion

Funding Milestone: E Money Network Receives $3 3 Million from Top VCs in Ongoing Round to Fuel Growth & Expansion
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MONCCO PR: FinTech Company Scallop Reaches Mount Everest

London, United Kingdom (Newsfile Corp. - June 3, 2022) - Digital fintech company Scallop, has defied the odds to become the first DeFi company to reach the top of the world; Mount Everest. This feat

FinTech Company Scallop Reaches Mount Everest

FinTech Company Scallop Reaches Mount Everest
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Scallop obtains MSB license for operations in Canada

London, England, 11th January, 2022, Chainwire   London, England, 11th January 2022 – Scallop has acquired money services business, or MSB, license from Financial Transactions and Reports Analysis Centre (FINTRAC). The Canadian MSB license issued by FINTRAC, allows SCALLOP FINTECH INC, (Scallop Group Limited’s Canadian corporation subsidiary) to conduct money transfers and be a dealer for foreign exchange, as well as for virtual currencies. Foreign Exchange dealing allows Scallop to conduct transactions to exchange one type of currency for another (for example, exchanging USD for CAD). Money Transferring permits Scallop to transfer funds from one person or entity to another using an electronic funds transfer network or any other method such as Hawala, Hundi, Fei ch’ien, and Chitti. Virtual Currency

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