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[SCAMEXPOSER]

Not less than 170 companies has filed application to Singapore monetary Authority to provide Digital Payment Token Services.
FOMO Pay is fortunate to be the first amongst all of them to recieve license to offer such services. The services include Merchant Acquisition Service, Domestic Money Transfer Service and Digital Payment Token (DPT) Service, which is Crypto-based. DPT service licence will enable transactions with crypto and upcoming Singapore's CBDC.

 

[Brain]

Congrats once again to FOMO pay as I have read about them previously. It good to get a legal backing for any operational activities. This will help with a better regulations and service

 

[Josemendez]

Awesome opportunity for this country to be one of the first to get license in the country , it will surely help them to attract users to themselves

 

[SCAMEXPOSER]

Definitely, they can also use this opportunity to set the template for all cryptocurrencies activities will be run in the exchange platforms of Singapore.

 

[Josemendez]

Definitely, they can also use this opportunity to set the template for all cryptocurrencies activities will be run in the exchange platforms of Singapore.

Yeah. The fact means that Singapore will be the one to decide how the cryptocurrency exchanges will operate in the country. This will make them work together

 

[SCAMEXPOSER]

Yeah. The fact means that Singapore will be the one to decide how the cryptocurrency exchanges will operate in the country. This will make them work together

Definitely, this channel will enable them to track Money laundering activities, the El-Salvador government will definitely adopt this strategy.

 

[Josemendez]

Definitely, this channel will enable them to track Money laundering activities, the El-Salvador government will definitely adopt this strategy.

Definitely, this channel will enable them to track Money laundering activities, the El-Salvador government will definitely adopt this strategy.

Let's wait and see what will happen in the long run. Cryptocurrency is growing strongly and when this happens it will become a problem

 

[LutherKing]

Well btc is growing strongly too and things are going great to be honest actually in my opinio. Aa far as I can say it's going to be break soon

 

[SCAMEXPOSER]

Let's wait and see what will happen in the long run. Cryptocurrency is growing strongly and when this happens it will become a problem

I am not seeing anything as a problem because Government will have to regulate cryptocurrencies for it to grow as expected

 

[Josemendez]

I am not seeing anything as a problem because Government will have to regulate cryptocurrencies for it to grow as expected

I agree with that but what I mean was that El Salvador will have to track cryptocurrency related activities less there will be a problem

 

[SCAMEXPOSER]

I agree with that but what I mean was that El Salvador will have to track cryptocurrency related activities less there will be a problem

Alright, I believe that different level of monitoring mechanisms will have been in place to achieve success in cryptocurrency activities in the country.

 

[Wisdom01]

good to see the platform been approved , because getting approval most times could take a lot of time ,this would improve the platform with time ,I really live the development ongoing , I hope other payment platform also get that approval from authorities it's a big contribution to cryptocurrency growth and development

 

[Mariappa45]

That's great move out there to see Fomo pay filling the void to provide cryptocurrency payment to companies out there in Singapore that needs digital service token' payment. Their is doubt, cryptocurrency payment is one of the fastest and easiest when it comes to online payment system.