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| 1 minute read

Mingo obtains Gibraltar VASP registration to sell tokens and NFTs

Congratulations to Mingo Technologies Limited which has successfully registered with the Gibraltar Financial Services Commission (GFSC) as a Virtual Asset Service Provider (VASP) under the Proceeds of Crime Act 2015 (Relevant Financial Business) (Registration) Regulations 2021 (the "RFBR Regulations").

The RFBR Regulations were introduced in Gibraltar last year in full compliance with the FATF’s Recommendations on Virtual Assets. The new registration regime is focused on AML compliance and allows token issuers, such as Mingo, to build confidently on solid, compliant foundations.

Mingo’s CEO, Joe Arthur, said, “We are delighted that we have secured our VASP registration with the GFSC. The VASP registration regime in Gibraltar was the perfectly aligned solution for Mingo at this juncture. Our registration gives us the edge today in a global market where regulation is likely to be a core feature of the space tomorrow. We are confident that, by taking this step, we are future-proofing Mingo and opening up new opportunities in the institutional space. We look forward to releasing our new NFT collections in the coming weeks and months.”

Mingo is a full ecosystem developed entirely on the Hedera network, consisting of MingoWallet, MingoChat, MingoMarket, MingoLaunch & MingoPlay (www.mingoapp.com).

Gibraltar and Hassans continue to lead the way in the crypto space. The ability to undertake a registered token sale from Gibraltar is extremely appealing to founders who want to build their projects in a compliant manner. 

Feel free to reach out for further information: 

Email: aaron.payas@hassans.gi
Twitter: @aaronpayas
ENS: AaronPYS.eth

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