TenX celebrate four years by announcing E-Money Licence approval

13 Jun, 2019
Blockchain
TenX celebrate four years by announcing E-Money Licence approval

TenX recently held their annual anniversary meetup which featured some big news with the announcement of an E-Money Licence being approved. 

TenX made the announcement at the annual meetup held in Singapore over the past weekend.

The announcement sees a major step taken forward by the veteran company, with the official statement saying "On May 29th 2019, TenX became the first token sale funded company to achieve the status of a regulated financial institution in Europe."

The EMI approval means the company is now licensed by the Liechtenstein Financial Market Authority (FMA) and will be able to provide EMI services across the European Economic Area.

TenX looks to relaunch the TenX Cards in EEA in Q4 2019, according to the announcement.

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Read more about: TenX (PAY)

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