Regulatory Landscape. Cryptocurrencies currently face an uncertain regulatory landscape in the United States and many foreign jurisdictions. In the United States, cryptocurrencies may be regulated by one or more state regulatory bodies. In addition, many cryptocurrency derivatives are regulated by the Commodities and Futures Trading Commission, and the Securities and Exchange Commission has cautioned that initial coin offerings and certain cryptocurrencies are likely to fall within the definition of a security and subject to U.S. securities laws. One or more jurisdictions at the state, federal, or international level may, in the future, adopt laws, regulations or directives that adversely affect the use, transfer, exchange, and value of cryptocurrencies, their networks, and their users. Such laws, regulations or directives may impact the price of cryptocurrencies and their acceptance by users, merchants and service providers.
Regulatory Landscape. The statements set forth in the Registration Statement, the Time of Sale Prospectus and the Prospectus under the captions “Risk Factors – Risks Related to Our Regulatory Environment,” insofar as they purport to constitute summaries of the terms of statutes, rules or regulations or legal proceedings, constitute accurate summaries of the terms of such statutes, rules and regulations and legal proceedings.
Regulatory Landscape. 2.1. incard, in the provision of payment services on behalf of Nium, is acting as Xxxx’s EMD Agent with respect to Electronic Money in GBP and is authorised to provide payment services on behalf of NIUM (register reference .
2.2. Nium Fintech Limited (referred to in these Terms as “Nium”), in the issuance of Electronic Money in GBP such as the Electronic Money issued pursuant to clause 4.1, is acting as an authorised electronic money institution. Xxxx is authorised by the FCA under the Electronic Money Regulations 2011 (register reference 901024) for the issuing of Electronic Money and registered in England & Wales with a registered office at 05-132, 0 Xxxxxxx, Xxxxxx, Xxxxxx Xxxxxxx, XX0X 0XX with registration number No. 09039850.
2.3. The Currency Cloud Limited (referred to in these Terms as “Currency Cloud”) in the provision of cross border payment and currency conversion services, is acting as payment facilitator and is authorised and regulated by the Financial Conduct Authority (FRN: 900199) and is incorporated under the laws of England and Wales with a registered office at 00 Xxxxxxx Xx, London E1 6FQ with registration number No. 06323311.
2.4. The following services, which are accessible through the incard Platform, are carried out by Nium and will be subject to the Nium Terms:
(a) the issuance and storage of Electronic Money in GBP;
(b) the issuance of Cards pursuant to a license from VISA International Incorporated;
(c) incard Cardholders entering into incard Card Transactions.
2.5. The following services, which are accessible through the incard Platform, are carried out by Currency Cloud and will be subject to the Currency Cloud Terms:
(a) the provision of cross border payment and currency conversion services;
(b) the SWIFT Collection of incard Payments, the EUR Collection of incard Payments, the GBP Collection of incard Payments and the USD Collection of incard Payments from You on behalf of incard for Xxxx.
2.6. Cards are issued by Nium Fintech Limited pursuant to a license from VISA International Incorporated. At all times the Card remains the property of NIUM. All communications should be sent to incard through email (i.e. xxxxxxx@xxxxxx.xx).
2.7. The production of the Cards and the technology systems required to operate the Cards are provided by incard and the third party service providers. incard also provides customer support for Cards.
2.8. incard, Nium and Currency Cloud are subject to the Payment Services Regulations 2017. These regulat...
Regulatory Landscape. 2.1. Incard in the provision of payment services on behalf of Currencycloud, is acting as Currencycloud’s EMI Agent with respect to Electronic Money in EUR, USD and GBP and is authorised to provide payment services on behalf of Currencycloud.
2.2. Currencycloud B.V. (referred to in these Terms as “Currencycloud” or our “Partner”) in the issuance of electronic money in EUR and the provision of payment services is authorised by De Nederlandsche Bank (DNB) with relation number BND: R142701 under the E-money Directive and PSD2.
2.3. The following services, which are accessible through the Incard Platform, are carried out by us and Currencycloud and will be subject to the Currencycloud Terms:
(a) the issuance and storage of Electronic Money in EUR, USD and GBP;
(b) the provision of payment services and currency conversion services;
(c) the EUR Collection Service, the GBP Collection Service, the USD Collection Service, the SWIFT Collection Service in your Incard account.
2.4. Transact Payments Malta Limited (referred to in these Terms as “TPML” or our “Partner”) in the issuance of cards is duly authorised and regulated by the Malta Financial Services Authority as a Financial Institution under the Financial Institution Act 1994. Registration number C 91879. Transact Payments Limited is authorised and regulated by the Gibraltar Financial Service Commission.
2.5. The following services, which are accessible through the Incard Platform, are carried out by TPML and will be subject to the TPML Terms:
(a) the issuance of Cards pursuant to a licence from VISA;
(b) Incard Cardholders entering into Incard Card Transactions.
2.6. Cards provided to EEA residents are issued by Transact Payments Malta Limited pursuant to licence by Visa Europe Limited. The Card remains the property of TPML at all times.
2.7. The production of the Cards and the technology systems required to operate the Cards are provided by Incard and the third party service providers.
2.8. Incard also provides customer support for Cards. All communications should be sent to Incard through email (i.e. xxxxxxx@Xxxxxx.xx).
2.9. Incard, TPML and Currency Cloud are subject to the relevant Payment Services Regulations of the countries they are operating the business and under the relevant supervisory authority. These regulations regulate how payments must be transmitted and provide protection when you send money.
2.10. If you require further information on the status of Currencycloud as electronic money institutio...
Regulatory Landscape. 2.1. Incard in the provision of payment services on behalf of Currencycloud, is acting as Currencycloud’s FCA EMI Agent (FCA reference number: 903054) with respect to Electronic Money in EUR, USD and GBP and is authorised to provide payment services on behalf of Currencycloud.
2.2. The Currency Cloud Limited (referred to in these Terms as “Currencycloud” or our “Partner”) in the issuance of Electronic Money in GBP such as the Electronic Money issued pursuant to clause 4.1, is acting as an authorised electronic money institution. In the provision of cross border payment and currency conversion services, is acting as payment facilitator and is authorised and regulated by the Financial Conduct Authority (FRN: 900199) and is incorporated under the laws of England and Wales with a registered office at 00 Xxxxxxx Xx, London E1 6FQ with registration number No. 06323311.
2.3. The following services, which are accessible through the Incard Platform, are carried out by us and Currencycloud and will be subject to the Currencycloud Terms:
(a) the issuance and storage of Electronic Money in EUR, USD and GBP;
(b) the provision of payment services and currency conversion services;
(c) the EUR Collection Service, the GBP Collection Service, the USD Collection Service, the SWIFT Collection Service in your Incard account.
2.4. Transact Payments Limited (referred to in these Terms as “TPL” or our “Partner”) in the issuance of cards is duly authorised and regulated by the Gibraltar Financial Services Commission (GFSC). The Gibraltar Financial Services Commission regulates the financial services industry in Gibraltar.
2.5. The following services, which are accessible through the Incard Platform, are carried out by TPL and will be subject to the TPL Terms:
(a) the issuance of Cards pursuant to a licence from VISA;
(b) Incard Cardholders entering into Incard Card Transactions.
2.6. Cards provided to UK residents are issued by Transact Payments Limited pursuant to licence by Visa Europe Limited. The Card remains the property of TPL at all times.
2.7. The production of the Cards and the technology systems required to operate the Cards are provided by Incard and the third party service providers.
2.8. Incard also provides customer support for Cards. All communications should be sent to Incard through email (i.e. xxxxxxx@Xxxxxx.xx).
2.9. Incard, TPL and Currency Cloud are subject to the relevant Payment Services Regulations of the countries they are operating the business and under ...
Regulatory Landscape. Cryptocurrencies currently face an uncertain regulatory landscape in many foreign jurisdictions. Cryptocurrencies may be regulated by one or more state regulatory bodies. In addition, many
Regulatory Landscape. Cryptocurrencies currently face an uncertain regulatory landscape in the Bermuda and many foreign jurisdictions. In Bermuda, cryptocurrencies may be regulated by one or more regulatory bodies. One or more jurisdictions at the local, federal, or international level may, in the future, adopt laws, regulations or directives that adversely affect the use, transfer, exchange, and value of cryptocurrencies, their networks, and their users. Such laws, regulations or directives may impact the price of cryptocurrencies and their acceptance by users, merchants and service providers.
Regulatory Landscape. Cryptocurrencies currently face an uncertain regulatory landscape in the United States and many foreign jurisdictions. In the United States, cryptocurrencies and the entities interacting with them may be regulated by one or more federal state regulatory bodies, including the U.S. Department of the Treasury. In addition, many cryptocurrency derivatives are regulated by the Commodity and Futures Trading Commission. The Securities and Exchange Commission and various state securities regulators have cautioned that many initial coin offerings and other blockchain-based token offerings may fall within the definition of a security and be subject to U.S. securities laws. One or more jurisdictions may, in the future, adopt laws, regulations or directives that affect cryptocurrency networks and their users. Such laws, regulations or directives may impact the price of cryptocurrencies and their acceptance by users, merchants and service providers.
Regulatory Landscape. Substantially all of our business is directly or indirectly related to the healthcare industry and is affected by changes in the healthcare industry, including regulatory changes and fluctuations in healthcare spending. The healthcare industry is highly regulated at the federal and state levels and subject to changing political, legislative, regulatory and other influences. Although many regulatory and governmental requirements do not directly apply to our operations, these requirements affect the business of our payer, provider and pharmacy customers and the demand for our solutions. We also may be impacted by non-healthcare laws, requirements and industry standards that can affect our solutions. For example, laws, regulations and industry standards regulating the banking and financial services industry may impact our operations as a result of the electronic payment and remittance services we offer directly or through third party vendors.
