Release of blocked/frozen funds
One of the more unusual services that Porat Group provides is collection services for blocked or unreleased funds in Electronic Money Institutes (EMIs) or with Payment Service Providers (PSPs). These services are vital to any client who: Is facing large amounts of blocked or unreleased funds with their bank, PSP or EMI; Is lacking contact […]
EMI License in the Netherlands
The Netherlands has built a reputation for itself as an innovative, progressive jurisdiction when it comes to the payments and fintech sectors. Recently, the country has become more popular among payment services providers and fintech companies due to its high pace of licenses granted and its ever-increasing innovative approach in regards to these industries. Among […]
Virtual Assets Services Licenses in the UAE
The Abu Dhabi Global Market (ADGM) is one of the regulatory authorities in the UAE and has the most comprehensive payments and virtual assets regimes in the UAE market. ADGM licenses activities include (i) multilateral trading facility for virtual assets (i.e. a secondary market trading platform), (ii) brokerage, custodianship and issuance platforms for virtual assets, […]
Porat Group is hosting the first Crypto Algo-Trade Flash session
The Porat Group team is excited to announce, as well as invite our clients and partners to the first crypto Algo-Trade Flash session, organized by Porat Group in collaboration with Binance, Knowledge and Innovation, KPMG Israel and HDI (Hawk Digital Innovation). Due to our long standing interest and expertise in the blockchain industry, Porat Group […]
EMIs- General Overview
If you are keen to provide payments services in either fiat currency and/or cryptocurrency and cater to European clients, an EMI license would be an excellent choice, and most extensive one. EMI licenses have gained massive popularity with the emergence of numerous online banks and payment services providers. In fact, an EMI license is the […]
iGaming regulation in Canada
Ontario made history in April, 2022, when it became the first province in Canada to regulate iGaming, which had previously been a gray zone legally in the country. (Gambling is illegal in Canada, unless it is specifically regulated by a province not to be) The following are important facts to know about this jurisdiction, if […]
Payment Services Providers License in the UAE
In the UAE, PSPs, or Payment Services Providers, are regulated by the Central Bank (CBUAE). In July 2021, a new regulation overseeing these providers came into force, the Retail Payment Services and Card Schemes (RPSCS) Regulation. This regulation sets out the rules and conditions established by the Central Bank for acquiring and maintaining a license […]
Our attendance at the Crypto: Tel Aviv Convention
Several representatives of Porat Group will be attending the Crypto: Tel Aviv convention at ZOA House in Tel Aviv on June 17th 2021. Porat Group provides full-scale crypto legal services as well as a wide range of relevant connections for every crypto/Blockchain business and we would be happy to meet with others active in the […]
Cryptocurrency Business Promotion and PR Services
The cryptocurrency and blockchain space being such a new phenomena, with even the oldest companies in the space being just a few years old, combined with a lack of understanding for the space had led to difficulties promoting and advertising cryptocurrency and blockchain businesses in many cases. Traditional advertising solutions and media agencies, newspapers and […]
What are the hottest jurisdictions for a gaming license in 2021?
Given Porat Group’s solid reputation as a gaming law firm, and especially when it comes to gaming licenses, we often get questions regarding different gaming jurisdictions and which one of them is the best option these days. Online gaming has, after all, changed a lot in the last few years, so jurisdictions that used to […]