Remember 'eCredits'? The amazing new payment system that would let you pay with your smartphone using blockchain technology? Well it looks like they've abandoned that idea as they can't get a license - can't imagine why!
FMA - Bekanntmachung: ETR AG
Announcement: ETR AG
07/10/2020
By order of July 7, 2020, the FMA prohibited ETR AG, Aeulestrasse 74, 9490 Vaduz, FL-0002.616.922-1 from issuing e-money or the acceptance of deposits and other repayable monies and the repayment of the funds received is arranged.
ETR AG is the operator of the website https: // blocktrade [dot] com ("Blocktrade Platform"). In this regard, the Company accepts funds for the purpose of issuing e-money or as deposits or other repayable funds. ETR AG thus operates the business of issuing e-money or accepting deposits and other repayable funds without the authorization required by the FMA.
This ruling is immediately enforceable, but not yet legally binding.'
'ECR' and 'ETR' have exactly the same address:
ECR AG Aeulestrasse 74, 9490 Vaduz, Liechtenstein
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