RedotPay secures new licences in Argentina, Canada, and USA to boost expansion

Stablecoin payments fintech RedotPay says it has picked up three new international licenses and registrations in Argentina, Canada and the US as part of a “multi-jurisdictional regulatory approach“. In Argentina, RedotPay has been granted a Virtual Asset Service Provider (VASP) licence by the Comisión Nacional de Valores (CNV). The regulatory approval will be used to provide crypto custody, transfer, and on/off ramp services, with partnerships with local payment providers planned to “enable seamless fiat pay-ins and payouts“.