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Mybet’s C4U awarded Malta financial transactions licence

15th July 2013 10:01 am GMT

C4U, a subsidiary of Schleswig-Holstein-based operator mybet, has been awarded a provisional permit to conduct financial transactions by Malta's Financial Services  Authority (MFSA).

The MFSA said a full Electronic Money Institution Licence will be awarded within three months, allowing C4U to offer transaction services across the European Union for mybet and other third party companies. It sees mybet become one of the first online gaming companies to be able to offer payment [...]

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