KUALA LUMPUR: Green Packet Bhd
’s wholly owned subsidiary Oasis Capital Investment Bank (OCIB) has secured a conditional investment bank licence from the Labuan Financial Services Authority (LFSA), allowing the group to venture into blockchain and digital asset investment.
In a statement yesterday, Green Packet said the licence allows it to start fulfilling operational conditions such as setting up the required processes and technology platforms in view of the regulatory requirements.
“A full operating licence will be awarded by LFSA upon fullfilment of these operationalisation activities,” it added.
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