The Israeli crypto payment processor Oobit Technologies Pte. Ltd d/b/a Oobit announced that it has registered as a digital asset service provider in Italy. This will allow Oobit to offer crypto products and services to its growing customer base in Italy. The payment processor's Estonian crypto license was archived as of August 3, 2022. Over the last few weeks, we have discovered the licensed Estonian crypto payment processor Oobit as a scam facilitator with the broker scams ExpressFX and StakingTrades.
Over the last few weeks, we have discovered the licensed Estonian crypto payment processor Oobit as a scam-facilitator with the broker scams ExpressFX and StakingTrades. We, therefore, took a closer look at the payment processor and discovered that it is actually an Israeli venture operating through legal entities in Singapore and Estonia. While these scam clients may be an exemption, Oobit appears professional in its appearance and receives excellent reviews on Trustpilot. We would like to know more about this crypto venture.