Tag: Georgia

MiCA’s Offshore Back Door? Georgian Nylo Still Routes Betify Deposits Into Crypto Orders After 1 July!

One week after MiCA’s transition deadline, FinTelegram found Betify’s Skrill and Neteller-labelled deposit routes still leading to Georgian Nylo “Exchange orders” requiring users to buy crypto and send it onward. Nylo’s own Terms and AML Policy raise deeper questions about gambling payments, direct KYC, limited monitoring, VASP status and EU reverse solicitation.