Tag: STB Software Development

StablR’s Dutch Holding Web: Who Really Controls the MFSA-Regulated Stable-Coin Issuer?

Stablecoins tamir - June 23, 2025

StablR Ltd (Malta, C 104007) positions itself as a MiCA-ready euro-stablecoin issuer. Official filings show a simple Dutch holding chain, but deeper registry work and legacy links to Payvision’s cyber-crime scandal raise doubts about the project’s true beneficial owners (UBOs). While no hard evidence yet ties Payvision founder Rudolf Booker (or other ex-shareholders) directly to StablR, multiple red flags—including addresses previously used by Booker-controlled entities and a board dominated by former Payvision managers—demand regulatory scrutiny.

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