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⍰ ASK What role can EMIs play in crowdfunding transactions?

The presence of Electronic Money Institutions (EMIs) in crowdfunding and peer-to-peer lending platforms relies on regulatory authorizations and conformity. In certain legal jurisdictions, EMIs can participate in or join forces with these platforms, providing electronic payment options for crowdfunding transactions. However, the level of engagement and regulatory obligations differ. EMIs wishing to partake in these endeavors must carefully maneuver and abide by the particular regulations that govern crowdfunding and peer-to-peer lending in the areas where they operate, guaranteeing compliance.
 

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