Hong Kong-based fintech Redotpay expands its regulatory footprint by securing key licenses in North and Latin America to provide compliant digital asset solutions.
Redotpay, a global stablecoin-based payment provider, announced on March 11, 2026, the acquisition of pivotal licenses in Argentina, Canada, and the United States. The firm successfully secured Money Services Business (MSB) registrations in Canada and the U.S., alongside a Virtual Asset Service Provider (VASP) license in Argentina.
These milestones enable Redotpay to offer localized e-wallets with CAD payouts in Canada and crypto-to-fiat services for its 6 million registered users. “Securing and maintaining robust regulatory frameworks across Argentina, Canada and the U.S. is a major step forward,” says Michael Gao, CEO and Co-Founder of Redotpay.
? FAQs
• Where is Redotpay expanding its regulatory jurisdiction? Redotpay is officially expanding its registered services across Argentina, Canada, and the United States.
• What specific licenses did Redotpay obtain in North America? The company secured Money Services Business registrations from FinCEN and Canadian regulatory authorities.
• How will local users in Argentina benefit from this? Local residents gain access to regulated crypto custody, transfers, and seamless fiat payment integrations.
• Are there new features coming to the Canadian market? Redotpay plans to launch e-wallets supporting local CAD payouts for fast digital asset spending.
