Core Insights - Banxa Holdings Inc. has received regulatory approval for its European entity, EU Internet Ventures B.V (EUIV), under the EU's Markets in Crypto Assets (MiCA) framework, allowing it to operate as a Crypto Asset Service Provider across 30 EEA countries without needing additional authorisation [1][2][3] Regulatory Approval - EUIV has been compliant with MiCA standards since its registration with De Nederlandsche Bank (DNB) in 2020, focusing on anti-money laundering (AML) and counter-terrorist financing (CFT) obligations to protect investors [2] - The MiCA licence represents a significant milestone in Banxa's growth strategy, enhancing its international regulatory presence [3] Business Operations - Banxa serves as an infrastructure provider for embedded crypto, enabling businesses to integrate crypto into their platforms, thus facilitating opportunities in the digital economy [4] - The company operates with Money Transmitter Licences (MTL) in 37 US states, as well as in the UK, Canada, and Australia, indicating a robust regulatory framework [3] Strategic Vision - Banxa aims to create an environment where commerce is predominantly conducted using digital assets, reflecting its commitment to the future of digital finance [5]

Core Viewpoint - Banxa Holdings Inc. is progressing towards completing its plan of arrangement with OSL Group, contingent on obtaining necessary regulatory approvals [1][2]. Regulatory Approvals - Banxa has received change of control approval for money-transmitter licenses in 17 out of 37 designated U.S. states [2]. - The company has obtained a declaration of no objection from the Netherlands De Nederlandsche Bank, marking a significant milestone towards acquiring a license under the Markets in Crypto-Assets Regulation [2]. - Notifications have been submitted to the Financial Conduct Authority in the United Kingdom as part of the regulatory approval process [2]. Court Proceedings - The hearing for the final order to approve the arrangement was adjourned by the Supreme Court of British Columbia to allow more time for the parties to secure the remaining required regulatory approvals [3]. Conditions Precedent - The completion of the arrangement is subject to the satisfaction or waiver of conditions outlined in the arrangement agreement dated June 27, 2025 [4].

Core Points - Domenico Carosa filed an early warning report regarding his beneficial ownership of Banxa Holdings Inc. shares, indicating a recent disposal of shares [1][5] - As of April 2, 2025, Mr. Carosa owned 5,600,000 shares, representing 12.28% of the total shares on a non-diluted basis [2] - Following a sale of 112,200 shares on August 5, 2025, Mr. Carosa's ownership decreased to 5,205,600 shares, representing 11.42% of the total shares, a decrease of 2.17% from the previous report [3] Summary of Transactions - On August 5, 2025, Mr. Carosa sold 112,200 shares at a price of $1.26 per share, totaling $141,372 [3] - Prior to this transaction, Mr. Carosa held 5,317,800 shares, which included the cancellation of previously reported stock options [3] - Post-transaction, Mr. Carosa's holdings included shares held by Carosa Corporation B.V. and Dominet Digital Investments Pty. Ltd. [3] Future Intentions - Mr. Carosa indicated that he may continue to buy, hold, trade, or dispose of Banxa securities based on market conditions and other relevant factors [4]

Core Viewpoint - Banxa Holdings Inc. is preparing for an annual general and special meeting to discuss a proposed arrangement for the acquisition of its shares at a cash consideration of C$1.55 per share [2][4]. Group 1: Meeting Details - The meeting is scheduled for August 28, 2025, at 10:00 a.m. Vancouver time [1]. - Meeting materials were mailed to securityholders on August 1, 2025, for those recorded as of July 24, 2025 [2]. - The agenda includes voting on annual business matters for the financial years ended June 30, 2024, and 2023, and the Arrangement Resolution [2]. Group 2: Arrangement Resolution - The Arrangement involves OSL Group Limited and OSL BNXA Acquisition Inc. acquiring all issued and outstanding shares of Banxa for C$1.55 per share [2]. - Completion of the Arrangement is contingent upon several factors, including approval at the meeting, a final court order, acceptance by the TSX Venture Exchange, and necessary regulatory approvals [5]. Group 3: Company Overview - Banxa is a leading infrastructure provider for embedded crypto, facilitating seamless integration of crypto and fiat payments for businesses [9]. - The company operates globally with a focus on enhancing payment solutions and regulatory compliance in the evolving crypto economy [9].