Swedish Financial Supervisory Authority’s investigation of Goobit AB concluded

Goobit Group, the first and leading publicly listed company in Sweden's cryptocurrency industry, is pleased that the extensive review conducted by the Financial Supervisory Authority is completed. FI considers in its assessment that the company has rectified the found deficiencies promptly.

"The Financial Supervisory Authority's investigation has helped us improve. Over the past two years, we have built a robust organization around compliance and AML, which leaves us well prepared for the EU's upcoming MiCA regulations," says Christian Ander, CEO and founder of Goobit Group.

During the investigation, Goobit has demonstrated transparency and a proactive approach to ensure that the business meets all regulatory requirements.

"There is a myth that we in the crypto industry would not like rules, but that is wrong. Rules and compliance create trust between the players in a market, which is a prerequisite for them to be able to cooperate effectively,” says Christian Ander.

The SFSA has ordered Goobit AB to pay a sanction fee of 2 MSEK. The company now has three weeks to decide whether to appeal SFSA's decision on this part.

Goobit continues to work closely with SFSA and other relevant actors to promote trust, security, and compliance within the cryptocurrency industry.

"We are pleased to leave the case with the Financial Supervisory Authority behind us and to look forward. Now a number of new opportunities open up for Goobit," says Christian Ander.

For further information, please contact:
Christian Ander, CEO, Goobit Group AB
Email: ir@goobit.se
Certified Adviser:
Eminova Fondkommission AB | 08-684 211 10 | adviser@eminova.se

About BTCX / Goobit Group
Goobit AB was registered in 2012, is one of the world's first, and Sweden's leading crypto exchange companies. The company offers exchange services from SEK and EUR to the virtual currency’s Bitcoin and Ether, and has so far exchanged over 2.0 billion SEK. The company's best-known brands are BTCX Express and Standard BTCX. In addition to exchange, the company also offers services in anti-money laundering (AML), through AML Desk, and compliance for virtual currencies and digital assets. Goobit Group AB (publ) was registered in 2013 and includes the fully owned subsidiaries Goobit AB, Goobit Blocktech AB and Goobit Exchange AB. Goobit AB services are aimed at private individuals, corporate customers and financial institutions.
For more information, see Goobit's website www.goobit.se