You can become a financial information service or a financial transaction service.
The information service requires the periodic purchase of a certificate and registration with some very annoying hurdles.
The transaction service requires a certification procedure and a lot of money as well as all of what the information service requires.
The EU is a POS. Lobby-created laws that favor the established, rich companies.
It's an elite club and you're not in it, and they're making sure you won't be part of it. I tried to get information about the information service registration process from the German Bafin, for over 6 months over several mails. Just tell me what to do, I want to open a financial information service.
They have not given me any information at all. The employed lawyer kept evading my questions and responded with things that have no reference or meaning in regards to my questions.
I'm not part of the club and they're keeping me from becoming part of it.
Corrupt.