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> This is about the level of legitimacy one sees with the typical crypto operation. Ironically, one that will probably not be willing to take the compliance ri
by vmception 4y ago
> This is about the level of legitimacy one sees with the typical crypto operation.
Ironically, one that will probably not be willing to take the compliance risks of working with all the developers who are doing crypto operations, given how much they have to lose after investing in this bank and messing up AML.
They could carve a lucrative niche for themselves though, this looks slightly more competitive than the state-sponsored crypto banks in Wyoming for the customer. Unless something goes wrong.
- Animats 4y agoUnless something goes wrong An API which allows fast transfers any time of the day or night from your business deposit account to anyone in the world, using a wide variety of money transfer systems, and with little recourse if there's a problem or fraud. What could possibly go wrong?