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RE: Cryptov8 [CRV8] - The Need of Time - Bringing Banking into Blockchain
It definitely looks like it could do very well. The fact that it will be an actual licensed and regulated bank actually sounds good to me. Not some fly-by-night operation.
I can dig it. Great article and good read! Will look more into this!
My first thoughts too, as above. The licensed and regulated bank aspect brings integrity and trust for adoption in a (still) sceptical mainstream. Been wondering when that would happen. Where I'm from, I know as fact that people have had their bank accounts suspended for mentioning BTC in deposit transactions. The only way into crypto, for me, was to approach someone (I knew) and pay them in fiat.
Cryptov8 held a consumer credit licence before that they relinquished in favour of a full banking licence in the past. The application is already under FCA consideration. The Roadmap goes into more details on this. Tx