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RE: Bitwala To Relaunch "As A Cryptobank" After Getting Current Debit Cards And Banking Partnerships Terminated
I wonder what would be stopping some country, like say Vanuatu, from opening up their own Crypto Bank and start accepting cryptocurrencies from its citizens, which you can become one with a BitCoin payment.
Right now I'd say competition. But enter governments outlawing crypto, and no more competition. Hey, a new Swiss bank only not Swiss.
Vanuatu apparently denies that they accept BitCoin for citizenship, but maybe they should have rethought that. Talk about an easy way for some small island country to be bigger than they are.