...
Maybe one day we won't be needed anymore, maybe one day fiat will belong in museums. Maybe one day these regulations will be gone.
But that's something that we can only collectively make happen. And I feel that, today, we made a step in the right direction.
Agreed!

For example, i would expect ALOT of fraud going on from your 'customers' once you do IBAN accounts with just ID
These guys are running a BANK. I am sure they can figure it out.
They have partnered with a PSP, which isnt exactly 'running a bank', but i still wish them luck, they will need it in any case.