Post
Topic
Board Announcements (Altcoins)
Re: ANN [MCO] MONACO #1 Cryptocurrency Payments Card
by
BTCMILLIONAIRE
on 19/12/2017, 23:54:31 UTC
on you did not spread the rule that you can not make any public statements about the issuance of the card before your project is approved by the payment system visa?

Have you heard of this?
if you take this into account and if this is true, Monaco will never be able to issue his cards
MonaCo already is a confirmed Visa program manager. If you want to FUD the only reasonable angle is the AC, which as far as I'm aware still hasn't been replaced.

We are glad you asked about AC. Yes, we are working on it.
We've had a meeting with our counsel to cover this topic and we are making progress. Please do not expect news on this right away, as whatever ideas we may have, and no matter how certain we think they are good, they still have to go and pass the opinion of lawyers in at least 5-6 key jurisdictions. It takes time, but it's worth to get it done the right way.
I understand that it takes time. And the fact that MCO is holding its position (e.g. that it sees the AC as a non-vital component of the token price) while working on it regardless is very reassuring. Initially it sounded like an attempt at drowning out interest in the AC. But even if that was the case, the fact that it's being worked on without randomly jumping to a different stance is something that I can live with. Opinions differ after all, so considering what is happening I'll leave the benefit of the doubt for this one and keep looking forward to the cards and more news regarding the token itself.