Hi, to answer your question - we have an FCA License in the UK for a business already in the lending sector - however we are currently in application journey within the EU (2 countries in particular).

So not issuing licenses - but "sharing" within our rule based platform. We are working towards sharing using smart contracts, currently we are allowing the re-branding of Baanx.com services and their release to a new Cryptobank brands customer followers / supporters.

There are a lot of things in development and in process at Baanx - and we are looking forward to releasing our "shared license" model - which will allow a large Cryptobank network of startup Cryptobanks *(in the names of established brands with existing customers to market to) very quickly (instead of each startup needing $20m and lengthy application process).

Result = fast growth of Cryptobank market to rival Traditional Bank sector = protection of Fiat to Crypto supply = using known brands increase rapid uptake of Cryptocurrency usage in the everyday and within Cryptobanks.