Quote from: A56-7W on April 26, 2018, 06:06:29 PM

Quote from: Baanx.com Cryptobank on March 02, 2018, 05:26:28 PM

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.

Can you provide information that allows us to verify for ourselves the existence of the licenses you currently claim to have?

A56 good point .