as I read in white paper Cryptoriya allowed users to exchange their any crypto curency in real time.
The users can spend or withdraw in the ATM and does not need to maintain a minimum balance.
I must say sounds good, unlike in my country you need to maintain a minumum balance of 2k 5k 10k peso but
if you have no money to maintain this kind of amount and you need the bank for remittance and now your card is closed,
now they have Cryptoriya is the first blockchain offer this to make a new platform an easy access and less effort.
yes this is good features we have here but they maybe will have problem will some regulation in some country cause at this moment not all gov. agree and legally accepted crypto as payment also some of them not support for crypto transaction. cmiiw
but after all this idea was kinda great it can cut a lot of rules just like you say
Crypto to crypto, no prob, not sure about minimum balance for the card, though. There are disclaimers in the wp of all projects I believe regarding crypto as not being a security investment, and that some countries which ban it are not allowed to participate. However, cash is still legal there, and the card issued is also legal since it's visa or mastercard, so there is a possibility of directly using your card to to purchase probably with equivalent crypto amount in fiat.
Probably we can use debit card for transaction anything that is legal by our government. Cash is legal i think coz we're using peer to peer transaction here. However there are countries that they ban crypto for transactions.