Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Preico] Laccoin | Alternative to Banking Industry | Index Fund
by
AmoreJaz
on 10/07/2018, 22:23:47 UTC
Obtaining a banking license was a big problem for the bank Polibiys.  Can token LAC be used without a banking license? Thanks for any answer.

he didnt answer that directly also from this conversation.

Okay. I live in the Dominican Republic.
The product sounds very interesting. I have read your white paper. Many questions remain unanswered.
In which country is the company located?
Other than an adviser, there's no Latino on the team?
In which country is the banking license applied for?
What interface do you use for bank transfers in the LAC room?
So far there is only the Banesco which is distributed in LAC. However, they can't communicate with each other.

Thanks for answer


---
In which country is the banking license applied for?

Our primary region will be to cater to banks that can help achieve our goals in the area. If needed we will find other banks outside of the zone to get the job done.



so the legitimacy is questionable here? should at least give at least one specific answer. where they are getting now the license to operate?

If it seemed I didn't give a fully response to his question that wasn't my intentions at all.

As for the banking license, there are some countries within areas that we can apply for a Series A banking licenses. There are countries where the conditions are more favorable than others to obtain a Series A banking license. There are three options that we can choose from.

-snip
We can do this in Belize, St. Vincent and Panama. We have an ongoing talk with the Belizean government about our projects and the discussions have been ongoing as our team is a mix of people that have worked within the banking industry, and the public sphere, especially in that region.  It puts us in a perfect position to realize our roadmap and goals.  In the end, the jurisdiction which is favorable to our terms and the future growth of Laccoin is the path one that we will pick.

I thank you for your question and have an excellent day.


in short, no banking license application yet  for this project. how can you raise funds if your thread is not gaining attention from the community?  high likelihood that this will not push thru