Hmmm, more like a token bank which will use its own token.
And the fees...god !!!!!...the feees !!!!
https://eqibank.com/fees/Annual Fee: Accounts <5M Maintenance 1000
Wire Transfer Fee: 100
I hope there are quite a few of extra zeros in that table or it's some sort of
Aprils Fools Halloween joke !
This is new news in my encyclopedia and before it, I had known that Venezuela is going to officially open a crypto bank for the revival of their economy that will help them tackle the challenges they have been facing in the form of hyperinflation and inflation. So this is not bad because ultimately it helps you transform things into a digital format and the more people use the banking facility, the more the demand for the coins will rise plus the knowledge about cryptocurrency will spread.