Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Morfin.io | LICENSED PEER to PEER BANKING and CRYPTO EXCHANGE | Low fees
by
ansi
on 06/02/2019, 17:48:11 UTC
I checked the team's background in LinkedIn & i can say it's pretty satisfying.
I can't complain about the team's Techy part to be honest.

I use an old chrome version & the team's picture contain no LinkedIn profile links, i used an updated version & problem solved .

I'll keep digging about their experience & background, but generally speaking it's great so far.
Good luck guys, waiting for more infos about the sale & the project itself.

My main question will be as this:
Do you guys have already an " electronic money institution license " or you'll be looking for one after the ICO, if that's the case what's that potential Debit Card partner (Visa or MasterCard).

We do already have. We work under an EMI agent license.
I asked you this because i'm unable to find any link or info about that license in your website or any registered license number to use it as search query.
Could you please give me the link for that to look into it, i also can't find the white Paper or even 1 pager that helps explain such stuff in short details. (i hope you guys consider doing that).

Waiting your reply man Wink


Sorry for the delay.
Our company registration number is on the website, the company is valid and can be found on the luxembourg register of commerce.
We have the contractual structure like Bitwala has with Solaris Bank. We cannot disclose more details at this time because of contractual restrictions.
A company cannot issue an European IBAN and current accounts without having a license and whithout passing an audit to be register at the autorities as an agent. (all agents are registered with the authorities like for instance FCA - UK, Bafin in DE, or CSFF in LU)
About the whitepaper we will issue a paper which will respect the structure of a prospectus which is used in securities. Such a paper will be issued before any STO will take palce.
A prospectus is a type of documentation that is required by securities regulation. In some cases (exceptions) where the risk is low the prospectus does not have to be registered with the authorities but is part of best practice to publish one to inform the potential investors about the project, the company and the risks.
Thank you for your reply, i know that the company registration number is in the website, already checked it & is registered, i was referring to the Monetary License, like the one you mentioned (FCA & stuff like that).

I hope you guys make that information public soon, before the ICO, because this legal justification(s) about that you can't disclose such info because of the RULES OF THE PARTNERSHIP...happened before with other projects & said the same things & then didn't deliver.

I hope you don't take it like i question your integrity guys, this is crypto & even Face / video reveal isn't enough nowadays to make an ICO, especially with this bearish market already.