This is my first time to hear that and just curious about how that bank account marketplace works? selfkey is not even cooperating with an institution of bank and how it can call to build the bank account marketplace?
I thought that if that can be an illegal marketplace. Basically, you just need a few minutes to open a new bank account and that doesn't need a lot of time but the mechanism that has been introced by selfkey looks very complicated for me.
I just wanna know how about the legal view for that bank account marketplace that will be made by selfkey.
Yes, it's probably the first time that you can actually open a real bank account from a cryptocurrency wallet. They have actually added banks from Singapore and Hongkong already but all of these still require personal visits but pretty soon, they said they'll be adding more banks that won't be needing personal visits though. And everything would be legal as they are still in compliance with KYC.