Quote from: Lucius on May 09, 2020, 01:47:09 PM

Each service has its price, so I can understand that almost 1000 EUR for something like this may be appropriate price. But I would like to clarify some things, because I leave the possibility that I misunderstood something.

1. The card is issued by a bank in the country where the crypto is legal?
2. The card is issued in the name of a real person in that country, who personally opens an account and picks up the card at the bank?
3. I buy that card for 950 EUR (per year) and get it at my home address?
4. What about taxes given the amount of money that can be transferred via card? Won't the actual cardholder have to explain why he spends a possibly significant amount of money in a country he doesn't actually live in or has never even visited?

I can assume with great certainty that something like this cannot be made possible in the EU or the USA, no bank can operate in this way without being within the legal framework.

1. There are not so many countries where crypto is regulated currently. In this country it is not prohibited and is not considered something unlawful.
2. Exactly.
3. That's right, also the sim-card, which is connected to the account/card (to receive authorization codes) and a smartphone (optional, by request) with installed bank app.
4. We mainly work with NON-residents, so the individual is not a subject to tax in the country of the bank where the account/card is applied for. Besides that bank does control physical location and where the person is traveling.