Quote from: Lucius on Today at 10:26:52 AM

Quote from: AlexPCS on May 10, 2020, 08:36:55 PM

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.

Thanks for the additional clarifications. I understand how the whole thing works, but personally I wouldn’t feel comfortable doing financial transactions through a bank account opened in someone else’s name. Taking someone's identity to avoid paying taxes is definitely a crime, regardless of the consent of the persons who agree to open accounts and sell them to other persons.

In addition, the bank can close such an account at any time if it suspects any illegal activities, and the actual cardholder can be very easily identified through cameras located in ATMs or at places where it pays via POS devices.

Thank you for reply.

Gents, the current bank system based on FIAT works on the same principles throughout the world, which eliminate the possibility to have an anonymous payment card. First of all we provide a nominee service which is an instrument that everyone is using at his/her own discretion. You are stating that nominee service is illegal, which is not correct.

Rules are explicitly outlined in the initial post. This is the crucial point of our service: if you want the product to run long and stableб without locks and additional checks, you must strictly observe the rules. Cameras located in ATMs, POS terminals are there to track and prevent crimes related to stolen/hacked cards. Nobody is going to track you if you are making a legitimate transaction.