projects that promised to compete in the banking system or become a bank on the blockchain showed that this is unrealistic. im think this project will achieve similar "success". the reason is all the same regulators who are pressing and the legislative framework that is not ready to make such a decision.
We are not planning to become a "bank". We do not like traditional banks (and I can say that as an insider since I worked for banks for 10 years!). We leverage the characteristics of the blockchain to perform banking functions. Regulators and/or legislators ignorance or inefficiency is not a valid excuse when changing the world is on the scale.