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Recent content by ashkoba

  1. ashkoba

    Regulatory possibility of fiat lending from crypto collateral

    thanks @JohnnyDoe - I'm guessing that's why MELD is crypto licensed in Zug (to my knowledge). I guess you are also confirming there would be no regulatory prohibitions for such a company: i.e. that banking licenses are obtainable for companies with declared crypto offerings.
  2. ashkoba

    Regulatory possibility of fiat lending from crypto collateral

    thanks @jakubko666 - I had no idea about them. Nexo (Unlock the Power of Your Crypto • Nexo) appears to be just a lending company holding crypto assets as collateral, rather than a crypto-based EMI empowered to offer loans (i.e. the other way around of what I was describing: the 13.9% maximum...
  3. ashkoba

    Regulatory possibility of fiat lending from crypto collateral

    Some crypto investors I know have been discussing a startup company whose unique selling proposition was originally to provide short term loans collateralised by longer term cryptocurrency deposits. Their business plan is considered technically, economically and mathematically well-designed but...
  4. ashkoba

    European Commission forces across EU tax changes to curb Aggressive Tax Planning practices - Malta

    And the most effective way to prevent those unwanted childbirths is to follow the EU mandates and get the so-called "vaccine."
  5. ashkoba

    Alternatives in same market segment as SpectroCoin?

    thanks @drysky - though I still hope to attract some experience in this thread from people who have looked at the cost of using SpectroCoin & similar services: not merely whether they do the fiat-to-crypto conversion without difficulties. I'm not surprised SpectroCoin can convert large amounts...
  6. ashkoba

    Alternatives in same market segment as SpectroCoin?

    I'm not caught up on every thread about SpectroCoin that's ever been posted here, but first I wanted to say I've found them to be a helpful service this year to directly connect cryptocurrency transactions with a mostly reliable IBAN/SEPA account: offered in the customer's own name, so they can...
  7. ashkoba

    dear Gedmindas, I have an Indian friend who is looking to make a sizeable crypto purchase ASAP...

    dear Gedmindas, I have an Indian friend who is looking to make a sizeable crypto purchase ASAP with only Indian accounts, credit cards, and KYC related information. We believe your knowledge of the EU based jurisdictions is key because of the blocks to crypto exchanges that the Indian banks...
  8. ashkoba

    Spectrocoin the APP and website, good and bad!

    Thanks to @Gediminas my customer service request was prioritised and has finally been completed. There was something unanticipated by the developers about how my mobile number was working for IBAN validation in their system, and it took them nearly a month to fix but they never gave up. Now...
  9. ashkoba

    Spectrocoin the APP and website, good and bad!

    That's why we were interested in them. So far they have not been able to approve the release of an IBAN after eminently qualifying for one (passing KYC + verifying phone number). When the time comes to send a further SMS to that already verified phone number to verify the IBAN, the web site...