Great news from Leupay

[Internationaloff]

Leupay becomes crypto-friendly.thu&¤#

Read: There's nothing cryptic about crypto trading - LeuPay Blog

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[JohnLocke]

Seems they finally understand how important it is to support crypto in their situation.

 

[mrau]

Probably they always knew but perhaps Satabank was holding them back.‍ Now that they changed to Bulgaria and are basing their platform in a different financial⁠ institution, it seems they broke free.
Having said that, their new banking arrangements seems to⁤ be much weak/lame and they lost access to USD transfers once again.
I still don't⁣ know if being crypto friendly is something positive for them. The others banks may become⁢ scary to have any involvement with LeuPay and may cut them off. It seems Mistertango︀ lost it's access to SWIFT and is also having troubles to receive SEPA payments.

 

[W4rhol]

To be crypto friendly is a lack of long term vision right now for me‌ (in the actual way of the crypto business). As long as any state or corporation‍ will not handle a crypto, the banking industry will do anything possible to shut down⁠ the business who allow people to withdraw their cash in crypto.
They will make some⁤ benefit in short term, but tomorrow they can loose everything if there is a EU⁣ regulation about the income from crypto.
In my opinion that's why Worldcore have all the⁢ trouble of the world for get a new partner for the bank details.

 

[GCE]

Great news! I am impressed 🙂
I guess it was difficult to arrange the services of‌ correspondence bank considering the negative attitude of all Bulgarian bank to crypto businesses.

 

[Internationaloff]

This can be a new business opportunity for Bulgarian banks.

PS: This⁠ is my personal opinion.

 

[diablo]

let's see how long this will last! 🙂

 

[Martin Everson]

I think you are spot on. Crypto banking⁠ not possible in Malta.

Unless they become a euro currency only bank only one word⁤ describes their move into crypto >>>>> suicide.