The statement asks if regulators «are determined to prevent the existence» of the whole industry, or whether exchanges will be given the
same access to banking services that other businesses take for granted.
Secondly, Rea said, when cannabis businesses obtain
full access to banking services, startups will see their valuations rise, «because right now no one can finance acquisitions and investments.»
Rootstock aims to use its sidechain to create a system of smart contracts powered by Bitcoin, which will allow for things like p2p microlending for people in developing countries
without access to banking services.
New Delhi, India About Blog Cash Suvidha is a trade name of Usha Financial with an aim to uplift the families who do not have
access to banking services as well as SME's.
Nearly 80 % of the country's population does not have
access to banking services, according the international research agency, Enhancing Financial Innovation and Access.
For communities in underdeveloped countries with
no access to banking services, it means a whole new way of empowerment.
«People in rural communities in Upstate NY,
access to banking services is very important and I want to make sure that that's not minimized either,» he said.
Yosie, perhaps you could expound on why some members of this group do not have
access to banking services or why they refuse to have a bank account, particularly when banks are required by law to provide bank accounts to all who request them.
BUDA and Crypto MKT further noted that it should be determined whether cryptocurrency - related companies should have
access to banking services, or if the banks are «determined to prevent the existence» of these companies.