but Forty Seven is working with blockchain and crypto as mentioned in their slogan "connecting financial worlds" they want to be the pioneer bringing all services of an usual bank but in addition offer several services for crypto.
official Banking license and regulations respected
Yes, we will be compliant with it. Forty Seven Bank will be a fully digital innovative branchless financial institution which complies with all EU directives, Basel III, Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England requirements.
impressed
just read the city where I'm living at (Basel) and after some Research I saw that Basel III is a Regulation by the BIZ which is also located here in Basel.
I must say that this Project looks very promising. A lot of Projects are around there which want to setup a "bank" but I'm sure you can not ask them are you respecting the Basel III Regulation and they even know what this is! I'm working in the Banking sector here in Basel and blockchain/bitcoin is a daily mentioned topic here