Hi, my question is regarding banking. There has been many issues previously with banks and crypto. We have had payments and accounts blocked/closed etc. Are you guys doing anything to address this? or what discussions with banks have you had to convince us our funds are able to be deposited/withdrawn without issues?
As you can imagine the landscape has changed a lot over the last 6 months and the processes in which an exchange must provide to relevant financial institutions is now mandatory requirement.
Blockbids policy since inception is to provide transparency and accountability as any service provider must as set out by the regulatory oversight bodies for the industry.
Our mission statement is aligned with many industry leaders and the recent partnership Lexis Nexis Risk Solution has been able to provide insight of Blockbids path to bring our vision to fruition.
We are fortunate to be able to showcase this partnerships and allow financial institutions the ability to work with us in setting the bar high and providing the relevant information needed for a compliant exchange.
