My online bank doesn’t support international wire transfers. I had to wire money to a local bank then go to the branch in person, twice, to wire money to my own brother in Europe.
He then had to schedule an appointment with his own bank, go in person, and justify why he received such a big transfer, mind you, it was 8k…
So yeah, it’s not about regulation. If crypto can help streamline all this, it’s a net positive
So yeah, it’s not about regulation. If crypto can help streamline all this, it’s a net positive