Yes, like for Revolut or Wise.
Discussion
I have neither of these
But I am very interested in your experience
Both kind of neobanks, but Wise is very paranoid and restrictive while Revolut is more chilled regarding P2P transactions (useful for Robosats and Bisq).
Not supporting KYC also if its run by Jack. Just use nostr:npub1sqzr42dj8vx32yd5jcvvl3ytux45kl0etgf6y2ymjvmd7lqmuwmqk9vk7v KYC free to stack sats ✌️
Relai and Pocket are the best options to stack on low fee environments for people in Europe.
but you are also KYCd
Ultimately for these services to be “compliant” and to operate in Europe, there really is no way around the KYC regulations - P2P/face-to-face/zap-to-zap, is the only way.
Absolutely true. One could only mitigate the problem by locating the business in places like Luxembourg.
Does Luxembourg not have KYC regulation? The UK, obviously not in Europe now, has its own draconian KYC and other rules, which have simply driven everyone away.
Oh it does, it’s much less draconian because Luxembourg is essentially an off-shore zone 😬 Also, in many cases Luxembourg simply wouldn’t disclose this KYC data and other tax data to the EU. This is why all rich Germans live or are registered there 😂