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RE: How to convert Steem/SBD to USD/Euro more efficiently

in #blocktrades7 years ago

We've recently started looking into what it will take for us to support sending USD/Euro. The primary issue is we will need to obtain a money transmission license and set up the necessary software to support KYC/AML requirements for such transactions.

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@blocktrades - Yes - I imagine that some form of financial control authority will then get involved. That is not so good for a decentralized currency based platform but I guess if the influence is kept limited then it would be a great service for Steemians to use
I am a relative newcomer to Steemit and am still trying to learn a lot of things. Therefore, I may not understand all the issues that you experts understand but I surely appreciate all the efforts you are putting in for providing support to Steemit in various ways. Kudos.

I am so happy to be interacting with the legendary @blocktrades. Us newbies can only hope to catch a glimpse of you sometimes and count our blessings if you happen to see one of our blogs. :)
Cheers. Wish you a great day.

@blocktrades service is always impeccable @vm2904