NextBank: Scams, Foolishness or Reality?

By November 17, 2015Bitcoin Business

It’s been around for some time now : a new international bank is coming to town, named NextBank. It looks and feels like either a miracle or a scam. That’s why CoinTelegraph conducted a survey with experts from the banking industry to investigate the truth. Legendary future of the new banking A short introduction to the project, NextBank. They promote themselves as they will allow you to store value in 135 FIAT currencies, precious metals and, of course, cryptocurrencies . NextBank will offer a wide variety of services like international debit cards and escrow service, in reality, it claims that it will offer ALL the services you can think a bank can offer. On top of this, it will also have a help desk in 50 and more languages. NextBank, based in Vanuatu, an archipelago nation east of Australia , is planning to obtain the necessary operation licenses in the beginning of the next year. The NextBank Foundation Company is registered in Vanuatu with company registration number 300104. That is what we know from the press-release . It’s a beautiful tale to read. But who is NextBank? Opinion of experts We contacted Luca Dordolo, one of the first Bitcoin CT r: 4 entrepreneurs in Italy and long time politician, Co-Founder and CEO of BTCent and Kryptomith Ltd, who had a direct contact with the organization. He was pretty excited about this new, fully featured bank coming onto the market: “I firstly knew about NextBank a couple of weeks ago and considered the project to be really amazing. I read an article at first, then I connected with their website and finally I decided to contact their press center. It is very strange that a project that claims to give services in 50 different languages have their press center only […]

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