DeFiWarhol

BREAKING: AOC and Vitalik Buterin are reportedly dating.

Visa and Mastercard crypto neobanks might be cooked in Europe.
The EU is connecting its largest domestic payment systems into one interoperable network covering 130 million people across 13 countries.
A Wero user in France could send money directly to a Bizum user in Spain as easily as sending a text.
The biggest advantage of crypto neobanks is to make crypto spendable everywhere.
BUT, if European users are able to move money instantly across borders and eventually pay merchants directly from their bank accounts, the crypto becomes less valuable in this equation.
Why hold USDC, pay conversion

My friend is looking for his first crypto card.
What should I tell him?

Interested in launching your own neobank?
It’s definitely not as easy as it looks. Some obstacles are surprisingly hard to overcome.
Here’s what it takes to get one running:
1⃣ Licensing
Pick a country, secure the required licences, or find a regulated partner willing to support the product.
2⃣ Banking Infrastructure
Set up customer accounts, transfers, top-ups, withdrawals, and regulated custody for customer funds.
3⃣ Card Issuance
Find an issuer, processor, and card-network partner, and set up support for Apple Pay and Google Pay. The diagram below shows how many parties sit behind the card