They keep mentioning that they will launch for citizens of non-EU countries but I've yet to see it happen. Does anyone know more about this?
Revolut CFO resigns following money laundering controversy
251–256 of 256 posts
Re: Revolut CFO resigns following money laundering controversy
#252Re: Revolut CFO resigns following money laundering controversy
#253also CEO of Revolut: "Why aren’t you working on weekends?" https://twitter.com/phillipcaudell/status/110108122935141580...
Re: Revolut CFO resigns following money laundering controversy
#254Earlier quoted context omitted.
So we just go around downvoting comments we don't agree with? Paranoid? Really? Edit: Also, I asked dude to explain to me. He/she is free to do so, I was genuinely curious. But also, yes, I am cynical when it comes to the Russian mob. I mean government.
> So we just go around downvoting comments we don't agree with? Is this that surprising at all? Discussions about this have been on reddit for years. This is the internet. No one owes anyone a civil argument or even a response, and a lot of bad faith actors are out there. > Paranoid? Really? Yes. I would categorize a comment that claims a lack of response by someone who downvoted you is assumed to be paid by Russians…
Re: Revolut CFO resigns following money laundering controversy
#255Earlier quoted context omitted.
I feel like you're missing the circular logic of your argument. The laws are crazy because banks will not self regulate. They openly allow illicit funds, so rules need to be applied to stem the source. None is blaming them for accepting funds from anyone that they come across, but there should be no confusion as to why the rules exist: because the banks will indiscriminately allow the transfer of funds from illegitim…
Nothing circular in my argument. I feel you're wilfully ignoring what I wrote.
Re: Revolut CFO resigns following money laundering controversy
#256Earlier quoted context omitted.
Revolut has the same Electronic Money license in the UK as TransferWise, meaning that the money is parked at a regular bank in the UK, but not under your own name. However, Revolut received a banking license in Lithuania in December 2018, and should soon start operating as a normal bank with the standard 100,000€ insurance, demanded by the EU. Yet, if Revolut failed at some point in the future, it's unclear how the B…
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