Cryptov8 will be a UK domiciled and authorised bank using blockchain technology to bridge the gap between cryptobanking and traditional banking products and services. Our technology platforms and digital assets will improve adoption and usage of cryptocurrencies globally.
The Cryptov8 project extends far beyond any existing ‘CryptoBanking’ services that exist today. Not only will we have a universal account and wallet, our project aims to streamline challenges that customers often face, which will ultimately create the best possible route for adoption of cryptocurrencies.
We intend to bridge these currently disparate worlds to provide our customers with the widest options and first class customer service.
FCA approve a consumer credit license enabling us to provide personal loans and issue credit cards as well as carry out other consumer credit activities.
Q2 2017
Technology evaluation starts, full list of technology vendors considered. Application process for full banking licence begins.<br />
Q3 2017
Extensive market research completed to identify consumer preferences, market trends and competitor offerings.<br />
Q1 2018
Regulatory Pre-Application Process. Generation of Regulatory Business Plan.<br />
Q3 2018
Banking platform vendor selected. Full banking licence application submitted to the Prudential Regulatory Authority<br />
Q1 2019
Full banking licence Authorisation with Restriction granted. Crypto Wallet/Account Launch<br />
Q3 2019
Full Banking Licence (without Restriction) granted. Banking Services Launch. Phase 1 to include: • Current Account • Savings • Unsecured Loan • Business Lending<br />
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