Adding fiat corridors to an exchange.

[cmbartley]

Hi all, I think we all saw @miguel's comment about increasing XRP/Fiat volume in the Ripple ecosystem and it's something we can all get on board with. I'm curious as to what the barriers are to adding fiat pairs to an exchange or gateway like @gatehub ( @enej). Is it mostly regulatory? Is the rate limiting step finding a partner bank? I'm hoping knowledgable forum members can provide some perspective.

[Mercury]

21 hours ago, cmbartley said:

Hi all, I think we all saw @miguel's comment about increasing XRP/Fiat volume in the Ripple ecosystem and it's something we can all get on board with. I'm curious as to what the barriers are to adding fiat pairs to an exchange or gateway like @gatehub ( @enej). Is it mostly regulatory? Is the rate limiting step finding a partner bank? I'm hoping knowledgable forum members can provide some perspective.

I think part of it would the bilateral direction of the corridors, this is a long standing issue for remittance that features a heavy flow of capital uni directional

[cmbartley]

“Taiwan AML reforms & USD/Crypto Drama” This does a good job if covering what's going on with Bitfinex: 

 @gregor @enej

[Kakoyla]

@cmbartleygreat find, thank you. Doesn't make me feel any better about tether though. 

Edited April 19, 2017 by Kakoyla

[cmbartley]

Were we talking about this the other day?

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