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Re: [Taler] The road to running a Taler Exchange coop in EU?

From: Christian Grothoff
Subject: Re: [Taler] The road to running a Taler Exchange coop in EU?
Date: Mon, 1 Nov 2021 10:53:11 +0100
User-agent: Mozilla/5.0 (X11; Linux x86_64; rv:68.0) Gecko/20100101 Thunderbird/68.12.0

Dear Ivana,

Thanks for your input. Our current strategy is to partner with (banking)
institutions that already have an electronic money issuer license,
instead of spending an (IMO excessive) amount of resources on becoming
one ourselves.

So I would encourage you to try to convince existing (cooperative?)
banks (and central banks) to deploy Taler, instead of creating a new
bank just for this purpose.

My 2 cents


On 10/31/21 6:34 PM, Ivana Balazevic wrote:
> Hi all.
> I recently came across Taler and love the idea of running a commercial
> Taler exchange in EU.  But where to start? 
> HereI found the guidelines for applicants wishing to apply for a license
> as Payment Institutions or Electronic Money Institutions and thought I'd
> share it
> https://www.eba.europa.eu/sites/default/documents/files/documents/10180/1904583/f0e94433-f59b-4c24-9cec-2d6a2277b62c/Final%20Guidelines%20on%20Authorisations%20of%20Payment%20Institutions%20%28EBA-GL-2017-09%29.pdf?retry=1.
> It can be done by anybody who has the required resources, knowledge,
> experience, and who fulfills all the conditions.
> My plan is to slowly comb through it in my spare time to broaden and
> deepend my understanding of what exactly would be needed to run a Taler
> exchange as a coop where both workers and users would have a say in how
> things are done.  That would be a nice innovation in fintech...
> If anybody else feels like playing, then please join the fun.
> At the moment I don't have any budget for it - so not able to pay
> anybody (not even myself) but I hope there's going to be some interest
> anyway and with time and persistence, a way will be found to raise the
> necessary funds, recruit people, hire servers and premises etc.
> Looking forward to playing with you.
> Take care.
> Ivana

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