Comment by andai
10 days ago
Nice, cool project.
Is Monero legal in EU? I heard something about them banning private cryptos including Monero a while back but I don't know what the situation is now. (I think it might just be that exchanges are not allowed to offer it anymore?)
Thanks, and great question! I'm not sure about the whole EU, but in Portugal (where our company's based, and where we've talked with a couple of lawyers and accountants about it), you can hold, buy/sell and trade Monero, but not convert it to fiat. That's why we don't support it directly.
With our ProxyStore partnership, they're handling the crypto payments, we only invoice them for fiat and they pay us in fiat!