lorenzo paruscio
1 min readJul 9, 2017

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Hi Colu,

“currency issued by Colu”

Does Colu issue new money (Colu currency pegged to local fiat) as a private bank in the form of a deposit for SMEs, as liability, or Colu mints a digitalized copy of a frozen deposit in fiat and so there’s no new supply.

Finally, is Colu a Bank or only a Payment Service Provider?

thank you

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