Vision: MiBank envisions creating a leading financial services industry with a modernized payment system, with the MiCoin playing a key role in achieving this vision.

MiCoin: A digital coin with the attributes of a commodity. Micoins are the native cryptocurrency of the Midas Metaverse having a fixed supply of 21,000,000 coins. Micoins operate on the Midas Blockchain

Regulatory Environment: MiBank will seek to become a registered Digital Bank in the Bahamas in compliance with the (DARE) Act, 2020 and obtain the necessary licenses from the Central Bank of The Bahamas.

The Bahamas became the first country to introduce a legal digital currency when it launched the Sand Dollar in October 2020. MiBank

Interim Measures: MiBank will function within the Midas Metaverse from day one of launch to facilitate transactions using our native cryptocurrency the MiCoin.

However, it will not function as a digital bank in the real-world until such time that it secures regulatory approval in the Bahamas.

Private Label Debit Cards: Private label debit cards are issued by a specific retailer or organization for use within their ecosystem and can only be used at the issuing entity’s locations.

Examples include store-branded cards like Target REDcard or Amazon PrimeRewards Visa Signature Card.

MiBank AI Tools: We use AI to help you learn more about investing in financial markets. Our machine learning algorithms can perform many of the tasks traditionally carried out by human financial advisors, such as risk assessment, investment selection, and portfolio management.