Crypto staking has been in the spotlight recently, and as a result, it is undergoing a transformation. In this episode, we are going to cover what staking is, how it works, why regulators are concerned about it, and the key elements you need to keep in mind if you are Read more…
Binance CEO CZ agreed to step down from the exchange in November 2023. He pleaded guilty to a money laundering charge and admitted that Binance did not implement proper KYC/AML processes, did not file suspicious activity reports, and knowingly allowed criminals and sanctioned individuals to transact on Binance. Binance will pay a $4.3 Read more…
Unfortunately, Apple’s policies around cryptocurrencies, in-app purchases, and NFTs have negative implications for many FinTechs. Tune in today to hear an overview of those policies, examples of the issues that companies have run into as a result, and common mistakes that founders make when trying to defend themselves. Although I Read more…
There are two main trends that, in my opinion, will impact regulations around cryptocurrencies, blockchains, and DeFi. 1). There is a very predictable cycle of how regulators approach most innovative technologies. We have seen it happening with cryptocurrencies over the last few years, and now we can see it again Read more…
VASP authorizations in reputable jurisdictions used to take 5-7 months, but you need to plan at least a year if not longer. Why? The good news is that VASP licenses or authorizations in reputable jurisdictions will become more valuable because they will be harder to get. So, if you want to Read more…
First of all, let’s agree that the term “stablecoin” has been applied extremely loosely and liberally, in a truly decentralized fashion 😉 and I have personally seen it referring to single-currency or multi-currency pegged digital assets, to tokenized gold and diamonds products, to hybrid digital products with embedded algorithmic price Read more…
Yes, you heard it right – next week on February 21st, 2023, I am offering a brand new one-of-its-kind 90 min workshop on the End-to-End Scope of Crypto Compliance and following the recent SEC actions against Kraken Digital Asset Exchange, #busd, #stablecoins, and #staking in general, I have just added Read more…
The FinTech Compliance Self-Starter Package has been fully updated for 2023 and the price goes up in just a few days on February 1st, 2023! This product is right for you if: What is included: Recorded workshops and video training: My templates are tested by dozens of FinTech professionals and hundreds Read more…
The FinTech Compliance Self-Starter Package has been fully updated for 2023! The following documents and templates had the most significant changes: This product is right for you if: My templates are tested by dozens of FinTech professionals and hundreds of participants have joined my workshops and shared raving reviews. But over the last Read more…
In January 2023, Coinbase reached a settlement agreement with the New York State Department of Financial Services and agreed to pay a $50 million fine. The settlement will also require Coinbase to invest an additional $50 million over the next two years to improve its compliance program. All the news outlets Read more…