FinTech and Crypto startups constantly think of user acquisition which is why they frequently offer referral programs or run marketing campaigns rewarding new users who just sign up. Unfortunately, the majority of these referral or reward programs are poorly structured and end up attracting 1% of the genuine customers interested in Read more…
FinTech companies rarely can survive without banks, processors, and other financial partners. The more the merrier. Today, I’d like to share with you my view on having too many partners and how do you know when it’s too many. One notorious example of an epic failure with too many too-big-to-fail Read more…
It is my opinion, and the opinion of many experts who have been working in the space for a long time, that the new US Crypto bill is flawed in many ways. The bill makes assumptions and proposes to impose regulations which, as I will explain today through a number Read more…
Today, I wanted to debunk a widely-held industry myth that everyone who has customers from Germany needs to arrange for a custodial solution in Germany and register with BaFin. THIS IS JUST NOT TRUE. I get why you may have this idea. In fact, it often happens in the financial Read more…
Have you heard about the new Crypto regulations that are coming? Yana explains what they are and what they mean for Crypto companies. She believes the regulation will harmonize requirements from country to country with a single regulatory regime that will cover different types of crypto services. Yana shares that Read more…
Have you been thinking about investing in Bitcoin? Listen as Yana discusses the announcement that PayPal recently made in Europe about their partnership with bitFlyer. Yana also explains what that another announcement means for PayPal customers in the U.S. and how it affects you if you want to buy cryptocurrency. Read more…
I shared earlier that, in my view, the Liechtenstein Blockchain Act is a very advanced, helpful and comprehensive legislation, providing a lot of clarity for market participants. However, as everyone moves into implementation, most FinTech startups I talked to, run into some level of ambiguity with the following critical questions: Read more…
Since we just recently talked about Block.one settlement, we obviously cannot ignore Telegram vs SEC battle, right? Here are some of the facts and my interpretation thereof: Telegram started raising funds in early 2018, to build their TON blockchain. They raised about $1.7 billion via private placement from qualified professional investors Read more…
Yes, you heard it right – EOS may have raised ~$4 billion via unlawful securities offering, but they only had to pay $24 million in fines You might be wondering: if they did something wrong, why they paid so little, and if they did not do anything wrong, why did Read more…
On August 26th 2019, FINMA issued additional guidelines to clarify Swiss position with respect to AML/KYC requirements as they relate to blockchain-based transactions. As a reminder – this comes as an aftermath following FATF requirement to mandate so called “travel rule” to be applicable for blockchain transactions, which essentially Read more…