ChatGPT has had the most amazing growth and user adoption rates of all time. Many tech leaders agree that this platform innovation is likely going to have a bigger impact than the internet and mobile phones combined, in particular, because it offers to accelerate and simplify many processes and eliminate a Read more…
I’d like to argue that there are two main regulatory approaches in the world: regulations on “how to do things” and regulations on “how to report things”. Depending on the category of this regulation, the strategy of your compliance implementation will be dramatically different. Successful FinTech smart companies tend to Read more…
Today, I wanted to share with you my thoughts about FinTech co-founders who are also best friends and how it may become a problem for the company and the team. You often hear that the best startups are launched by founders who already worked together before, and when one of them Read more…
This is the time of the year when many FinTech startups are writing up various mandatory reports and preparing for annual reviews and inspections. Compliance reporting generates and keeps up-to-date a lot of mandatory documents that you send to your board, investors, regulators, and auditors, but despite the fact that this Read more…
When it comes to FinTech licensing, about 50% of review time is spent by the regulators on “fit and proper” assessment and the overall team organization. Furthermore, many regulators will not even commence any policy or financial plans review before they are comfortable with the team structure. Obviously, team composition, Read more…
The US regulators have recently gone to the mattresses against Coinbase, Paxos, Binance, staking, and stablecoins (…) and issued a number of enforcement. Let’s unpack it, shall we? Why do the US regulators have an issue with staking activities? Staking activities and “staking” or “earn” programs could mean many different activities. Read more…
Many FinTech experts who are my customers and students often ask me questions that have very little to do with compliance and everything to do with “political” situations at work, time and budget constraints, and assessment of risks and consequences. Hundreds of compliance experts joined my workshops, and many of Read more…
I’d like to share with you my observations about the similarities and differences between these 4 countries in terms of their FinTech regulatory approach. Ireland Liechtenstein Lithuania Luxembourg Is there something specific you’d like to know? Don’t hesitate to ask! 💭 Start listening to this episode on the Compliance That Makes 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…
I’d like to share with you the concept of Queen’s Gambit and how it relates to compliance, which is a strategy of making a significant initial investment and sacrifices to jump-start new projects and gets the momentum going. (Yes, I really liked the show and can totally relate to the Read more…