In the aftermath of the crash of FTX, many crypto exchanges have announced their readiness to publish their Proof of Reserves data with the aim of reassuring customers about the safety of their funds. Tune in today to hear my thoughts on this as well as the changes that I expect to see as a result of the FTX crash, the future of VASPs, and more! 

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Today’s episode:

• [00:50] The announcement that had been made by many crypto exchanges since the FTX crash and why I think it is only a minor enhancement. 
• [02:21] Why it is important for a VASP to have a certain amount of their own funds.
• [03:57] One of the issues that led to the downfall of FTX.
• [04:19] The benefits of issuing your own tokens. 
• [05:01] Factors that cause most of the problems in the cryptocurrency space. 
• [05:17] Why publishing the Proof of Reserves doesn’t address the issues in the cryptocurrency space.
• [06:48] The changes that I expect to see as a result of the FTX crash. 
• [08:42] Countries that hold a strong anti-cryptocurrency position (and the main reasons why). 
• [09:38] My thoughts on CBDC projects in their current iteration.
• [11:18] What the future holds for existing VASPs. 
• [12:28] Valuable resources for anyone interested in applying for a VASP license. 

Show links:

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