One of the biggest mistakes that many first-time MLROs or Heads of Compliance make is that they expect their FinTech CEO or founder to become their manager and to act as a boss, and these expectations very often turn out badly. First-time or moderately experienced MLROs or Heads of Compliance Read more…
The Markets in Crypto-Assets (MiCA) Regulation was finally adopted during the spring of 2023 and is expected to come into force on December 30, 2024. Regulation (as opposed to a Directive) means direct application (without the countries having to ratify it), it will still require local regulators to create domestic Read more…
It is symbolic that the launch of the Worldcoin and the Curve hack happened within about a week of each other. They raise important questions about the future proof of decentralized versus centralized structures and how the trust is created and maintained. Worldcoin (in case you missed it) is a very 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…
If you are considering creating a decentralized autonomous organization (DAO), listen to this episode first! In it, I debunk some common misconceptions about decentralized autonomous organizations (DAOs) by sharing some of the most common use cases, governance models, and my honest opinion on whether or not it’s worth it to Read more…
Last week, SEC went after the two largest cryptocurrency exchanges and accused them of many breeches and violations: What is immensely interesting and fascinating to me is that both exchanges continue operating “business-as-usual”, there is no blaming, no admissions of mistakes. It looks like they don’t view this incident as Read more…
In this newsletter, I’d like to share with you my observations about the types of financial and pricing models that are easier to present and defend, when you are submitting your licensing or regulatory plans. I will also talk about the types of business models and financial projections that typically Read more…
FinTechs have multiple options for revenue generation, and in this episode, I am going to discuss some of the most common and easily understood revenue sources as well as some of the more complicated ones that tend to lead to pushback from regulators! If you found value in this episode, Read more…
Before we dive into this week’s topic, I am bursting with impatience to tell you about my brand new FREE and BEST EVER training series for FinTech Compliance leaders. It’s all about how to get results and make progress and create lasting success. It’s all about how to work ON your goals and not Read more…
Consumer protection, especially in recent years and especially in Europe and the Western world, has become counterproductive. Some regulators believe that we don’t need more FinTech startups because we already have enough of them and because more startups may fail and hurt consumers. I disagree. We need more startups because many financial Read more…