Fiat On-ramping to Accelerate User Acquisition | European Blockchain Convention 9

In this insightful panel discussion hosted by a journalist and broadcaster with over seven years of experience in the cryptocurrency space, three industry experts delve into the crucial role of fiat onramps in onboarding new users for crypto-native businesses. The discussion emphasizes the challenges faced by cryptocurrency companies in obtaining traditional banking services and payment rails, making third-party services vital.
Jana, representing Openpayd, highlights the importance of bridging the gap between traditional financial institutions and the crypto world. Samuel emphasizes the need for specialized actors in the crypto space and the role of community-building among industry players. Szymon emphasizes the significance of technology and specialization in addressing regulatory requirements and creating a seamless experience for users.
The panel touches on the complexities of getting banking accounts for crypto businesses, emphasizing the importance of partnering with specialized providers. They discuss the evolving regulatory landscape, with a focus on the upcoming MiCA regulations in Europe. The conversation concludes with a consensus that technology, compliance frameworks, and community collaboration are essential to driving mainstream adoption and creating a smooth transition for users into the crypto-enabled products and services.
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Speakers:
Gareth Jenkinson | Cointelegraph (moderator)
Szymon Sypniewicz | Ramp Network
Samuel Rondot | Damex
Iana Dimitrova | OpenPayd
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