Michael Pearl interviews Wee-Siang Lee, Executive Director (On Board of Directors), Head of Singapore Compliance & MLRO and Deputy MLRO of UAE at Paxos.

They discussed the intersection of compliance, regulation, and innovation in the crypto space.

They also explore Wee-Siang's journey from traditional finance to the crypto world, the role of Paxos in the stablecoin ecosystem, and the regulatory challenges faced by stablecoin issuers.

The conversation also delves into the mechanisms of stablecoin issuance, the importance of operational hygiene in preventing hacks, and the compliance measures necessary for cashing out stablecoins.

Additionally, they discuss the evolving landscape of scams in the crypto industry and the differentiation between Pax Dollar and Pax Gold.

(01:12) Wee-Siang's Journey in Compliance
(04:33) Paxos: Infrastructure and Regulatory Framework
(08:46) Regulatory Landscape for Stablecoins
(11:41) Challenges in Multi-Jurisdictional Regulation
(14:56) On-Chain Mechanisms of Stablecoin Issuance
(18:58) Protecting Smart Contracts and Operational Hygiene
(23:25) Compliance Measures for Cashing Out Stablecoins
(27:04) Understanding Scams and Fraud Prevention
(30:46) Differentiating Pax Dollar and Pax Gold

The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Binance, Ledger, BitGo, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.

Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.

Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠⁠

Michael Pearl interviews Sebastian Heine, Chief Compliance Officer and MLRO for UAE at Mantra Finance.

They discuss the evolving landscape of compliance in the Web3 space, the unique position of Mantra in the blockchain ecosystem, and the importance of regulatory frameworks for tokenization and decentralized finance.

Sebastian shares insights on the role of compliance in ensuring the safety and security of blockchain operations, the challenges of anti-money laundering in DeFi, and the future integration of traditional finance with decentralized finance.

Chapters:(00:30) Introduction

(03:00) Sebastian Heine's Journey in Crypto Compliance

(05:59) Understanding Mantra's Unique Position in the Blockchain Space

(09:00) The Role of Compliance in Decentralized Finance

(11:47) Licensing and Regulatory Framework for Blockchains

(14:47) Managing Risks and Liabilities in Blockchain Operations

(18:09) Anti-Money Laundering Strategies in DeFi

(21:01) Tokenization of Real-World Assets and Legal Implications

(29:59) The Future of DeFi and TradFi IntegrationThe Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Binance, Ledger, BitGo, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.

Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.

Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠⁠

Michael Pearl interviews Alexey Tyupanov, CEO of Shift DeFi.

They discuss Alexey's transition from traditional finance to the decentralized finance (DeFi) space, the unique risks associated with DeFi compared to traditional finance, and the importance of building a robust rating model for DeFi protocols.

Alexey emphasizes the need for improved user experience and trust in the DeFi ecosystem to attract a broader audience.

The conversation also covers operational risks, monitoring strategies, and the future of DeFi as it seeks to bridge the gap with traditional finance.

Topics:(00:30) Introduction to Alexey Tyupanov
(00:59) Journey from Mathematics to Crypto
(04:20) Understanding the DeFi Landscape
(06:02) Building Shift: A Bridge to DeFi
(08:44) Liquidity Provisioning in DeFi
(10:13) Risk Management in DeFi
(21:06) Developing a Rating Model for DeFi(30:48) Monitoring and Reporting in DeFi(35:25) Making DeFi Accessible for Everyone(38:25) The Future of DeFi and User Experience

The Podcast is sponsored by Cyvers - the leader in threat prevention and mitigation in Web3, leveraging AI-driven technology to help industry leaders like Ledger, BitGo, 21Shares, and Crypto[.]com prevent hacks, fraud, scams, and compliance challenges.

Cyvers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.

Learn more at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Cyvers.ai⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a call⁠⁠⁠⁠