Building a neobank or stablecoin business with high transaction volume and TPV is relatively easy when your KYC, AML, transaction monitoring, and risk controls are lax. You can get to momentum and grow quickly by being loose with controls. The real test comes when bad actors arrive, regulators sta
The article argues that building a compliant neobank or stablecoin business from the start is preferable to rapid growth with lax controls.
Building a neobank or stablecoin business with high transaction volume and TPV is relatively easy when your KYC, AML, transaction monitoring, and risk controls are lax. You can get to momentum and grow quickly by being loose with controls. The real test comes when bad actors arrive, regulators sta
Building a neobank or stablecoin business with high transaction volume and TPV is relatively easy when your KYC, AML, transaction monitoring, and risk controls are lax. You can get to momentum and grow quickly by being loose with controls. The real test comes when bad actors arrive, regulators sta
RT @lmrankhan: Building a neobank or stablecoin business with high transaction volume and TPV is relatively easy when your KYC, AML, transa…