Bittrex Global on How Blockchain and Crypto Can Help Solve Financial Inclusion

  • Date: 30-Jul-2021
  • Source: The Fintech Times
  • Sector:Technology
  • Country:Middle East
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Bittrex Global on How Blockchain and Crypto Can Help Solve Financial Inclusion

Tell me about your role within the company? I used to work in traditional finance, so in big banks or hedge funds, with a much more leveraged model of people running global financial service products but with a small team. Now, my day to day job includes dealing with regulators, as an example we obtained another license during the pandemic. Right now it’s an interesting window and as business has boomed it’s got more challenging to manage the regulation. What was the purpose of Bittrex Global when it was created? So the three founders, who still own the whole company, came from a very regulated tech based background, places like Amazon and Microsoft. What that meant was they brought a very mature team with them all with strong technology backgrounds. We started off as a US company in 2014 highly focused on security. What changed was that US regulation lagged behind the rest of the world. The EU is well ahead with a more competitive advantage. For the US, there are rules but its unclear, and most of our clients at Bittrex are based out of the US, so our offices are all over the country and we’re growing to