Whereas the bushes are trying naked, this might be our fullest media report of 2022 up to now.
October noticed thought exercise all through our management crew, as members continued to share well timed insights on the problems shaping the crypto ecosystem. CEX.IO Founder and CEO Oleksandr Lutskevych appeared 3 times within the Cointelegraph Innovation Circle to supply observations on the Ethereum Merge, unpack how regulators can strategy the digital asset house, and reveal what key takeaways DeFi ought to glean from TradFi.
Moreover our COO, Konstantin Anissimov, helped clarify how the brand new U.Okay. Prime Minister, Rishi Sunak, may additional crypto adoption within the area, and the way BTC can perform as an inflation hedge.
We additionally invite you to affix us in congratulating our World Head of Compliance, Shelley Schachter-Cahm, who was shortlisted by GRC World Boards as a “Chief Compliance Officer of the Yr.”
Under are a collection of our high media hits, in addition to a obtain hyperlink to CryptoCompare’s latest Alternate Benchmark report. The piece outlines how CEX.IO maintained its “A” score and High 10 standing throughout the trade, in Q3 2022.
On October 6, CEX.IO Founder and CEO Oleksandr Lutskevych joined the Cointelegraph Innovation Circle to debate how the crypto trade might take a web page from conventional markets to fantastic tune operations. From solely itemizing vetted initiatives, to selling transparency throughout the house, Lutskevych highlighted how studying from TradFi may imply not repeating its errors.
“Speaking the integrity of your trade’s vetting course of is important to establishing belief locally. The subprime mortgage disaster within the U.S. demonstrated the chance of valuing junk belongings. Nevertheless, by making certain solely sturdy, wholesome listings make their manner into the market, customers can really feel empowered to strategy your instruments and companies with renewed confidence and peace of thoughts.”
On October 8, Konstantin Anissimov, COO for CEX.IO, spoke with Cointelegraph to debate the validity of Bitcoin functioning as a hedge in opposition to inflation. Cautious to keep away from the pitfalls of informal utilization, Anissimov identified that BTC’s benefits within the present monetary panorama are relative to how we speak about inflation. Sadly, some issues are larger than economics.
“The roots of value inflation will be embedded within the geopolitical panorama and the ebb and move of the worldwide financial system. These are factors that few belongings are shielded from, with BTC being no exception. Whereas BTC might help hedge in opposition to sure varieties of inflation, some nuance is required to unpack that sentiment.”
Final month, CEX.IO’s World Head of Compliance, Shelley Schachter-Cahm, was shortlisted by the Ladies in Governance Danger and Compliance Awards as a “Chief Compliance Officer of the Yr.” The ultimate winner might be introduced at a ceremony set for this coming February in London.
View the whole award listings and classes right here.
On October 10, Wealthy Evans, Managing Director for CEX.IO’s Prime Liquidity platform, spoke with Hedgeweek to debate how corporations can thread the needle between having a aggressive edge, and remaining within the good graces of regulators. Since a part of this course of requires assessing initiatives on a person and ongoing foundation, Evans addressed the position exchanges can play to advertise a wholesome digital asset ecosystem.
“Nevertheless, Evans explains the reply to assuaging these considerations lies in placing a stability between portfolio diversification and danger administration. It is usually essential for exchanges to maneuver towards solely itemizing credible initiatives. ‘This fashion, we will hope to seek out frequent floor that mixes guardrails and scrutiny with ample room to develop and ideate,’ he says.”
On October 11, CEX.IO Founder and CEO Oleksandr Lutskevych returned to the Cointelegraph Innovation Circle to debate how the crypto group can interact within the aftermath of the Ethereum Merge. With a lot buzz and evaluation circulating across the occasion, Lutskevych referred to as for transparency and steering from platforms, as we develop to grasp the ramifications of this momentous achievement.
“With ETH poised to see destructive inflation and develop into much more amenable to staking following Merge upgrades, ensuring market contributors really feel supported and knowledgeable all through this flux interval is essential to sustaining confidence within the community. Platforms that provide steering to customers of all talent ranges to interact with a completely PoS Ethereum community might be remembered for his or her stewardship.”
For extra perception on the ETH merge, obtain our Q3 2022 COMPASS report.
Additionally on October 11, CEX.IO’s Head of Company Funds, Arina Dudko was interviewed as part of Fiat Republic’s Crypto Legends sequence, discussing her journey from TradFi to DeFi.
With expertise guiding people and establishments alike between fiat and digital currencies, Dudko elaborated on why constructing a cost technique round accommodating person wants is the way in which ahead.
“We’re led by our customers, and we’re constructing our technique primarily based on shopper wants. Earlier than, crypto was one thing for less than a small quantity of shoppers, extra web native clients. However now, crypto goes mass market, and our purchasers are needing the identical cost choices they’ve, for instance, once they’re shopping for meals on-line, shopping for garments on-line, and we’re simply attempting to listen to the wants of our clients when it comes to protection of areas, cost strategies. We expect that is the important thing.”
On October 20, CEX.IO maintained its “A” score and “High 10” standing in response to CryptoCompare’s Q3 2022 Alternate Benchmark report. Moreover, CEX.IO obtained the best potential score for providing KYC/Transaction Danger safety.
Learn the total report back to discover CryptoCompare’s rubric for fulfillment, and the way CEX.IO is constant to convey house outcomes.
On October 25, CEX.IO’s COO Konstantin Anissimov spoke with Yahoo!Finance to debate the shifting terrain of U.Okay. politics, and what it means to have a possible crypto ally at 10 Downing. Nevertheless, for Sunak to ship on his promise of turning the U.Okay. into a worldwide crypto hub, Anissimov advised a couple of key developments and elementary questions that should come up, and be addressed, to make this dream a actuality.
“If Sunak is eager on realising his dream of pivoting the UK towards changing into a world-class crypto hub, we should see readability on what position the non-public sector will play on this new regulatory panorama. Moreover, defining how and to what extent the federal government plans to step in to guard market contributors and institutional stakeholders alike would sign a real sea change for the UK’s coverage towards crypto.”
Lastly and in addition on October 25, CEX.IO Founder and CEO Oleksandr Lutskevych accomplished a trilogy of appearances with one other journey to Cointelegraph’s Innovation Circle. This time, Lutskevych mentioned how regulators might shield the ecosystem by assessing the viability of initiatives. Absent regulatory steering, Lutskevych voiced the necessity for platforms to take care of a excessive stage of scrutiny and vigilance to guard the worth and belief of all market contributors.
“One of many locations we might use extra transparency and oversight considerations the viability of initiatives. Any new resolution dropped at the DeFi market ought to be accountable for sustaining the integrity of person info, worth and belief at each stage of the crypto journey. Till regulators step up, exchanges and funding platforms should get higher at discerning reality from monetary fiction.”