Bob Reid is the CEO and co-founder of Everest, a fintech company that leverages blockchain technologies for a more secure and inclusive multi-currency account, digital/biometric identity, payment platform and e-money platform. As a licensed and registered financial institution, Everest supplies end-to-end financial solutions, facilitating eKYC/AML, digital identity and regulatory compliance associated with money movement. He was an advisor to Kai Labs, the general manager of licensing at Bittorrent and VP of strategy and business development at Neulion and DivX.
Regulations are coming, and DEXs need to step it up to survive, requiring KYC to weather the upcoming regulatory storm.
Identity is the antidote for DEXs’ regulation problem
Regulators are coming for stablecoins, and the best place to start is with transparency standards for collateral and financial activities.
Regulators are coming for stablecoins, but what should they start with?