So there we go with this podcast
i am here with mariana gaspadinova
general manager of crypto.com in europe
if i'm right
crypto.com that company which has been
making waves
over the crypto space during the last
few months
channeling more than more than 2 million
users if i'm right on their applications
and deploying a card which has been
so far keeping up with it with its i
mean like with its promises i've been
using it personally
and it does work great so i'm pretty
happy to have you here
because uh there has been a lot of
demand
about um for informations dealing with
the crypto.com products basically
so i'm pretty happy to have you here and
we're going to start this interview
with a few questions about yourself who
you are
so yeah please introduce yourself your
own way
as um for starters that would be
interesting to have this
sure hi samia and thank you so much for
having me on the podcast
um i think you did a very good
introduction of myself and you you kind
of even pronounced my name correctly so
um my name is mariana gospalinova and
as you've rightfully mentioned i'm the
general manager for europe
for crypto.com um who i am i'm
bulgarian i was raised in bulgaria
studied
in the capital in sofia and
well i am recently as you know the
general manager for europe at crypto.com
and um i am a really huge fan of
any kind of new innovative payment
systems
um and i'll explain why that is it's
because of my background
um i come from the financial services
industry
and uh more precisely from the payments
industry
as such um and even my entry
into the crypto world was somehow
related to that um
so yeah that's enough to tell who i am
all right so so that's how you get like
brought to the crypto space through a
first experience in payment systems
that yeah that's that's thanks to that
you got your first contact with that
universe
all right that is true it was very funny
it was actually with a french
company so my ceo at the time uh it was
2017
and he told me hey marianna you have to
research
how do we do crypto payments on our
platform so um
i was running the operations for the
first emi in malta
and at the time when my ceo told me you
need to find someone to process crypto
of course i
read um about crypto but i haven't
really experienced
it myself so i started researching for
companies and the first company that i
met was um
i i met you goal and i don't remember
quite the name of the other guy but
the guys from bitted the french company
they were very young
very entrepreneurial and they were at
the time
um offering transfers in bdc and
ether so that's um my research into
crypto
actually got me extremely interested and
then i invested small amounts
myself uh in 2017 and obviously
in 2018 malta uh
became sort of the blockchain island
attempted to be the blockchain island so
plenty of the top crypto people
were gathering in malta already visiting
conferences
um and in 2018 um that's
how my crypto career started when i met
cz on the ground here in malta
and shortly after i joined finance as
you know
yeah yeah that's really cool like that's
pretty cool
so a more like professional oriented
question
how would your friends describe you and
what's your typical day like
at crypto.com you must be dealing with a
lot of problems
and good things too yeah great
well um we should ask my friends really
i think one thing that they think about
me is that um they can always count on
me and i'm always the one to organize
stuff
and i know they think i'm way too
determined
to do the right thing um and to do
everything
um as neat as possible so there's a
little bit of perfectionism
uh that i'm fighting with on a daily
basis
when it comes to my professional life um
my day starts very early um
i'm actually a long distance runner
although i'm taking a little bit of a
break so i wake up very early
and due to an injury i can't really run
that long
anymore but i do start with some
exercising and then
um straight to work and right now to be
honest with the quarantine and everybody
being kept to the confinement of their
own homes
i find it very beneficial because i
don't have to commute
so i can start working earlier and my
day is
normally rather packed and as long as
anybody's day
and i'm guessing especially when you
work from home but
it always starts with looking at numbers
and then looking at
what's the most important thing to do
for the day so i'd like to split my
tasks
by importance and i always start with
the most difficult stuff first
so by the time i have lunch and i'm a
little bit more tired
um i don't have to focus on two
important stuff obviously plenty of
meetings with the team
and external parties and
yeah that's just just a normal working
day i would say
well thank you for these points about
the way you handle your your daily
work life let's say before we get into
proper business um i would like to ask
you if you have any
tips or advice to give to people who are
getting started with cryptocurrencies
based on your ex
i mean like based on your own experience
or on your own vision
any any hint you can give
sure uh one thing i would like to tell
everybody
is just don't be afraid and read a lot
about the projects that you want to
potentially invest in
and crypto is really bridging the gap
between the more financially
i would say educated people and the rest
of the world
where it allows people to invest without
having to contract any brokers without
having to ask their bank about it
it's really easy to enter the crypto
world it's really easy to invest but
what matters is that you have to read
and you have to believe in a project
read about the founders read about the
project if you like it
just invest in it and i know
not everybody is a trader i'm not a
trader myself i'm a holder
and um i would say if you
really believe in something just take
the warren buffett approach as
controversial this is to the crypto
world
um and just hold an asset on the long
run
until you make a really good profit and
it doesn't matter what
amount you have to invest it
you can start with 10 euros you can
start with 100 euros or with 10 000.
it's up to you
just break that barrier and don't be
afraid to invest
because education is key once you know
more about the projects once you get
into crypto and you read more and more
you will get more confidence and maybe
invest in more assets
so yeah now let's get into the serious
topics
uh let's talk about what's happening
with crypto.com what did happen and i'll
start with the first question
one first thing uh one first matter
on which i've been receiving a lot of
questions and everything the wire card
incident
now we're i guess we're in september and
that sounds like a thing of the past
it's all like behind because the cars
are still functioning and everything is
back
to normal but yeah i've been receiving a
lot of questions and still
i do get and i do see some little
comments of people
which are still thinking that workout is
still managing crypto.com's business
or that it's still something going on
it's still a risk uh
what would you sell i mean what would
you say about that how do you hedge
yourself against this event
i mean who could have thought that a top
30 germany company
would like sink down this way how do you
how do you select your partners overall
what's your point about the work our
topic
and what would you say to people who are
still concerned about that
sure i mean um the demise of work arts
was a shock to everybody it was a shock
um first and foremost to the german
regulator into the german stock exchange
because they were shelling it really
hard and it was the first technology
company
that actually made it to the dax 30 list
and it came as a surprise to us as well
we alongside tons of others program
managers with wirecard were
hit really hard in the beginning by what
happened
but i have to say we always have a plan
b
and as you know we have been working on
obtaining our own visa license visa
issuing license
which is going on pretty well and then
um on the other hand
um as we have announced earlier um last
month
we are already working um and we're
already progressing
with replacing wirecards in both regions
where wirecard was our issuer so one of
them is
europe and the uk and the other one is
singapore
um as we have said in europe we are
really quickly progressing and having a
new issuer
we hope to have a new new issuer in the
next month maybe month and a half
because it takes a while to
move our card bins from one issuer to
the other
but um as i've said we have contingency
plan for that so we're not solely
relying
on what wirecard has been offering to us
same applies to singapore
where we're in a more advanced stage of
replacing the issuer
so our customers should rest assured
that we're doing
everything possible to be able to remove
ourselves from our cards as soon as
possible
and obviously to make sure that the
cards the card service is not
interrupted and the cards are
running as normal all right well um
that's pretty relieving to hear that
and uh yeah i hope that that will uh
that will eventually
uh also relieve people who are watching
this video and we're really worried
about
uh the relation between crypto.com and
wirecard one thing for sure
you've got everything under control and
that's a good thing
and now let's skip to i mean like let's
switch to another question
there is a myth going on about
crypto.com where
how do they manage to give back so much
to their community
whether it is through the syndicate
events through the cash back
through the fee waiver when you're
buying cryptocurrencies
through the high rebates when you're
buying food in europe for instance
how is that i mean like how is that
possible that's what people have been
asking
yet i think that recently we've started
we're starting to see a lot of companies
which are offering the same thing as
crypto.com in terms of cashback so
i don't think if i'm not sure if the
question is up to date but i think it
would be very relevant to give
some insights to people on what is like
crypto.com philosophy on giving back to
the community
and how is crypto.com funding its
actions what is the strategy the vision
could you could you tell us more about
that place
sure so as you know everything actually
requires great people to come up with a
couple of good ideas and then
meticulously execute them i'll take a
step back
when i try explaining how come we're
offering so much to the community
if you look at how crypto.com started we
weren't one of the typical
crypto companies we burnt an exchange we
launched a payment company in reality
and this payment company
always had the idea of bridging the gap
between crypto and the traditional
finance
so what we actually bet on when we
created the company is
making sure that we have a product that
speaks to absolutely everybody not just
to the crypto heads
but to every single one of us and
um having the card as the first offer to
build
was really key for us because to date
it's the stickiest product
and yes you're right we have a lot of
incentives up to five percent cash back
um
netflix and spotify and amazon prime um
being refunded if you're paying with
your crypto.com card
together with the airport lounge access
so we're giving back to the community a
lot
and by doing that we did it not just
because we
listened to what the crypto community
had to say but we also listened to
how everyone in the world is
assessing the banking services that
they're using it is true people have a
lot of access especially
more advanced countries to challenge our
banks to
different sorts of prepaid cards but we
are the only ones who give
that much cash back and you've mentioned
people copying us
it's very easy to copy the best isn't it
um i mean
if if you look at the world historically
you don't have to reinvent the wheel
you can just try and mimic what others
are doing and that's okay
the industry allows for more than one
participant to offer the same perks
right
what matters is though that the way we
have built our product
is based on a very strong foundation of
compliance and security
um when it comes to our product so
our cards will most likely
soon be issued
under our own issuing license to start
with but
that's not the only thing the platform
itself has a number of certifications
and when i say the platform
it's not just one chunk of it it's the
whole holistic platform that supports
all of our products
have recently had the um i saw that
the latest iso certification in terms of
data privacy
i believe we were one of the first
companies in the world to obtain that
iso certification
then um we also have the iso 27001 2013
certificate which is the benchmark and
information security
um we have a level three cryptocurrency
security standards
we are pci dss level one certified all
of this
speaks of the commitment to security and
compliance to the commitment of building
a strong foundation
upon which you can offer different
services because if you're just
if we speak about just launching a card
or launching a fiat option
it's not very difficult for anyone to
use it there are easier ways and harder
way to do that
and i have to say that we took the long
way
sometimes it took a long time to deliver
the product
but it's because we're doing the right
thing
we are stepping on a really strong
foundation
all right well that's a that's an
interesting reply and i guess that it
doesn't fall into
into the idea of pretension to say that
if an idea is created is being copied
and clearly i think that the crypto
income product
had some had some good success had some
good momentum and
i guess a lot of people have been like
subscribing to the products
and yeah if we're seeing like other
companies using the same thing it
probably is because
it is viable economically speaking and
that it has proven to be a
decent acquisition uh method i mean like
you know
in france in general we're not used to
this kind of incentive driven marketing
which is very generals and so on
when it looks like that to us most
oftenly for a lot of people
it is associated with like a ponzi
scheme whatsoever
and people tend to be very rigid and
straight with that which in my humble
opinion is a mistake
but um i think it was very relevant to
have uh
to have a few words about this um this
money myth
uh associated with crypto.com yeah so
you've been speaking about how seriously
you guys uh
consider the compliance if the
compliance factor
uh when you design your products and
everything and
i'm going to speak about the legal from
a framework in europe like
uh has it been an obstacle to your
growth to get everything
set is it harder to develop your product
in our region for instance i mean like
in western europe
are you dealing with more problems
regulators whatsoever
well we all know that europe has always
been
one of the regions across the world that
had a more stringent regulation when it
comes to anti-money laundering and
financing of terrorism and that comes
for a good reason
as you know uh this type of regulation
all started
with the unfortunate events that
happened in during the 9 11
and then europe sort of followed the
laws that were issued in the us
at the time to counter the financing of
terrorism and to hopefully prevent
people
from using funds to source such deeds
we take compliance very seriously we
actually have a number
of efforts across the world not just in
europe but also in key regions for us
uh where we're seeking to be regulated
um in various stages and more advanced
some
more in the beginning of seeking a
license
um i'll give an example about the two
licenses that we're seeking to obtain
from the mfsa in malta one of which is
um
a crypto license as you know malta is
one of the few countries that have
a crypto regime under the vfa act we are
trying
to remain as compliant as possible with
all local and international
regulations and we know that this is the
only way forward as i mentioned if you
want your product to succeed
and if you want to be existent on the
long run and to win the trust
of your users you have to be compliant
and
yes europe is one of the toughest place
to to remain compliant
and probably the next one would be the
us but the efforts that we're doing
um we know are going to pay off and
there's one more thing european
consumers as you know are
very well financially educated the
majority of them are very well
financially educated
and they demand transparency they demand
um
to be for the company to be trustworthy
in order to use their services so
this is what we're basing our offers on
and this is why we're taking the tough
roads of actually becoming compliant in
all of these
regions all right all right
that's um that's good
uh that's interesting to to to hear that
and um i guess that if we're seeing that
everything is unfolding uh quite
decently in europe you mustn't be
i mean like dealing with a lot of issues
either i'm gonna bounce back to another
topic which is more like
uh yeah business driven again we've been
seeing lately decentralized finance
uh surging like it's been it's been like
uh many people call it a bubble
uh there is a lot of um action going on
on that space
how do you guys plan to surf on it like
each company seems to have a plan
to to channel this uh this stream of
energy let's say
and i was wondering uh if it was
possible to have to hear some i mean
like some insights from you about
crypto.com strategy
when it comes to defy any plan on
i don't know integrating some protocols
like like compounds
aims some listings some more
sophisticated saving
savings plan could you could you tell us
more about that
sure i mean the world is really bubbling
um
right now when it comes to defy and just
this morning
i read that there were over nine billion
um us dollars worth of crypto
um actually being locked in d5 projects
right now
which is amazing and we're very happy to
see that the d5 products
are actually striving and i have to say
we have already started
riding that wave we have launched our
non-custodial wallet
a while ago and this was the first defy
product that we have launched and we
have offered to our customers
and then when it comes to listings we
actually have listed um
quite a huge number of different
projects already and we're continuing
to put an emphasis on having a lot of d5
projects listed on the app and on the
exchange
you've mentioned the compound protocol
we have actually recently listed that
we have listed link and a number of
other really interesting
d5 projects um and we had recently also
had a trading battle on the exchange
uh where people could trade uh justify
tokens
so definitely defy is something that we
plan to write on
um and it's something that we're very
famous fascinated by
um and we also had a very recent
ama done with our ceo eric ziani
speaking about defy where he gave a
little bit more detailed account of
what our d5 plans are that's cool yeah
i've been i've been saying that you guys
are pretty proactive when it comes to
you've been doing a lot of ask me
anything sessions with opinion leaders
and
it is true that when it comes to the
listings uh on the app i'm not sure
about the exchange but on the app
you've been listing tons of projects
even like uh
yeah you guys are are getting a lot of
stuff
listed uh on the retail part of things
that's for sure
and um i wonder um i wonder if um
i forget what i wanted to say but it was
probably something interesting
uh anyway i'll just go to another
question and probably
uh remember what i wanted to speak about
with you
in a few minutes sure you know we we are
french media
and um just by curiosity we're wondering
what is the play i mean like what's the
place of the french market
uh at the eyes of crypto.com like do you
notice any
difference consumer-wise or do you
encounter
uh some some difficulties with our
markets are things
different than in other western
countries in our very specific language
you know france you can include belgium
also sure
sure um so i'm gonna give you a heads up
to something
um that will actually um show to
full extent the importance of france for
crypto.com
so on the 3rd of september we're going
to launch the first foreign language for
the app and this is going to be french
and that i guess speaks volumes about
our commitment to
to serve the french community and not
just france but all the dump toms
and any other countries speaking french
obviously
but when it comes to differences between
france and
other european countries i wouldn't say
there are so many
especially when when we compare it to
western europe right
french consumers are actually crypto
savvy
it's it's a real pleasure to work with
them they know a lot about the projects
uh they're very vocal about that um and
i would say they know their consumer
rights um and usually they know what
they want to invest in and they're very
focused on doing um
what it takes for them to get a maximum
return so
this is one of our most interactive i
would say customer base
we love chatting with our french
customers and soon we're going to do it
in french obviously and definitely
when it comes to comparison with the
rest of the world
very financially educated audience a
great community very active community
and that's
why we want to make sure that we service
it
in the local language all right well
that's uh i guess we must be flattered
to be uh
one of the first like yeah one of them
absolutely the first isaac
that's not one of the first yeah the
first one well that's pretty good news
that's a good that's a good hint on uh
how
how important we guys are to to your
eyes yeah that's pretty good
and speaking of uh france you know
you're aware that france
is also um it's made of a few islands
which are in the caribbeans
in uh southeast africa i think and i've
been receiving a few comments
and emails of people telling me that
they cannot
order the cards because they are in
these like
insular regions of france in the ocean
do you have any
hands on including these areas or are
you dealing with um
do you have any idea about what's going
on there i can understand if you don't
because
these are really like problems but
people are getting
a lot no problem i mean as i've
mentioned that's my background
anyways i'm very happy to explain why at
the moment the french dump toms are
actually not included in the card offer
uh so normally although um these
countries usually fall within the zipper
region
when it comes to card issuing it's uh
always license based and the license
that you have to use
is the visa license so when you service
europe there is something called a
pan-european
issuing license and that pan-european
issuing license normally includes
only territories that are on the
continent of europe
if you don't have the license you're
unable to service
different regions that don't fall within
the territory of europe
and normally to service martinique
reunion and the rest of the downtowns
you have to actually have
a partnership with a local issuer who
will be able to
offer your cards that's why it's very um
i would say difficult for companies to
offer
their products their cart products um
outside
of continental sites uh fronts well
that's pretty interesting to
to know so when you want to distribute
your product in downtown it doesn't fall
under
the continental europe agreement so you
always have to have a specific solution
for each island
i guess that makes a lot of sense and i
hope that eventually in the middle
midterm like some solutions will will
come for these people who have been
asking me
what's going on but thank you very much
for the answer i also have some canadian
people asking me about what's going on
i've been seeing on the blog that on may
you guys had some green light from some
regulator i don't know where
where it is right now in terms of
progression but yeah uh we're
very far ahead i would say we're working
on having the card launched um
in canada so you're gonna see some news
about it
um in the near future all right oh cool
and a last one about well it's more
about financial inclusion
how do you plan to deploy services
in let's say deep asia and africa for
instance because we also have followers
from these regions
uh do you plan to do you have a strategy
for for these markets
which do have some some huge potential
but
also facing other other issues and uh
and stability i mean like lack of
stability issues which also make it hard
to deploy
um solid products in these areas i mean
you get the points
what could you tell us about that sure
so i'm gonna start with asia
since these are two very different
regions
um and as you know we traditionally our
headquarters are in hong kong so we're
traditionally very strong when it comes
to addressing the asian markets
the asian market is in a way very
fragmented because different countries
have their own
laws about blockchain some of them
require you to be
a regulator regulated such as japan
and all of this can happen through
setting up local entities that will be
dealing
with the local businesses i have to say
that we do have a strategy about
asia something that you're going to hear
more and more about in the next coming
months
i can't really disclose anything right
now but this is a region
that we deeply care for and we're going
to have
localized solutions very soon as you
know for example
um one of our first card programs was
actually in singapore
and we will continue adding
more regions apart from singapore both
to our card offering and to the services
offered on the app and the exchange when
it comes to africa the approach is
pretty much the same
the african community actually has
something very specific about it and
that's the way that the majority of
africa
does payments um and what i mean
is that the um a lot of the african
communities thrive on mobile payments
which means that they transfer funds
very differently
from what we have seen in europe or in
the us
we already have plans to expand in
africa and we have
a couple of local entities in local
jurisdictions that will
actually take care of the broader scope
of africa
and adding all of these countries to our
platform
right now as you know we only offer card
payments
to africa and this is definitely not
sufficient for
uh the entire inclusion of the african
market on our platform but we will be
very soon
localizing the offer to make sure that
um many
african countries can actually fully use
the services of crypto.com
fair enough well i think we've covered
most of the world that's interesting to
our media i mean we forgot we forgot
america but yeah
it's interesting to have a share of your
vision and um i mean like
have some infos on how do you plan to
expand now we'll go back to
uh some more general questions about the
crypto space if you don't mind
and uh i often hear i mean like we often
read that crypto
uh boost has some of the best talents
i mean like yes skilled people out there
can you confirm that
i can absolutely a hundred percent
confirm that um
right it's it's not just because i work
for crypto.com but
um even when i joined i was amazed at
the level of professionalism
um and the kind of people that we have
on the team i have to say that
um people are really
really good at what they're doing at
crypto.com they're true professionals
they're very dedicated they
really work with a lot of passion um
they have high level of integrity and
they're extremely kind and helpful
i had a very very easy transition
um into the crypto.com world uh being
helped
by people sitting on key positions who
always had help an hour for me
um or always had a minute to answer my
questions or to help me out
there is a lot of humbleness within all
the teams
and everybody just executes and helps
the rest of the team um it's it's a
really
a true pleasure to work for crypto.com
oh yeah so i i guess that's
uh yeah that's that's that's a pleasant
thing to hear too so
you as a manager what i wanted to say is
that as a manager you also have to go
after
i mean like this talents do you have to
recruit these profiles
or not it's not your job
as a manager it is um obviously my job
to
make sure that i have stars on my team
and
yes um if need be i would go
and look for those stars myself being
helped obviously by the amazing hr team
that we have
but i have to say the interest to work
with crypto.com
is huge so we normally get a pool of
really talented individuals that we
already have access to because they want
to work with us
and i'm really humbled and very glad
to to actually be able to say that and
yes indeed i do the same with my teams i
i just want to make sure
that um the people on my team
are better than me smarter than me
because you don't want to be the
smartest person in the room then
you're in the wrong room right um i
enjoy working with people that i can
really learn from and um i just
make sure that i have such people on my
team and i learn from them every single
day
okay well okay okay okay and another
question regarding
uh the overall like
your launch in europe do you consider it
to be a success and did like kobe 19
impact you like really negatively made
you suffer like i mean like do you get
huge losses because of that
could you tell us yeah how do you see
the previous month
like your distribution in europe has it
been a success and have you been
impacted by kobe 19
yeah sure um i think our european launch
despite covet 19 has been a tremendous
success
um obviously it all evolved around the
card so when we launched the card
and at the end of april uh we already
had
an influx of tens of thousands of
customers that were requesting
information or wanted to know about the
card then when we opened the doors to
everybody to actually apply for a card
we have received an enormous
interest it has been a blast ever since
uh we continue seeing positive trends in
the
um on the macro economic scope
um we are seeing a real progress with
the european
launch i have to say um
we expected it to a certain extent
although everybody was worried because
of covet that it may affect
overall the whole industry but as many
players on the market have seen
online services and particularly
cryptocurrencies did not see the decline
that other industries have experienced
during covet
and business has been flourishing for
many of us
during this really difficult period and
not to mention we have tried to address
the community needs when it comes to
helping out
with the fight with covid we have
launched as you know the three for free
program and we have special rebates for
people who are purchasing groceries or
for people who are ordering food
just to make sure that the community we
have is well supported
um in these really difficult times
that's cool that's um that's uh
especially like the last program is
pretty generous i must admit with the
with the whole rebate system at
groceries yeah it's pretty sick
um and one
question which is going to make the
bridge between your background and what
you're currently doing
you've been working if i'm right at
skrill
correct yeah yes yeah and how would you
compare
your business uh with mastercard or visa
i mean like uh i mean like how would you
set up like
setting up you know your solution which
is like
working with crypto and getting like
everything you know like
getting this card out and getting your
own bridges and gateways out
uh is it like um is it easier than
setting up a traditional payment
gateway what you're doing with
crypto.com right now
not sure if i made the proper sentence
but i think you got my points
sure sure um well is it easier no
definitely it's not easier for a couple
of reasons um
in in the traditional financial world
crypto is still deemed
um as a high risk industry so so there
was a period
a long period of education making sure
that
any financial partners we have are
understanding well
our business models making sure that
partners can trust us and
that of course takes not just a good
explanation it actually takes
uh some time to work with a certain
partner so that they know
our type of business and they can
already trust us
setting up your own facilities with visa
is never easy whether you're a payment
service provider or a crypto
service provider it doesn't matter um
it's always
a very long process and it's a long
process for a reason there are a lot of
compliance items that you have to
address
um and a lot of assurance that you
actually have to give the issue or
or the acquirer it doesn't matter or the
card scheme
to make sure that you can service your
customers
and that you will be there on the
long run um whether
crypto kind of set up when it comes to
payments will be more successful than
the card schemes
i truly believe so and it comes for a
number of reasons
first the speed of settlements making
sure that
merchants for example who are accepting
crypto payments they don't have to wait
for the settlement of their funds for
sometimes as long as two weeks they
don't have to pay
rolling reserves they don't have to pay
the high
interchange fees and the high assessment
fees
that normally the card schemes have so
for
the participants in a crypto payment
network
it's way more cheaper it's way more
faster
it's actually a more comprehensive and
really straightforward process your
process transactions and then
you can easily get your settlements in a
matter of hours
not days not weeks um as it currently
stands
so in terms of infrastructure in terms
of potential crypto has
a higher potential any blockchain
project has a higher potential than visa
and mastercard then it all depends on
the execution obviously
and how well you can service your
customers of course
that being said um a lot of blockchain
projects and anyone working with crypto
has to partner
with the existing financial structures
right our card is issued with
um in partnership with visa any anyone's
part is issued with the partnership of a
card scheme that exists right now
there is a room for cooperation and
there is a room for improvement on both
ends
uh crypto meeting more of the regulatory
standards and then
card schemes like visa and mastercard
making sure that they
actually provide a more straightforward
more transparent
fast and cheap way for people to
make their payments all right all right
thank you
and we will close this um let's say
podcast
interview with a question about yeah
the horizon for crypto.com what are the
next big things to come
you guys are i think launching the final
i mean like the 1.0 version of your
exchange but maybe there is more to come
and there is more that you would like to
share with us
about what's planned with crypto.com so
yeah as a conclusion and if if you have
any
revelations or any any crispy things you
showed us
we are all like listening very difficult
to share crispy things right especially
when you run an exchange and a lot of
things can be inside your information
but
uh yes you're right we um we're working
on launching um our live exchange so
um we're really looking forward for the
exchange to no longer
be on beta although i have to say with
the improvements that we have done
on the matching engine the exchange
actually
is happy to see a lot of trading volume
that
very often resembles the trading volume
of the large exchanges already
and we have a deeper liquidity
and we're working on adding more market
makers
um something else that we're looking
forward to as you know our
comp chain um is still in a test version
so
uh we're working on finding new
validators and making sure
what's going on
that we then obviously the team is
working on a number of other projects
which i'm unfortunately not able to
disclose at this point of time but just
stay tuned and we're going to be
releasing a lot of interesting news very
soon
well thank you very much uh for
answering this last question i think
that we've covered
uh i've covered what i wanted to yeah
what i wanted to process with you here
to create so
yeah thank you for your time uh i wish
you a great day
i would like to give a shout out to
charlie for making this possible
and also to uh to bonnie chan my
affiliate manager who
has been like super uh sweet with me
since i started working with you guys
back in november
and uh yeah we're really looking forward
to see what's going next with
crypto.com and for sure we'll keep
everyone tuned about your um
your your future milestones if that's
the way to say it
yeah i wish you could say thank you for
your time
cheers thank you thanks so much for
having me and
um
normal
you
