Challenges and Solutions for Crypto Businesses in the US

Revolutionizing the EU Payment Gateway With Cryptocurrency

Access to banking services for crypto companies has always been challenging and with the recent bank failures in the USA, blockchain companies, crypto exchanges and stablecoin issuers have been severely impacted.

In this episode, Ian Andrews is joined by a former Chainalysis colleague, Simon Ousager (CEO & Co-Founder) at Januar, a company that is solving this problem for blockchain companies in the EU. 

Simon explains why the EU market is perfect for Januar to provide payment gateway services in crypto and how the MiCA regulations have actually been beneficial in providing more clarity for companies like Januar and other crypto exchanges in the region

We get a crash course in the differences between banks and payment institutions in the EU and what to expect for stablecoin issuers and blockchain entrepreneurs in the next few years. 

• (2:05) – Simon’s early beginnings at Chainalysis and founding Januar to solve the banking issue for EU crypto companies
• (6:25) – Januar’s all in one solution to accessing IBAN accounts, B2B crypto transactions and compliance support
• (13:50) – How does MiCA regulations impact payment gateways using crypto in the EU? 
• (18:45) – Understanding what products or services constitutes banking activity in the EU 
• (24:01) – The emergence of stablecoins in Europe and how regulations impact them 
• (31:25) – What founders building in the blockchain and crypto industry need to know 

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Conference: Chainalysis Links 2023 in Amsterdam
• Report: The Chainalysis 2023 Crypto Crime Report
• YouTube: Chainalysis YouTube page - Links 2023 Content (coming soon)
• Website: Januar: The gate for EU crypto companies
• Press Release: Januar launching Payment Approvals
• Announcement: Copenhagen-based Januar secures €6 million to launch compliant crypto gate for European business
• Chainalysis Blog: Fraud Shop Genesis Market Shut Down in International Law Enforcement Operation, Sanctioned by OFAC
• Twitter: Chainalysis Twitter: Building trust in blockchains
• TikTok: Newly launched Chainalysis Tik Tok page
• Website: Chainalysis: We are paving the way for a global economy built on blockchains.

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 
• Simon Ousager (CEO & Co-Founder, Januar)

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