Public Key

Fan Tokens and SportsFi might be very new terms to some in the crypto industry, but probably not to the biggest soccer and football fans around the world. In this episode, Ian Andrews (CMO, Chainalysis) learns everything about Fan Tokens from Alexandre Dreyfus (CEO, Socios.com + Chiliz) who are working with premier league soccer clubs, F1 racing teams, NFL and UFC partners to bring fandom to the blockchain . Alex discusses the concept of Fan Tokens and their growth in the sports industry and how they allow fans to have a voice and vote on decisions related to their favorite sports teams.  He also highlights the importance of regulation and compliance in the industry, as well as the challenges of security and user experience. He expresses optimism about the future of Fan Tokens and the potential for further innovation in the space, including challenging regulatory landscapes like in the USA. Alex touches on how Fan Tokens differ from traditional NFTs and how his team is exploring a non-custodial platform in order to give users more autonomy.  Minute-by-minute episode breakdown (2:23) - Alexandre's background in online gaming and poker and the emergence of regulation in the industry (4:43) - Explanation of how Fan Tokens work and how they provide value to fans and teams (13:20) - The goal of opening the ecosystem for developers to build on fan tokens (15:40) - Fan Tokens vs. NFTs  (19:24) - The global regulatory landscape and the need for compliance and education of regulators (27:32) - The rewards and risk of launching non-custodial platforms for average users (29:13) - Security concerns in the sports token industry  (33:05) - The outlook for entering the US crypto market in the future  (35:02) - Excitement about new SportFi features and decentralization Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Socios.com: The biggest teams. The best fan rewards. Reward Your Passion​ Website: Chiliz: Building the web3 infrastructure for sports and entertainment Article: Chiliz 2023: A Year in Review — Expanding the Frontiers of SportFi Article: Chiliz unveils SportFi ecosystem with 25 key partnerships: Empowering sports brands to launch innovative products Conference: Chainalysis Links NYC 2024 Conference (Early Bird Pricing Expires Soon) Blog: Targeted Approval Phishing Scams See Explosive Growth Over Last Two Years, With At Least $374 Million Suspected Stolen in 2023 YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Telegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Alexandre Dreyfus (CEO, Socios.com + Chiliz) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

In this podcast, they discuss the major events and trends in the cryptocurrency industry in 2023, including the surge in asset prices, the focus on combating crypto crime, ransomware attacks, pig butchering and investment/romance scams. They also cover the crackdown on the crypto related fentanyl trade, the threat of North Korean hackers, the growing usage of stablecoins, and the continued relevance of NFTs.

Simon McLoughlin (CEO, Uphold) and Ian Andrews (CMO, Chainalysis) discuss Uphold's self-custody wallet, seamless trading between assets, partnership with Ripple for cross-border payments, regulatory landscapes in different jurisdictions, and Uphold's global expansion plans.

Diogo Mónica, Co-Founder of Anchorage Digital, discusses the need for better private key management and the security challenges faced by institutions in the crypto industry. He highlights the importance of Anchorage's federal bank charter and its role in providing trusted custody services. They also touch on the regulatory landscapes in USA, Singapore, and the EU, as well as the impact of Bitcoin and Ethereum ETFs. Finally, they discuss the security issues in DeFi and the need for better programming languages.

Tommy Nicholas, CEO of Alloy, discusses the broken fraud model in the crypto and fintech industry and the need to shift focus to the person. He emphasizes transparency and accountability and explores the role of automation and AI in supporting compliance teams. Topics include money laundering controls, processing suspicious activity reports, and threat actors in online onboarding. The podcast also covers Alloy's role in managing risks for companies, the impact of customer onboarding on the threat landscape, and combating fraud in the crypto industry.

As a young prosecutor, Jonathan Skrmetti (Tennessee Attorney General) worked on cases that had similar plots to the movie, Training Day. His early cases ranged from law enforcement corruption, human trafficking and presidential assassination attempts. In this episode, Ian Andrews (CMO, Chainalysis) got to talk to John about his thrilling entry to prosecutions and the cases he works on as the Tennessee Attorney general, including fighting the opioid crisis, minimizing big tech’s influence on children using social media and consumer protection in the crypto space.  John emphasizes the need for technical literacy in the judicial system and the evolving nature of technology and emphasizes the importance of collaboration between law enforcement agencies and the need for technological countermeasures to combat online scams and crimes. Minute-by-minute episode breakdown (2:10) - Tennessee Attorney General Jonathan Skrmett’s responsibilities and daily tasks (4:08) - Jonathan’s early DOJ Portfolio of Official Misconduct, Human Trafficking and Hate Crimes  (6:20) - Shift in criminal activity towards financial crimes and technology-based scams (8:45) - Importance of technical and blockchain literacy in the judicial system (10:50) - Lawsuit against Meta and the exploitative nature of social media on children (14:35) - Importance of collaboration and education in combating sophisticated crimes (20:52) - Complexity of the fentanyl crisis and the role of cryptocurrency (24:13) - Tennessee's conservative approach to crypto and NFT investment (27:45) - Need for policy environment that supports crypto innovation and protects citizens Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Jonathan Skrmetti Attorney General & Reporter Coindesk Article: Bipartisan Bill Would Allow Tennessee to Invest in Crypto and NFTs Announcements: Tennessee AG Opioid Settlements Article: TN AG Skrmetti Leads Coalition in Filing Lawsuits against Big Tech Giant Meta and its Social Media Platform Video: Attorney General Press Conference - use passcode: #8&di5!+  Advisory Report: U.S. Surgeon General Advisory - Social Media and Youth Mental Health Video: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) Blog: KPMG in Canada and Chainalysis team up to help organizations combat illicit crypto transactions YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Jonathan Skrmetti (Tennessee Attorney General) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

Our 2023 GEO Report revealed that across the Sub-Saharan African region, centralized exchanges are the most-used platform type, facilitating over half of all transaction volume and in this episode, Ian Andrews (CMO, Chainalysis) speaks to an expert on the ground, Marius Reitz (General Manager Africa, Luno), to understand what's driving this grass-root adoption.  Marius shares his early journey into the crypto industry and discusses the challenges and opportunities in the African market. He highlights the importance of education and the need for regulatory clarity and collaboration between the crypto industry and regulators, in order for growth and stability in the market.  He also identifies the rise of peer-to-peer trading, and the potential for real-world asset tokenization and how Luno’s products and services continue to evolve to meet the needs of its customers and expand its presence in the African market. Minute-by-minute episode breakdown (2:09) - Marius's chance encounter with cryptocurrency and decision to join Luno (5:08) - The landscape of crypto in South Africa in 2016 and challenges in the industry  (8:20) - The role of education in Luno's operations and challenge and focus on providing safe access to the unbanked sector (12:45) - Crypto use cases in Africa: unmet needs and access to global markets (16:50) - Crypto regulatory climate in South Africa and relationship with traditional banking industry (19:35) - Ease of buying and selling crypto in and the peer-to-peer market in Africa (29:08) - Regulatory landscape and its impact on the African crypto industry (33:24) - Decentralized exchange landscape and the appetite for Real World Assets in Africa  (37:45) - Regulation to drive exponential growth expected in the African crypto market Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Luno aims to be one of the most compliant crypto investment platforms in the world Blog: Is Luno regulated? Why is this important? Announcement: Cardano staking is now available in South Africa through Luno LinkedIn Post: Identifying Fake Profiles Impersonating Luno Employees Blog: Cryptocurrency Penetrates Key Markets in Sub-Saharan Africa as an Inflation Mitigation and Trading Vehicle Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) Blog: Crypto Basics -What is Blockchain Gaming? YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Marius Reitz (General Manager Africa, Luno) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.     

Ian Andrews (CMO, Chainalysis) and Co-Executive Directors of Web3 Working Group, Amy and Devon James, discuss decentralized physical infrastructure networks (DePIN) in the technology space. They emphasize the need for open protocols, challenges of building in Web3, and educating policymakers about potential technologies.

Bridge hacks, phishing scams and malicious code draining wallets have forced consumer protection to be a top priority in the crypto and DeFi industry. In this episode, Ian Andrews (CMO, Chainalysis) gets a deeper understanding of how decentralized insurance works with guest,  Brandon Brown (CEO & Co-Founder, FairSide), who are revolutionizing the insurance alternatives in the crypto space Brandon explains that decentralized insurance is still in its early stages and has yet to be fully defined and believes that the current models in the space are trying to reinvent the wheel, even though the traditional insurance model is robust and resilient. He also discusses the challenges of navigating the regulatory landscape in the insurance industry and explains that FairSide operates as a cost-sharing network rather than a traditional insurance product. Minute-by-minute episode breakdown (2:05) - Why Decentralized Insurance is yet to be defined and the importance of insuring valuable crypto assets (6:12) - FairSide Network's focus on wallet insurance for mass adoption (14:19) - Insurance companies invest premium deposits, but DeFi carriers shouldn't (18:47) - Traditional insurance expense model vs blockchain efficiency  (23:55) - Different approaches to governance in DeFi and wallet theft protection (28:01) - Navigating the regulatory landscape in traditional and crypto insurance (31:25) - Brandon discusses the roadmap and launch plans of Fairside (33:27) - FairSide can go mainstream and expand beyond crypto   Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Fairside: Personal Wallet Theft Protection  -  Self-custody with confidence Blog:   Decoupling from the risk of DeFi insurance Whitepaper: FairSide Whitepaper Article: Nasdaq: Protecting Your Crypto Portfolio: How Crypto Insurance Works Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Download Your Copy Today) Blog: An update on the UK’s Economic Crime and Corporate Transparency Act (ECCT) Webinar: Global crypto adoption: Does regulation matter for growth? YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchain Tik Tok: Building trust in #blockchains among people, businesses, and governments. Telegram: Chainalysis on Telegram  Speakers on today’s episode Ian Andrews * Host * (Chief Marketing Officer, Chainalysis)  Brandon Brown (CEO & Co-Founder, FairSide) This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein. Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material. Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material.  Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

Roger Brown, Global Head of Tax Strategy at Chainalysis, discusses the new IRS proposed regulations on crypto tax reporting. He clarifies key terms, such as brokers and digital asset middlemen, and explores the impact on exchanges, payment processors, and decentralized platforms. They also discuss the role of effective KYC obligations and the importance of information reporting to tackle the tax gap.