Fintechs/Startups who need to launch a wallet-only resolution in america on the subject of crypto, usually ask, do you want a license? This video gives my opinion (IANAL) on the given topic.
It goes with out saying, it’s best to NOT be holding on to any personal keys of the shoppers. It’s best to NOT have custody of funds.
ABOUT FAISAL KHAN
Faisal Khan is a banking/funds guide specializing in cross-border funds and is a digital cash evangelist. He’s the co-host of Across the Coin, a weekly podcast on Funds & Fintech with over 22,000+ listeners. Mr. Khan is a expertise scout for Collection A & B financing for numerous fintech VCs/funds. He’s additionally a frequent contributor to standard Q&A web site Quora the place he has been a High Author for six consecutive years.
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