A year ago today, one of the most dramatic moments in crypto's history set a chain of events into action.
FM
It has officially been a year.
A year of the 'new norm'. A year of quarantining, of remote work, N19 masks, and social distancing. For many, a year of financial stress, mental health challenges, a year of loss. One year of COVID-19.
While the exact dates that quarantines began in the western world vary from country to country, this week marks the week when the whole world became serious about the coronavirus. Europe and North America had been watching reports on the spread of COVID from China and other parts of Asia for weeks; the World Health Organization (WHO) was warning that a global pandemic may be imminent.
Then, on Friday, March 13th, 2020, US President Donald Trump declared a state of emergency in the country; the same day, World Health Organization officials declared that Europe had become the new epicentre of the COVID-19 pandemic.
In the days leading up to the declarations, financial market crashes, the likes of which have not been seen in over a decade, began to wreak havoc on capital markets around the globe. Oil prices turned negative; the Dow Jones Industrial Average (DJIA) plunged 6,400 points, roughly 26% in just four trading days.
One of the starkest crashes hit the cryptocurrency markets. On the second Thursday in March 2020, the price of Bitcoin fell nearly 40 percent, crashing from nearly $8000 to around $4,700 in a matter of hours. Simultaneously, crypto’s total market cap lost approximately $30 billion, also dropping a total of 40 percent.
Today, March 11th is the second Thursday in March 2021, one year since the day that eventually came to be known as 'Crypto’s Black Thursday'.
When the crash occurred on March 12th, Bloombergcompared the price drop to the bursting of the crypto bubble in late 2017. In addition, a number of crypto critics said that the moment was proof that Bitcoin was not, in fact, the 'safe haven', 'hedge against inflation' asset that so many Bitcoin 'believers' said that it was.
On March 12th, 2020, renowned Bitcoin bear and Founder of EuroPacific Capital, Peter Schiff told Kitco News that Bitcoin is “not a safe haven asset. It is a very risky asset. The price of bitcoin has collapsed by more than the stock market during the last several weeks and in fact, it's not even a non-correlated asset.”
However, while Black Thursday may have cast doubt on Bitcoin’s long-term viability, BTC quickly made a remarkable comeback. By May of 2020, BTC was back up to nearly $10K a pop and maintained levels above $8K for the rest of the year. Today, the price of a single BTC is nearly $55,000, which is a rise of more than 1000 percent.
What Happened on Crypto’s Black Thursday?
Do Kwon, Co-Founder and CEO of Terraform Labs (TFL), explained that the primary factor that drove financial markets to crash across the board last March was fear.
“March 12th, 2020 was when the S&P 500 and markets around the world crashed from the fear and economic chaos induced by COVID-19,” Kwon told Finance Magnates.
However, Steve Ehrlich, Chief Executive of Voyager Digital, explained that while Black Thursday was certainly a moment of reckoning for Bitcoin, it may have also marked a pivot point for the future of the digital economy.
Steve Ehrlich, Chief Executive Officer and Co-founder of crypto trading platform, Voyager.
“As real clarity around the implications of the pandemic set-in, it became apparent that lockdowns would go into effect, the digital economy would become quintessential, and that economic stimulus would become necessary to keep the economy afloat,” he told Finance Magnates.
Doug Schwenk, Chairman of Digital Asset Research, told Finance Magnates that the Black Thursday Crash had an important psychological effect on crypto markets.
“[Black Thursday] has provided, in a sense, a psychological floor to build on,” Schwenk told Finance Magnates. “The shock and uncertainty of that moment led markets to regroup… and lowered volatility.” This momentum to rebuild initially consolidated “around $10k for BTC and then pushed higher as continued positive or clarifying news brought buyers into crypto markets.”
After Black Thursday, ”Bitcoin Reached an Inflection Point of Adoption from Institutions."
Beyond the effects of fear and doubt, the market crash that took place in March of 2020 led to important changes in monetary policy that have had profound effects on the price of Bitcoin.
“Over the course of 2020, a deluge of fiscal stimulus helped contribute to Bitcoin’s store-of-value or ‘digital gold’ narrative that increased awareness of its long-term potential.”
After Black Thursday, “what followed was months of news of the U.S. Government printing trillions of dollars to stimulate the economy and provide economic relief. In fact, 20% of all dollars ever printed since the origins of the U.S. Dollar were printed in 2020,” Kwon explained.
“This massive influx of U.S. dollars into the economy at a rapidly increasing velocity due to lower interest rates, left investors rushing to find the best place to invest their dollars to combat inflation.”
This is what led a growing number of institutional investors into BTC. “Bitcoin, being a scarce digital asset, with a strict 21-million hard cap supply, and its rapid rate of adoption led Bitcoin’s value to sky-rocket and continue hitting all-time highs, far surpassing its previous 2017 peak,” Kwon explained.
Do Kwon, Co-Founder, and CEO of Terraform Labs (TFL).
“[...] Bitcoin reached an inflexion point of adoption from institutions, who began pouring in money as a long-term hedge against inflation. With the halving occurring in May 2020 after the crash, the supply of Bitcoin issued by the protocol was reduced by 50 percent, which also reduced the liquid supply available to the market, making BTC more scarce.”
Marie Tatibouet, Chief Marketing Officer at Gate.io, told Finance Magnates that this scarcity is making Bitcoin increasingly attractive to large investors. “Every company now wants to dedicate their balance sheet to Bitcoin,” she said.
“Microstrategy, Tesla, Square, Ruffers, and others have all gone in on Bitcoin. Other Fortune 500 companies will probably follow suit and buy chunks of Bitcoin, as well. Now, even Ethereum has become a major investment option, with companies like Meitubuying $22M worth of ETH.”
Retail Investors Also Came for Crypto Markets in 2020
But, it was not just institutional investors that came in droves for cryptocurrency in 2020. Steve Ehrlich, Chief Executive of Voyager Digital, explained to Finance Magnates that: “as people across the world were restricted to their homes, many small businesses had to reduce their operations, retail investors were looking for new avenues to invest and trade for supplemental income - causing a surge into cryptocurrency investing.”
Ehlrich says that similar to institutional investors, retail investors in Bitcoin began to see BTC as a hedge against inflation. Verdictreported in January 2021 that retail investors who put their government stimulus checks into BTC were one of the driving factors behind Bitcoin’s massive price increase. Notably, investors who put their first $1400 stimulus check into Bitcoin now have approximately $9000 in BTC.
“These retail investors also see the world becoming more digital, and the digital gold narrative of Bitcoin has never been stronger,” Steve Ehrlich said.
Marie Tatibouet, Chief Marketing Officer at Gate.io.
“In order for Bitcoin to reach a market cap similar to gold, it will have to hit an $11 trillion dollar market cap. Bitcoin now hovers around a $1 trillion dollar market cap, as it continues to gobble up Global liquidity. And, many Bitcoin enthusiasts believe BTC surpassing Gold’s market cap is only a matter of time,” Ehrlich said.
A “Wave of Positive Regulatory Events” Acted as a Boon for Bitcoin
Digital Asset Research’s Doug Scwhenk pointed out that in addition to monetary policy changes and an increasing pool of BTC buyers, crypto has been positively affected by “a wave of positive regulatory events that give institutional investors comfort.”
For example, “the new US administration has nominated a chair of the SEC with prior crypto experience, ETF's have launched in Canada and Bermuda, and the OCC clarified banks can hold these assets.”
Additionally, "storied institutions such as Bank of New York Mellon and Northern Trust have declared public plans and offerings in the space. All of this has served as tremendous tailwinds after an initial shock and great unknown about how our lives would be affected by COVID.”
A New Financial Paradigm in 2022?
If these positive regulatory trends continue in 2022, Bitcoin’s explosive growth could continue. Now that it has been twelve months since Black Thursday, what could crypto markets look like twelve months in the future?
Do Kwon said that while, “it’s impossible to know,” what the future will hold, “at the current rate, it wouldn’t be surprising if we begin to see accelerated adoption of Bitcoin and DeFi by more mainstream investors.”
“Better UX, more capital, better infrastructure, and broader awareness are all ingredients for onboarding more users to a new financial system, one that is more inclusive and open,” Kwon said.
Though it might not arrive in 2022, Steve Ehrlich sees a financial paradigm shift in the future. “More than just a new monetary technology, Bitcoin is an entirely new economic paradigm: an uncompromisable base money protocol for a global, digital, non-state economy,” he said. “It promises to mark the separation of money and state.”
“Bitcoin presents us with an opportunity to reinvent gold and rethink money for the digital future in a more globalized, internet-native way. For those, and many more reasons, Bitcoin and cryptocurrency will continue to enjoy progress and pursuit of a new economic reality.”
Therefore, Bitcoin could reach unprecedented levels in the twelve months ahead: “originally, the idea of a $100,000 Bitcoin seemed like a complete stretch of the imagination, but has now become like a seemingly reasonable target for the rising digital asset,” he said.
“We see cryptocurrency and digital assets going completely mainstream, disrupting traditional financial institutions, and giving economic empowerment to people all over the world in need.”
It has officially been a year.
A year of the 'new norm'. A year of quarantining, of remote work, N19 masks, and social distancing. For many, a year of financial stress, mental health challenges, a year of loss. One year of COVID-19.
While the exact dates that quarantines began in the western world vary from country to country, this week marks the week when the whole world became serious about the coronavirus. Europe and North America had been watching reports on the spread of COVID from China and other parts of Asia for weeks; the World Health Organization (WHO) was warning that a global pandemic may be imminent.
Then, on Friday, March 13th, 2020, US President Donald Trump declared a state of emergency in the country; the same day, World Health Organization officials declared that Europe had become the new epicentre of the COVID-19 pandemic.
In the days leading up to the declarations, financial market crashes, the likes of which have not been seen in over a decade, began to wreak havoc on capital markets around the globe. Oil prices turned negative; the Dow Jones Industrial Average (DJIA) plunged 6,400 points, roughly 26% in just four trading days.
One of the starkest crashes hit the cryptocurrency markets. On the second Thursday in March 2020, the price of Bitcoin fell nearly 40 percent, crashing from nearly $8000 to around $4,700 in a matter of hours. Simultaneously, crypto’s total market cap lost approximately $30 billion, also dropping a total of 40 percent.
Today, March 11th is the second Thursday in March 2021, one year since the day that eventually came to be known as 'Crypto’s Black Thursday'.
When the crash occurred on March 12th, Bloombergcompared the price drop to the bursting of the crypto bubble in late 2017. In addition, a number of crypto critics said that the moment was proof that Bitcoin was not, in fact, the 'safe haven', 'hedge against inflation' asset that so many Bitcoin 'believers' said that it was.
On March 12th, 2020, renowned Bitcoin bear and Founder of EuroPacific Capital, Peter Schiff told Kitco News that Bitcoin is “not a safe haven asset. It is a very risky asset. The price of bitcoin has collapsed by more than the stock market during the last several weeks and in fact, it's not even a non-correlated asset.”
However, while Black Thursday may have cast doubt on Bitcoin’s long-term viability, BTC quickly made a remarkable comeback. By May of 2020, BTC was back up to nearly $10K a pop and maintained levels above $8K for the rest of the year. Today, the price of a single BTC is nearly $55,000, which is a rise of more than 1000 percent.
What Happened on Crypto’s Black Thursday?
Do Kwon, Co-Founder and CEO of Terraform Labs (TFL), explained that the primary factor that drove financial markets to crash across the board last March was fear.
“March 12th, 2020 was when the S&P 500 and markets around the world crashed from the fear and economic chaos induced by COVID-19,” Kwon told Finance Magnates.
However, Steve Ehrlich, Chief Executive of Voyager Digital, explained that while Black Thursday was certainly a moment of reckoning for Bitcoin, it may have also marked a pivot point for the future of the digital economy.
Steve Ehrlich, Chief Executive Officer and Co-founder of crypto trading platform, Voyager.
“As real clarity around the implications of the pandemic set-in, it became apparent that lockdowns would go into effect, the digital economy would become quintessential, and that economic stimulus would become necessary to keep the economy afloat,” he told Finance Magnates.
Doug Schwenk, Chairman of Digital Asset Research, told Finance Magnates that the Black Thursday Crash had an important psychological effect on crypto markets.
“[Black Thursday] has provided, in a sense, a psychological floor to build on,” Schwenk told Finance Magnates. “The shock and uncertainty of that moment led markets to regroup… and lowered volatility.” This momentum to rebuild initially consolidated “around $10k for BTC and then pushed higher as continued positive or clarifying news brought buyers into crypto markets.”
After Black Thursday, ”Bitcoin Reached an Inflection Point of Adoption from Institutions."
Beyond the effects of fear and doubt, the market crash that took place in March of 2020 led to important changes in monetary policy that have had profound effects on the price of Bitcoin.
“Over the course of 2020, a deluge of fiscal stimulus helped contribute to Bitcoin’s store-of-value or ‘digital gold’ narrative that increased awareness of its long-term potential.”
After Black Thursday, “what followed was months of news of the U.S. Government printing trillions of dollars to stimulate the economy and provide economic relief. In fact, 20% of all dollars ever printed since the origins of the U.S. Dollar were printed in 2020,” Kwon explained.
“This massive influx of U.S. dollars into the economy at a rapidly increasing velocity due to lower interest rates, left investors rushing to find the best place to invest their dollars to combat inflation.”
This is what led a growing number of institutional investors into BTC. “Bitcoin, being a scarce digital asset, with a strict 21-million hard cap supply, and its rapid rate of adoption led Bitcoin’s value to sky-rocket and continue hitting all-time highs, far surpassing its previous 2017 peak,” Kwon explained.
Do Kwon, Co-Founder, and CEO of Terraform Labs (TFL).
“[...] Bitcoin reached an inflexion point of adoption from institutions, who began pouring in money as a long-term hedge against inflation. With the halving occurring in May 2020 after the crash, the supply of Bitcoin issued by the protocol was reduced by 50 percent, which also reduced the liquid supply available to the market, making BTC more scarce.”
Marie Tatibouet, Chief Marketing Officer at Gate.io, told Finance Magnates that this scarcity is making Bitcoin increasingly attractive to large investors. “Every company now wants to dedicate their balance sheet to Bitcoin,” she said.
“Microstrategy, Tesla, Square, Ruffers, and others have all gone in on Bitcoin. Other Fortune 500 companies will probably follow suit and buy chunks of Bitcoin, as well. Now, even Ethereum has become a major investment option, with companies like Meitubuying $22M worth of ETH.”
Retail Investors Also Came for Crypto Markets in 2020
But, it was not just institutional investors that came in droves for cryptocurrency in 2020. Steve Ehrlich, Chief Executive of Voyager Digital, explained to Finance Magnates that: “as people across the world were restricted to their homes, many small businesses had to reduce their operations, retail investors were looking for new avenues to invest and trade for supplemental income - causing a surge into cryptocurrency investing.”
Ehlrich says that similar to institutional investors, retail investors in Bitcoin began to see BTC as a hedge against inflation. Verdictreported in January 2021 that retail investors who put their government stimulus checks into BTC were one of the driving factors behind Bitcoin’s massive price increase. Notably, investors who put their first $1400 stimulus check into Bitcoin now have approximately $9000 in BTC.
“These retail investors also see the world becoming more digital, and the digital gold narrative of Bitcoin has never been stronger,” Steve Ehrlich said.
Marie Tatibouet, Chief Marketing Officer at Gate.io.
“In order for Bitcoin to reach a market cap similar to gold, it will have to hit an $11 trillion dollar market cap. Bitcoin now hovers around a $1 trillion dollar market cap, as it continues to gobble up Global liquidity. And, many Bitcoin enthusiasts believe BTC surpassing Gold’s market cap is only a matter of time,” Ehrlich said.
A “Wave of Positive Regulatory Events” Acted as a Boon for Bitcoin
Digital Asset Research’s Doug Scwhenk pointed out that in addition to monetary policy changes and an increasing pool of BTC buyers, crypto has been positively affected by “a wave of positive regulatory events that give institutional investors comfort.”
For example, “the new US administration has nominated a chair of the SEC with prior crypto experience, ETF's have launched in Canada and Bermuda, and the OCC clarified banks can hold these assets.”
Additionally, "storied institutions such as Bank of New York Mellon and Northern Trust have declared public plans and offerings in the space. All of this has served as tremendous tailwinds after an initial shock and great unknown about how our lives would be affected by COVID.”
A New Financial Paradigm in 2022?
If these positive regulatory trends continue in 2022, Bitcoin’s explosive growth could continue. Now that it has been twelve months since Black Thursday, what could crypto markets look like twelve months in the future?
Do Kwon said that while, “it’s impossible to know,” what the future will hold, “at the current rate, it wouldn’t be surprising if we begin to see accelerated adoption of Bitcoin and DeFi by more mainstream investors.”
“Better UX, more capital, better infrastructure, and broader awareness are all ingredients for onboarding more users to a new financial system, one that is more inclusive and open,” Kwon said.
Though it might not arrive in 2022, Steve Ehrlich sees a financial paradigm shift in the future. “More than just a new monetary technology, Bitcoin is an entirely new economic paradigm: an uncompromisable base money protocol for a global, digital, non-state economy,” he said. “It promises to mark the separation of money and state.”
“Bitcoin presents us with an opportunity to reinvent gold and rethink money for the digital future in a more globalized, internet-native way. For those, and many more reasons, Bitcoin and cryptocurrency will continue to enjoy progress and pursuit of a new economic reality.”
Therefore, Bitcoin could reach unprecedented levels in the twelve months ahead: “originally, the idea of a $100,000 Bitcoin seemed like a complete stretch of the imagination, but has now become like a seemingly reasonable target for the rising digital asset,” he said.
“We see cryptocurrency and digital assets going completely mainstream, disrupting traditional financial institutions, and giving economic empowerment to people all over the world in need.”
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
