You wouldn’t expect a centralized crypto exchange to be launching a self-custody digital asset product, but  Simon McLoughlin (CEO, Uphold) speaks with Ian Andrews (CMO, Chainalysis) on the podcast to talk about VAULT, a self-custody wallet that aims to make holding digital assets easy and convenient for users. Simon shares the growth and challenges Uphold faced during the 2017 bull market and emphasizes Uphold's unique trading infrastructure, which allows for seamless trading between different assets.He explains the rigorous token listing process and the partnership with Ripple to facilitate cross-border payments and their efforts to attract large banks as partners.Simon also covers the various regulatory landscapes in jurisdictions they operate in like the USA, Europe and the UK, as well as global expansion plans to Canada, Brazil, Vietnam, and Australia.  Minute-by-minute episode breakdown (2:07) - Simon's first encounter with cryptocurrency and joining Uphold during the 2017 crypto boom (6:58) - The challenging process of listing new tokens (9:23) - Uphold's unique "anything to anything" trading experience (12:17) - Partnership with Ripple for cross-border payments (16:27) - Encouraging signs with banks approaching crypto partnerships after industry shows resilience (19:50) - Different crypto regulatory approaches by the US, Europe and UK (21:45) - Introduction of Uphold VAULT for easy self-custody (25:13) - Future prospects for the industry and Uphold’s global expansion plans Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Uphold: Discover Crypto Better Press Release: Uphold launches self-custody wallet that supports XRP token Articles: What Is Uphold Vault Report: Uphold Transparency Report Blog: Cryptocurrencies: View all real-time price action for 250+ digital currencies, including majors, alt-coins, emerging tokens, and more Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now! LinkedIn Post: Ledger Wallet Supply Chain Attack (featuring Raz Niv, CTO of Blockaid) YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building 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)  Simon McLoughlin (CEO, Uphold) 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.

The year is 2023 and crypto prices are rising, so why are we approaching private key management like the pirates secured gold in the 1700s?In this episode, Ian Andrews (CMO, Chainalysis) gets a crash course in crypto custody from Diogo Mónica (Co-Founder and President) of Anchorage Digital who are the industry leaders when it comes to crypto custody for institutions.  Diogo explains the need for better private key management and the security challenges faced by institutions in the crypto industry and highlights the importance of Anchorage's federal bank charter and its role in providing trusted custody services to large institutions.He also touches on the crypto regulatory landscapes in USA, Singapore and the EU and the impact on Bitcoin and Ethereum ETFs in the industry, while acknowledging the security issues in DeFi and need for better programming languages. Minute-by-minute episode breakdown (2:10) - Diogo's journey from Docker to the world of crypto and founding Anchorage  (5:43) - The need for better private key management in crypto  (9:20) - The counterintuitive decision to become a bank in the crypto industry (16:40) - Flight to safety and increased trust in federal banks during banking turmoil (19:15) - Importance of Ethereum's successful transition to staking  (25:32) - Potential impact of Bitcoin and Ethereum ETFs on Anchorage and the industry (29:13) - Discussion on the regulatory landscape in the USA, Singapore and the EU (33:45) - Security issues in DeFi and need for better programming languages (37:52) - Partnership with Eaglebrook Advisors for crypto RIAs (41:59) - Excitement for regulatory clarity and stablecoin use cases in the crypto industry Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Company Website:  Anchorage Digital: Crypto for institutions Personal Website: Hi, my name is Diogo Mónica Announcements: Anchorage Digital and Eaglebrook Advisors Partner to Offer Crypto SMA Platform for Wealth Managers Blog: Eight Questions: Diogo Mónica, Co-Founder and President, Anchorage Digital Article: Anchorage Digital launches custody and trading separately managed accounts for registered investment advisors CoinDesk Article: What an SEC Proposal Means for RIAs in Crypto Conference: Chainalysis Links NYC 2024 Conference (Register Today !!) Post: Crypto Update:The Monetary Authority of Singapore has concluded its public consultation 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)  Diogo Mónica (Co-Founder and President, Anchorage Digital) 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 o

When Tommy Nicholas (CEO of Alloy) wrote a blog titled, Your Fraud Model Is Broken, you had to know he and Ian Andrews (CMO, Chainalysis) were going to have a fun and insightful conversation. In this episode, Tommy discusses how early NFTs and Bitcoin transaction speed got him interested in the space and years later his company Alloy is now servicing Fintechs, Crypto and TradFi companies managing their compliance, AML, credit, and fraud risk.He explains the broken fraud model and the need for a shift in approach to focus on the person rather than just the transaction. He emphasizes the importance of transparency and accountability by regulators in the industry and the burdensome requirements placed on the private sector. Tommy also breaks down Alloy's Annual State of Compliance Benchmark Report 2023 and how automation and even AI can support compliance teams in any industry.  Minute-by-minute episode breakdown (2:10) - Alloy's role in managing wide variety of risks for companies dealing with money (5:08) - Alloy as an operating system for risk management instead of just another risk solution  (7:23) - The frustration behind the blog "Your Fraud Model is Broken" (14:33) - The burden and costs of money laundering controls on the private sector (18:27) - The inefficiency of processing suspicious activity reports (22:56) - Threat actors taking advantage of online onboarding (30:03) - How Alloy got into the crypto industry and fraudulent practices they have identified (33:13) - Involvement in the NFT community and the potential of digital collectibles Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Stop fraud, stay compliant, and solve your identity risk problem Report: Alloy's Annual State of Compliance Benchmark Report 2023 Article: Your fraud model is broken Blog: Banks have a friction challenge Blog:: How an SDK can help companies catch more fraud Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) Event: Chainalysis Links Conference NYC 2024 (Apr. 9-10, 2024) - Early Bird Pricing On Now! Video: De Grandpré Chait navigates crypto tax challenges for clients YouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: Building 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)  Tommy Nicholas  (CEO, Alloy) 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 t

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 g

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 expr

"Decentralization will not, absolutely not, be the reason for the average user to use Web3. The average user is not going to use Web3 until it's as easy to use as Web2 and unlocks features that Web2 cannot provide."  This is a powerful quote from this episode's conversation with Ian Andrews (CMO, Chainalysis) and the, Co- Executive Directors of the Web3 Working Group, Amy James and Devon James as they unravel the technical complexities of Decentralized Physical Infrastructure Networks (DePIN) and explain why they believe the next opportunity for wider adoption will not just be adoption in the financial space, but adoption in the technology space.The duo also emphasize the need for open protocols and standards to ensure interoperability and competition in the space, as well as the challenges of building in the Web3 space and the importance of educating policymakers and regulators about the potential for these technologies. Minute-by-minute episode breakdown (2:01) - What is the Web3 Working Group and the need for decentralized physical infrastructure networks (DePins)  (6:08) - Discussing the Open Index Protocol and transitioning from manufacturing to software and Bitcoin (11:20) - Advantages of the protocol and comparison to IPFS and use of BitTorrent and blockchain for indexing content (16:45) - Difficulty in building web3 experiences beyond financial transactions (20:50) - Decentralization won't be the reason for average users to use Web3 (28:02) - Reasons for creating a not-for-profit advocacy group for Web3 and challenges of operating in the US market due to regulations (34:08) - Educating regulators and policymakers on Web3 technology (38:27) - Potential benefits and concerns of traditional finance players entering the crypto space Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website:  Web3 Working Group: Advocacy for Decentralized Infrastructure Protocols Youtube: Weekly Youtube Live Show: What Kind of Internet Do You Want?  Podcast: DarkHorse Podcast with Bret Weinstein  Webpage:  Explore DePIN protocols and the decentralized apps that use them Article: What is DePIN? Blog: Risky Business: The Economics Behind Decentralized Storage Networks Blog: OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware Groups Report: The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) 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) Amy James (Co- Executive Director, Web3 Working Group) Devon James (Co- Executive Director, Web3 Working Group) 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 otherw

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.

When we want to understand the new IRS proposed regulations on digital asset brokers, Ian Andrews (CMO, Chainalysis) knows to speak to Roger Brown (Global Head of Tax Strategy, Chainalysis) before anyone else.  Roger does an excellent job demystifying who is going to be captured by the proposed regs and defines key terms in the regulations such as brokers, digital asset middlemen and persons that will be impacted by the proposed legislation.  He also dissects the impact of these new tax rules on crypto exchanges, payment processors, decentralized platforms, and even DAOs to and describes what facilitative services are that are material to being captured under the regs.  Ian and Roger also discuss how travel rule requirements may be sufficient to satisfy tax rule reporting and highlight the importance of assessing effective KYC obligations. Minute-by-minute episode breakdown (2:13) - Overview of the recent IRS regulations on crypto tax reporting (4:08) - Definition of a broker and digital asset middleman in the context of digital assets (8:20) - Impact of the regulations on decentralized protocols and platforms (11:45) - Importance of information reporting in crypto to tackle the tax gap  (16:50) - IRS's approach to regulating decentralized exchanges leading with guidance vs enforcement  (19:02) - Questioning why stablecoin transactions are subject to reporting (24:08) - Speculation on the reaction of payment processors to the reporting requirements (28:27) - Potential overlap between travel rule compliance and tax reporting (31:45) - Consideration of peer-to-peer exchanges and possibility of bypassing reporting requirements by directly interacting with smart contracts (35:35) - Importance of assessing effective KYC obligations - It's not a matter of if they will apply it's a matter of when Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Report:  The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now)  IRS Proposed Regulations: Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions Blog: IRS Update: U.S. Proposed Tax Regulations Outline Information Reporting Obligations for Crypto Exchanges and Others Blog:  Reporting Obligations of the OECD Crypto Asset Reporting Framework Blog: Infrastructure Investment Act Expands Tax Reporting Obligations for Cryptocurrency Exchanges and Others Report: Notabene: The State of Crypto Travel Rule Compliance Report 2023 Webinar: Global crypto adoption: Does regulation matter for growth? (Nov. 2 2023 at 11am ET | 3pm GMT) with Kim Grauer and Caroline Malcolm 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)  Roger Brown (Global Head of Tax Strategy, Chainalysis) 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 w

Driving Web3 Adoption in TradFi Real world asset tokenization is all the hype with traditional institutions looking to delve into the world of web3, but security, accuracy and reliability of data and price points, continues to keep many on the sidelines. In this episode, Ian Andrews (CMO, Chainalysis) gets to speak with Kemal El Moujahid (Chief Product Officer) of Chainlink, whose team is connecting smart contracts with Web2 systems.  They delve into the benefits of Chainlink's Cross Chain Interoperability Protocol (CCIP) and the potential for real-world assets and data to be integrated into the blockchain in a secure and trust-minimized way. Kemal identifies the tension between speed and security in DeFi bridge transfers and the need for interoperability between chains, in order to unleash the real value of on-chain assets.He also explains Chainlink's role in providing connectivity and solving the limitations of smart contracts and how the future will be balancing real world assets with real world data and real world users. Minute-by-minute episode breakdown (2:15) - Kemal’s journey from Google into the world Ethereum Virtual Machine (EVM) and smart contracts (5:12) - Chainlink's role in providing connectivity and solving the limitations of smart contracts (8:58) - The importance of oracles in connecting smart contracts with Web2 systems (11:25) - Introduction to Chainlink's Cross Chain Interoperability Protocol (CCIP)  (13:55) - The tension between speed and security in DeFi bridge transfers (16:02) - CCIP's approach to waiting for finality on the source chain (21:45) - The connection between SWIFT and CCIP for modernizing the financial system (28:45) - Introduction to Chainlink Functions and its role in connecting smart contracts with Web2 APIs (32:27) - Real world assets, real world data, and real world users Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Chainlink is the decentralized computing platform powering the verifiable web Blog: What Is a Blockchain Oracle? Video:  Chainlink Tech Talk 22: Coinbase: Open-Source NFT Floor Price Feeds Whitepaper: ChainLink: A Decentralized Oracle Network Announcement:Cross-chain by Chainlink The era of secure blockchain interoperability has arrived Blog: OFAC Sanctions Gaza-based MSB Buy Cash with Crypto Ties to Hamas Following Terror Attack Against Israel Blog - Correcting the Record: Inaccurate Methodologies for Estimating Cryptocurrency’s Role in Terrorism Financing 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)  Kemal El Moujahid (Chief Product Officer, Chainlink) 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, refere

Crypto and its Convergence with Institutional Trading Institutional investment has long been the key to mass adoption in the crypto industry but with the chaos of 2022 and the demise of several large industry players, we have to start assessing what the real risks are in this space. In this episode, Ian Andrews (CMO, Chainalysis) gets to speak with Kyle Downey (CEO & Co-founder, Cloudwall), whose team is building what they hope is the world’s most sophisticated digital asset risk platform named Serenity.  Kyle emphasizes the need for better infrastructure and  risk management tools in the crypto space, particularly for institutional investors. and discusses the challenges and opportunities in the DeFi space and the importance of finding a balance between privacy and transparency.   Ian and Kyle double down on the industry needing to prioritize counterparty risk and also touch on what real world asset tokenization will look like for portfolio managers. Minute-by-minute episode breakdown (2:02) - Kyle Downey’s early foray into Bitcoin, Mt. Gox and crypto trading (8:08) - Need for more investment in institutional-grade tools and systems for crypto (13:20) - OTC markets, DeFi platforms and capital efficiency challenges with transparency on the blockchain (17:06) - Momentum and interest in DLT and crypto within financial institutions  (22:25) - Potential impact of risk management platforms and limitations of risk systems in detecting fraud (26:02) - Importance of addressing counterparty risk in the crypto industry (31:45) - The role of risk management tools in attracting risk-averse investors (36:13) - Open questions and challenges in regulating DeFi (42:27) - Serenity's upcoming release and portfolio analytics suite Related resources Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key. Website: Cloudwall: The world’s most sophisticated digital asset risk platform Blog: Analyzing Exchange Token Risk with Serenity Post-FTX12 Newsletter:  The Seven Deadly Sins of Finance: Building a better financial architecture in institutional crypto Case Study: Cloudwall: Empowering Digital Asset Managers with Serenity Announcement: Copper partners with Cloudwall, Bringing Stronger Operational Risk Controls to its Institutional Investors Blog: Latin America: Venezuela and Argentina Stand Out as Examples of Crypto’s Unique Utility Blog - Crypto Basics: The Importance of Blockchain Security 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)  Kyle Downey (CEO & Co-founder, Cloudwall) 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 recom