CoinsPaid, an Estonia-licensed crypto payment provider on a mission to bridge the gap between crypto and traditional finance, headed to Amsterdam for Money20/20 Europe 2024 this June, and we caught up with the company.
The Fintech Times chatted to Max Krupyshev, CEO and co-founder of CoinsPaid, to hear more about the evolution of the crypto industry as well as the company’s achievements so far.
Reflecting on the early days, Krupyshev recalled: “When I started in 2013, I was one of the first people in Ukraine who started spreading the word – the gospel of cryptocurrency.” He outlined the gradual growth and acceptance of crypto, saying: “Every year something new happens.”
Addressing barriers to widespread crypto adoption, he identified “education and ignorance” as significant hurdles, noting that many decision-makers are hesitant to embrace new technologies like blockchain.
On regulatory changes, Krupyshev also highlighted the importance of the Markets in Crypto-Assets (MiCA) regulation in Europe, which aims to harmonise crypto regulations across the EU.
Looking ahead, CoinsPaid plans to integrate new assets, develop centralised payment solutions, and expand into the US market, particularly in California. Krupyshev also mentioned the company’s efforts to adopt new regulations and continue growing with the market.
Watch The Fintech Times chat to Max Krupyshev at Money20/20 Europe 2024
