Innokenty Isers

[Innokenty Isers @InnokentyIsers]

Talked to Forbes about what UK firms can learn from Europe’s MiCA rollout.
My view: one rulebook across the EU was the right call. The pace was the problem. MiCA was a revolution at a time when the industry needed an evolution. Europe’s payments rules had 15+ years to settle. In some markets, crypto firms got six months.
For the UK, the application window runs until 28 February. I’d judge the regime by how competitive the market stays, not by how many firms are authorised.
Full piece here: https://t.co/qEePYArbe2

[Innokenty Isers @InnokentyIsers]

E-money licensing took about 15 years to mature. MiCA asked crypto companies to get there in one jump.

EMI rules evolved step by step: PSD1, then PSD2, and PSD3 is now being finalized. The market grew alongside the rulebook. MiCA went the other way. Crypto firms moved from light-touch national regimes to a full institutional-grade compliance bar all at once. It's like being told to jump from the ground floor to the 100th instead of climbing the ladder. Some large companies haven't cleared it, and plenty of small ones have been wiped out because there was no gradual path.

The regulators were in the same position. They went from knowing very little about crypto to supervising it like banks, almost overnight, and it shows. Regulators are not in sync. The same MiCA licence is granted against different bars in different member states. A licence that is supposed to passport across the whole EU doesn't mean the same thing everywhere, and that undermines the idea of a single market.

I expect the framework to keep evolving. It has to.

[Innokenty Isers @InnokentyIsers]

Europe does not pay one way. Amsterdam pays with iDEAL, Warsaw with BLIK, Lisbon with Multibanco, Vienna with EPS.

As of this week, all four work on Paybis for buying crypto. 🧵https://t.co/zMqCSpyHYx

[Innokenty Isers @InnokentyIsers]

The UK is about to do for crypto what MiCA did across the EU. A movie we've already seen. The new UK crypto regime follows the same path as MiCA, so the direction is no surprise. The market will close to unlicensed firms, the way it did in Europe. The open question is how early companies get ready.
At @paybis our plan hasn't changed: Europe first, then the UK, then every other major jurisdiction as it regulates. We're preparing for the UK regime now.
For a business like ours that's good news. We give partners one integration to our services across the markets where we're licensed, and that only works when those markets have clear rules.

[Innokenty Isers @InnokentyIsers]

21 of the world's largest financial institutions are building their own stablecoin. I think I know what it's for.

Moving USD between the US and Europe over SWIFT can still take most of a working day. For banks moving serious volume, that's a real cost, and a stablecoin they issue and use among themselves fixes it. It's a treasury tool for a very small group.

But a stablecoin is only useful if you can do something with it outside the circle that issued it: pay a supplier, settle with a counterparty, cash out. That takes liquidity, and it's where infrastructure providers like us come in. We sit between institutions like these and the rest of the market (corporates, other institutions, retail) and make the coin usable.

I also doubt these banks want to depend on Tether, given the scrutiny they operate under. They want rails with a compliance history they can defend.

As for USDT and USDC, I think this consortium is a long way from challenging either of them. Liquidity takes years to build, and those two already have it.

[Innokenty Isers @InnokentyIsers]

Brand trust beat fees & speed for 46.7% of our users. Licensing you can verify. Fees you show upfront. That's the whole game now — not who's cheapest today. 👇 https://t.co/CZSj5IlPtZ

[Paybis @paybis]

20+ payment methods. 90+ cryptos. 180+ countries. 🌍

Paybis just leveled up its global crypto game adding local rails like Portugal's MB WAY so you can buy crypto with the same phone & PIN you use daily.

No more card rejections. No more waiting. Just crypto, your way.

Learn more 👇
https://t.co/7VFvoYNKhS

[Innokenty Isers @InnokentyIsers]

Users reject platforms without clear licensing and clear fees - the era of hidden fees is coming to a close as trust becomes the major deciding factor for choosing a crypto platform. https://t.co/39RRlIwOYL

[Innokenty Isers @InnokentyIsers]

🚨 68.6% of crypto users don't know if their exchange is still legal to operate in Europe after MiCA.
⏳ 80% of previously registered firms missed the deadline. <20 of the top 100 exchanges hold a CASP licence - @paybis is one of them.
Full survey: https://t.co/uldB21aIEx

[Paybis @paybis]

📊 New @paybis research: 68.6% of crypto users don't know if their exchange can still legally operate in the EU post-MiCA.
Fewer than 20 of the world's top 100 exchanges hold a CASP license.
More details: https://t.co/IKFLk5smnT

[Innokenty Isers @InnokentyIsers]

Even with the GENIUS Act signed and the SEC backing off, non-users still cite security fears and confusion as their top blockers.

The real path to mainstream crypto is crypto disappearing into products people already trust.
https://t.co/4OSqzgIhot

[Paybis @paybis]

MiCA ✓
PSD2 ✓
Paybis Europe is the first crypto provider in Latvia to receive both licences simultaneously.
Regulated where it matters. Operational where you are. https://t.co/H0VK0h45WS

[Innokenty Isers @InnokentyIsers]

My episode on @crypto0gs podcast is now live 🎙️

Had a great pleasure chatting with @andreswifitv about @paybis’ growth from crypto’s early days to the major shifts we’re seeing today, with institutions (not retail) driving the market.

Listen in ➡️ https://t.co/YjkqL68976

[Paybis @paybis]

🇬🇧 Paybis is UK-bound! We’re soon heading to Pay360 by @ThePAssoc, taking place at ExCeL London in 2 weeks!

As a premier B2B crypto solutions provider, this is your chance to meet us in person, and get to know the products we’ve built for the payments and fintech industry:

✅ Paybis Send for facilitating global instant mass crypto payments
✅ Corporate On-Ramp for those looking to start offering embedded crypto services to their business clients
✅ Crypto Acquiring for accepting crypto payments with no chargebacks & fast settlements.
✅ And a bunch of other payment processing solutions…

Come visit our stand 189 anytime throughout the event!

[Paybis @paybis]

Our CEO, @InnokentyIsers, spoke with SiGMA News on how crypto is re-shaping the iGaming industry.

Read in their X article about the growing demand for crypto, regulatory hurdles that come with it, and the future of digital payments in gaming. 👇

[Innokenty Isers @InnokentyIsers]

@elonmusk How about suggesting a real “back to democracy” to Russia? That would have made a real difference.

[Innokenty Isers @InnokentyIsers]

@elonmusk So a dictatorship country has invaded a democratic country and you are advocating for a transition “back to a democracy” for a democratic country? Have you lost your mind?

[Innokenty Isers @InnokentyIsers]

We are recording live at @SiGMAworld 🎙️✌️
Just wrapped up an epic session on the @crypto0gs podcast! Should be out soon.

Huge thanks to @andreswifitv for the invite. Excited to share how Paybis is revolutionizing iGaming through crypto innovation. The future is defos on-chain!

[Paybis @paybis]

To our incredible team, customers, and partners – thank you for an amazing year!
Wishing you all a joyful and prosperous Crypt-mas season! 🎄🎁

[Paybis @paybis]

We are thrilled to present Paybis 2024 #Wrapped 🌟Here're our 9 favourite highlights of this year:
A thread 👇