Dr. Firas N. Habach, CFA

Economist and ₿anker | Central Europe MLRO @RevolutApp | Ex-Board Member at @MountainUSDM | Lecturer & Speaker | Ex-Sygnum, Ex-JPM & Ex-DB

[Mountain Protocol @MountainUSDM]

Mountain Protocol is proud to join Anchorage Digital, home to the only federally chartered digital asset bank in the U.S.

Together, we’re building the next chapter for stablecoins.

[Mountain Protocol @MountainUSDM]

Great stablecoin report by @nic_carter

Data speaks more than anecdotes. To date this is the most comprehensive report that we know of.

[Mountain Protocol @MountainUSDM]

Crypto is one of the first tech waves that is truly geographically decentralized. Unlike most tech waves where products are built in California and exported to the world, crypto is being built globally.

Emerging markets in particular are not just markets for crypto to be used, but also a place where hundreds of thousands of freelancers are getting paid in crypto and solving their own problems with technology that then gets exported.

@mcarrica, our CEO and Co-founder, discussed about this topic at the recent Token 2049 event.

[Dr. Firas N. Habach, CFA @fnhabach]

I am thrilled to announce that I am joining @RevolutApp as Swiss Head of Financial Crime Compliance (MLRO), coming together with brilliant minds to solidify the foothold in #Switzerland.

[Martin Carrica @mcarrica]

This is a big achievement for a prudentially regulated financial entity and is a big signal for our users.

Receiving a Class F license requires a high level of governance, risk management and process maturity that took long to build.

Thank you to all that helped us get there, including our team, our board of directors and advisors, @fnhabach @matt_homer @nic_carter and Jeff Baron, and everyone who helped along the way.

[Mountain Protocol @MountainUSDM]

We are proud to announce that our license has been upgraded to a Full license by the Bermuda Monetary Authority (Class F) - the highest obtainable license for Digital Asset Businesses in Bermuda.

This is a license that only a handful of companies have accomplished, including the likes of Coinbase, Circle, Hashkey and Zero Hash.

This is the first time a Bermuda-based Digital Assets startup got promoted from a Class M to a Class F in less than a year of operations.

It's a big step forward for the company from a regulatory perspective, and it underscores our commitment to maintaining the best prudential, governance, compliance, and cybersecurity standards, as well a signal to users on the prudential standards followed by the issuer.

[Dr. Firas N. Habach, CFA @fnhabach]

@MountainUSDM Welcome to the board @nic_carter and Jeffrey!

[Mountain Protocol @MountainUSDM]

10/ As part of the Series A, we are expanding our Board of Directors by adding leaders from the industry to continue to build the safest USD asset on-chain. Welcome on board!

[Mountain Protocol @MountainUSDM]

1/ Today we are thrilled to announce our $8M Series A, led by @multicoin, with participation from @CastleIslandVC, @cbventures, @BanklessVC, @deptofxyz, @borderless_cap, @Aptos and others

[Mountain Protocol @MountainUSDM]

Mountain Protocol's USDM has been assessed by S&P for secondary market stability and deemed the product as adequate.

For a <1y issuer, this is an amazing achievement and result of: (a) being prudentially regulated and (b) following a tried-and-true stablecoin construction approach.

https://t.co/FNjbomMXid

[Sygnum Bank @sygnumofficial]

What are the compliance complexities facing banks when dealing with digital assets? From @ThePaypers: “A key consideration is a consistent definition of digital assets and regulation across jurisdictions. We have seen a gradual convergence. This is particularly evident in Switzerland, the EU, Singapore, and the UAE,” says @fnhabach, our Head of Compliance and MLRO, in this recent interview: https://t.co/x8JSzwxIzw

#RegTech #crypto #AML

[The Defiant @DefiantNews]

🌋 Mountain Protocol's $USDM Quietly Becomes Largest Treasury-Backed Stablecoin

@MountainUSDM is also the third-largest RWA protocol by total-value locked.

Read more:
https://t.co/dQaJGcq6ow

[Sygnum Bank @sygnumofficial]

📣 News: Sygnum raises more than USD 40 million in interim close of oversubscribed financing round.
Read the full announcement here: https://t.co/v2XD4duICY

#fundrasing #sygnum

[CRYPTO2030 @C2030_]

We are currently on the last panel of the day discussing DEXs in #DeFi.

In this panel, we unpack milestones and their impact on the wider ecosystem.

The conversation continues with the future of DEXs, technology, regulations and adoption.

Moderator: Magdalena Boškić, @sygnumofficial

Panelists:
🗣️ Yana Afanasieva, Competitive Compliance GmbH
🗣️ Christoph Scholze, @fija_finance
🗣️ Michel S, @Edelcoin1
🗣️ @fnhabach, @sygnumofficial

#CRYPTO2030

[Dr. Firas N. Habach, CFA @fnhabach]

@WCF_2030 Looking forward to share my broad thoughts about various #regulatory #developments and considerations of #DeFi shaping the industry alongside my fellow moderator and panelists later today at @WCF_2030 in Davos.

(!) If any peers from Compliance teams are present, reach out!

[Dr. Firas N. Habach, CFA @fnhabach]

@WCF_2030 Looking forward to share my broad thoughts about various #regulatory #developments and considerations of #DeFi shaping the industry alongside my fellow moderator and panelists later today at @WCF_2030 in Davos.

(!) If any peers from Compliance teams are present, reach out!

[Sygnum Bank @sygnumofficial]

The SEC's recent approval of Bitcoin spot ETFs, including @BlackRock’s, turns a fresh page for the crypto industry, as the sector continues its growing integration into mainstream finance. Read more here: https://t.co/0dMuZhUWTb
#Bitcoin #ETFApproval

[CRYPTO2030 @C2030_]

Gain insights on the future of DEXs covering its regulations and adoption, with our moderator, Magdalena Boškić, and the panelists:

🗣️ Yana Afanasieva
🗣️ Christoph Scholze
🗣️ Michel Sharbin
🗣️ @fnhabach

Be a part of this conversation. 🗣️ https://t.co/JLBUa11em6

[Sygnum Bank @sygnumofficial]

More than 30 digital assets are available to trade directly against USD, CHF, EUR and SGD with Sygnum digital asset banking. Learn more here: https://t.co/oqymIi0rtL

#trading #digitalassets

[Sygnum Bank @sygnumofficial]

Are you at @token2049 in Singapore? Swing by Booth M72 on Level 5, right in front of the KuCoin stage and chat with Sygnum’s Head of DLT and Corporate Clients, @nrpalao, about how you can invest in digital assets with complete trust. We look forward to seeing you there!