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@GintareBudr

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CEO & Co-Founder of @micapassapp | Rules don't drive innovation | Helping companies navigate new crypto regulations

Joined November 2013
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@GintareBudr
Gin
6 months
Tech founders love building. Biz founders chase customers. Great startups need both. Business gets you off the ground — tech keeps you flying ✈️.
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@GintareBudr
Gin
8 months
SEC lately be like: “You know what? Never mind.” 🤷‍♂️ First Binance, then Coinbase, now Yuga Labs—NFTs aren’t securities, and crypto cases are dropping like flies. Is this a new strategy or just regulation fatigue? 👀 Europe, your move. ⚖️ #Crypto #NFTs #SEC #Web3
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@GintareBudr
Gin
9 months
#DeFi regulation approach may differ, but as #IOSEC recommends "same activity, same risks, same regulatory outcome".
@micapassapp
micapass
9 months
IRS vs MiCA DeFi approach: US targets front-end only while EU regulates full stack. Interface-level reporting starts 2027 in US, but EU demands comprehensive compliance. The regulatory divergence begins! 🌐⚖️ #DeFi #Regulation
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@GintareBudr
Gin
10 months
For #DeFi protocols, implementing #compliance layers will be crucial to maintain EU market access while preserving global liquidity.
@micapassapp
micapass
10 months
USDT delisting in EU: DeFi faces liquidity reshuffling but opportunity knocks. Watch for: 1) Rise of MiCA-compliant stables 2) New arbitrage corridors 3) Geo-specific compliance layers Evolution, not extinction 🌍⚖️
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@micapassapp
micapass
10 months
DeFi's future isn't about dodging regulation or surrendering autonomy - it's about building intelligent compliance into protocols. User-centric models + smart contracts = sustainable innovation. The real revolution is in how we approach compliance 🔐⚖️
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@micapassapp
micapass
10 months
User-centric compliance could be the future of crypto regulation. Instead of centralized KYC silos, imagine users owning their compliance proofs. Privacy meets regulation. The next frontier? 🔐⚖️
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@micapassapp
micapass
11 months
Soon we are entering the final month before the Markets in Crypto-Assets (#MiCA) regulation takes effect on December 30, 2024. This regulation will establish a unified framework for crypto-assets across EU member states. Are you ready?
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@GintareBudr
Gin
11 months
Compliant but anonymous. 2 months until #MiCA Get ready with @micapassapp.
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@micapassapp
micapass
1 year
Don't gamble with your project’s future — let us help ensure your token launch is airtight and compliant. ✅ Pass the whitepaper's audit, and get 50% off!
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@micapassapp
micapass
1 year
87% failure rate for crypto registrations in the UK highlights a serious gap in regulatory compliance. For companies, navigating these controls is critical, but the system’s delays and complexity are clearly pushing many to explore friendlier jurisdictions.
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@GintareBudr
Gin
1 year
Fractal ID after resent data breach: "Although the company offers a decentralized identity product, it uses centralized databases to store client data." Sounds familiar? Cannot wait to see how EUDI wallet concept will take over standart KYC process using blockchain technology
@TheBlock__
The Block
1 year
Fractal ID data breach traced to 2022 hack of employee who reused password
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@EthCC
EthCC - Ethereum Community Conference
1 year
Three legends on stage together for 10 years of #Ethereum 🫶 A huge ‘thank you!’ to @VitalikButerin, @gavofyork & @ethereumJoseph for speaking at EthCC[7] back-to-back today, we’re so grateful to bring the community together for this moment! ✨
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@GintareBudr
Gin
1 year
#MiCA could be the summer rain Euro-based #stablecoins need to grow and flourish 🌦️🌻. How well the industry adapts to this new season will determine if #stablecoins become a vibrant part of digital finance or if they encounter some growing pains along the way.
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@micapassapp
micapass
1 year
Last year, we were hunting for investment in the Baltics. We got it, made a push, and are happy with what we have. The next round begins now. We’ll pitch at the @bcfounders Season 5 Demo Day on 20 June! 🤞 #web3 #startup #entrepreneur
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@micapassapp
micapass
1 year
The travel rule is a pressing issue for crypto-asset service providers (CASPs). The Transfer of Funds Regulation (TFR) impacts all CASPs involved in crypto-asset transfers, including NFTs, regardless of their status under the Markets in Crypto-Assets (MiCA) regulation. As noted
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@micapassapp
micapass
1 year
#EMT, #MiCA, and Public Ledger – the holy trinity we can help any #EMI achieve. This means we aim to help create digital money that meets European regulations, can be used widely online, and ensures transparency and security. A major challenge is managing EMT circulation among
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@micapassapp
micapass
1 year
Fear is a good motivator. Accountability is a good goal. Four years in prison—that's how much Tornado Cash developer Alexey Pertsev will get for money laundering. Not for money laundering, but for not preventing it. The court said: "Tornado Cash does not pose any barrier for
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@GintareBudr
Gin
1 year
“The chain of tomorrow will have to have public infrastructure that everyone can access but you have to give the application creators the sovereignty to comply with existing regulation and to have control over what they want to offer to the world.” https://t.co/yJXmiUJGpQ
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ft.com
Plus, Robinhood receives a Wells notice and better news for FTX customers
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@GintareBudr
Gin
1 year
💥 MUST HAVE THIS SPRING 💥 Filter out bad actors cause wearing black(list) is always on top 🕵️😎
@micapassapp
micapass
1 year
Get #AML report today – stop worrying about tomorrow! Introducing MICARISK – AML Compliance Audit for #DeFi protocols. Get a comprehensive AML Compliance Audit risk assessment by sharing your smart contract address — understand and mitigate the risks you face daily. As a DeFi
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