RATE Group | Yasen Yankov from Paysafe Group Names the Three Things Needed to Put Cryptocurrency on a…
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Yasen Yankov from Paysafe Group Names the Three Things Needed to Put Cryptocurrency on a…

15 Sep Yasen Yankov from Paysafe Group Names the Three Things Needed to Put Cryptocurrency on a…

Posted at 02:41h in Cryptocurrency News by

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Yasen Yankov, Engineering Manager at Paysafe Group, shares his views on the barriers to the mass adoption of blockchain and cryptocurrency and explains his attitude towards the ICO boom.

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The mass adoption of cryptocurrencies is one of the hottest and most discussed topics at the NEXT BLOCK conference in Sofia today. All speakers have had something to say on the subject and have given their personal take on the situation.

Yasen Yankov,  an Engineering Manager at Paysafe Group, believes that we do not have to fight the regulators, we need to embrace regulation as that’s the only way towards a more mature industry.

“In order to have the mass adoption you need to have three things: the first is shared KYC all over the ecosystem, the second one, the shared payment method and payment gateways which connect fiats to crypto; and the third one there shouldn’t be a guy who is asking the question what was that crypto thing,” Mr. Yankov explained.

Large crypto companies like Coinbase,…

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