Delos Banking

Our team enjoyed participating in the ADFW Abu Dhabi Finance Week powered by ADGM post The Bitcoin Mena Conference Extremely insightful to listen to, and take part in: - Brian B. and Miriam Kiwan speak about regulated #stablecoin adoption in the #middleeast and Circle ‘s plans for regional expansion - Insightful panels on #fintech regulation in the Gulf, new-age #transactions monitoring and impact of AI on the modern finance and #digital assets landscape - Congratulating our #friends and #clients Deus X Pay on their #rebrand. Was an absolute pleasure spending some quality time with the team Delos Banking is bullish on #stablecoin adoption and payments, evolving digital assets landscape and excited to launch our #MENA base in the region in 2025 Onwards and upwards from here! #digitalfinance #digitalassets #futureofbanking Sacha Deloras Richard Crook Tim Grant Greg Gardner Vanesa Lin Zachary Assuline

Our team had the pleasure of hearing Eric F. Trump deliver a keynote at The Bitcoin Mena Conference where he shared his vision to champion Bitcoin in the U.S. and beyond. His message highlighted Bitcoin’s transformative potential to drive innovation and financial #freedom on a global scale. #Leadership that transcends political lines and focuses on advancing groundbreaking technologies like #Bitcoin is vital as we shape the future of finance together. At Delos Banking, we remain committed to supporting #compliant businesses championing Bitcoin with regulated #banking and on/off ramping infrastructure. #Innovation #Leadership #FutureFinance #CompliantBanking

This week in #fintech, significant developments have emerged in regulation, compliance, and cryptocurrency. ⬛️ In #regulatory news, the UK's Financial Conduct Authority (FCA) is set to implement stringent regulations on cryptocurrency companies, aligning them with traditional financial institutions. These measures will introduce capital requirements, insider trading rules, and enhanced consumer protection standards, with comprehensive rules expected by early 2025. 🟩 On the #compliance front, Wise, the London-listed fintech firm, is under scrutiny from Belgium’s National Bank for gaps in its anti-money laundering protocols. The regulator has called for a remediation plan, including #freezing non-compliant accounts and #verifying customer details, which may be considered as an example of increasing regulatory pressure on fintechs to match the compliance standards of traditional banks. ⬜️ Meanwhile, #Bitcoin's value experienced significant volatility, surpassing $97,000 on Thanksgiving before stabilising around $95,000. Analysts attribute this fluctuation to decreased institutional demand and profit-taking by long-term holders, suggesting ongoing market volatility. 🟩 In Spain, asset #tokenization advanced notably as Ursus-3 Capital secured regulatory approval to issue and manage #blockchain-based securities. This milestone signals meaningful progress in incorporating blockchain technology into traditional financial systems, offering the potential for greater transparency and operational efficiency. As the #fintech sector grows more intertwined with global financial infrastructure, these developments highlight the importance of regulatory alignment, strong compliance measures, and innovation in #DigitalAssets. At Delos, we remain committed to supporting businesses with forward-thinking financial solutions that keep pace with our ever-evolving industry. #DelosNews #WeeklyNews

🌍💳 De-banking is finally public knowledge after the recent Joe Rogan Experience episode featuring Marc Andreessen shed light on the far-reaching impact of de-banking and Operation Chokepoint 2.0. Andreessen shared that over 30 tech founders, many in crypto, have been systematically de-banked in recent years, with regulatory policies allegedly targeting politically disfavored industries. The first high-profile mass-media discussion about de-banking is fascinating to witness, especially since those in the industry have been sounding the alarm for years about de-banking of not only individuals, but corporates and even banks. Industry pioneers like Caitlin Long, founder of Custodia Bank, have long highlighted these issues in specialist press, making this a well-known challenge within digital asset and banking circles. Adding fuel to the fire, Elon Musk recently called for the elimination of the Consumer Financial Protection Bureau (CFPB), arguing it adds to regulatory overlap and creates unnecessary barriers. These discussions bring financial access and innovation to the forefront. 💡 What are de-banking and Operation Chokepoint 2.0? De-banking: The exclusion of businesses from banking services, disproportionately impacting high-risk or emerging industries. Operation Chokepoint 2.0: Alleged covert actions aimed at restricting banking access to lawful but controversial sectors. 🏦 At Delos Banking, we’ve been actively combating these challenges by: 1️⃣ Supporting compliant actors in underbanked industries like digital assets. 2️⃣ Building a multi-bank redundancy network to minimize de-banking risks and ensure service continuity. 3️⃣ Offering global payment rails (SWIFT, ACH, SEPA, FEDWIRE) through a compliance-first platform. 4️⃣ Providing tailored APIs and white-label solutions for businesses seeking resilient financial infrastructure. 🔍 Why this matters: Access to banking is crucial for economic growth and innovation. Restricting it not only stifles emerging industries often viewed cautiously by politicians and regulators but also cuts off the critical flow of funds that fuels the growth and success of businesses already shaping our financial and technological future. Let’s keep this dialogue going. How do we strike the right balance between regulation and financial inclusion? Leave your thoughts in the comments below. #Debanking #OperationChokepoint #ElonMusk #CFPB #FinTech #DelosBanking #InnovationInBanking #FinancialInclusion

This week in #fintech, significant developments have emerged in regulation, compliance, and cryptocurrency. ⬛️ In #regulatory news, the UK's Financial Conduct Authority (FCA) is set to implement stringent regulations on cryptocurrency companies, aligning them with traditional financial institutions. These measures will introduce capital requirements, insider trading rules, and enhanced consumer protection standards, with comprehensive rules expected by early 2025. 🟩 On the #compliance front, Wise, the London-listed fintech firm, is under scrutiny from Belgium’s National Bank for gaps in its anti-money laundering protocols. The regulator has called for a remediation plan, including #freezing non-compliant accounts and #verifying customer details, which may be considered as an example of increasing regulatory pressure on fintechs to match the compliance standards of traditional banks. ⬜️ Meanwhile, #Bitcoin's value experienced significant volatility, surpassing $97,000 on Thanksgiving before stabilising around $95,000. Analysts attribute this fluctuation to decreased institutional demand and profit-taking by long-term holders, suggesting ongoing market volatility. 🟩 In Spain, asset #tokenization advanced notably as Ursus-3 Capital secured regulatory approval to issue and manage #blockchain-based securities. This milestone signals meaningful progress in incorporating blockchain technology into traditional financial systems, offering the potential for greater transparency and operational efficiency. As the #fintech sector grows more intertwined with global financial infrastructure, these developments highlight the importance of regulatory alignment, strong compliance measures, and innovation in #DigitalAssets. At Delos, we remain committed to supporting businesses with forward-thinking financial solutions that keep pace with our ever-evolving industry. #DelosNews #WeeklyNews

In 2023, the U.S. dollar continued to dominate global finance, facilitating nearly 47.8% of cross-border #transactions processed through SWIFT. Additionally, the #Fedwire Funds Service moved an astounding $91.15 trillion in transactions in just December of last year, while the #ACH network handled 31.45 billion payments worth $80.1 trillion over the year. As 2024 wraps up, the U.S. still remains at the heart of global banking infrastructure, with significant portions of international correspondent #banking transactions routed through the country in dollars. At Delos, we are here to empower international and domestic corporates, digital asset companies, and financial institutions with settlement accounts in U.S. Dollars with access to #SWIFT, Fedwire, and ACH, along with services in 30 additional currencies to simplify global operations. Whether your focus is international #expansion, efficient settlements, or multi-currency flexibility, Delos delivers solutions tailored to your needs. Ready to unlock #global opportunities? Book a call via the link: https://lnkd.in/dE5MBZxk 📅 #Delos #DigitalCurrencies #USD #USDtransactions #DigitalBanking #InternationalTransactions #fintech

December is going to be an exciting and action-packed month for the Delos team! We're hitting the road (and the skies) to participate in some of the most impactful events in the fintech, blockchain, and finance sectors ✈️ Meet us here: 🟩 1-3 December - ETH Riyadh - Riyadh, Saudi Arabia ⬜️ 4-5 December - FinTech Connect - London, UK 🟩 5-6 December - The Block - Prague, Czech Republic ⬛️ 9-10 December - The Bitcoin Mena Conference - Abu Dhabi, UAE ⬜️ 11 December - Investpro EU - Warsaw, Poland 🟩 9-12 December - Abu Dhabi Finance Week - Abu Dhabi, UAE ⬛️ 12-13 December - Global Blockchain Show - Dubai, UAE We believe that the best ideas come from open dialogue and #collaboration. Whether you're interested in what we're doing at Delos or want to chat about the latest industry trends - let's connect. Safe travels to everyone hitting the road this December.  See you soon! 🤝🏽 #DelosAttends #ETHRiyadh #FintechConnect #TheBlockPrague #BitcoinMENA #InvestproEU #FinanceWeek #FinanceWeekAbuDhabi #BlockchainShow Bosco Conference ADFW

The use of #stablecoins as a reliable mechanism for cross-border transactions has seen significant growth recently. Recognising this trend, Delos offers a comprehensive platform that integrates both #fiat and #DigitalAssets, facilitating seamless cross-border transactions. Clients can open #multiple segregated bank accounts with a single #KYC submission, allowing them to manage #fiat and #digitalasset holdings within one unified system. This setup enables secure receipt of digital assets into custodial wallets with the option to convert these assets into IBANs provided by Delos and our partner banks. "By combining traditional #banking services with digital asset management, we simplify #international payments and settlements for companies engaged in global operations. Our goal is to #empower businesses with the tools they need to operate efficiently, regardless of their location, providing #secure, streamlined solutions that bridge the gap between fiat and digital currencies" - says Alex Michael, CBDO at Delos. #Delos #StablecoinSettlements #BaaS #fintech #DigitalBanking

📢 Delos at Finance Magnates London Today, our Chief Business Development Officer, Alex Michael, will attend the Finance Magnates London 2024. As one of the most anticipated events in the financial and trading industries, the summit gathers top-tier professionals from #fintech, #payments, #trading and #blockchain. Delos will be on hand to discuss our financial solutions tailored for higher-risk industries. These include:  • Business/Corporate Accounts  • B2C Payment Solutions  • Embedded Digital Asset Wallets  • Seamless On/Off Ramping  • Named EUR SEPA Accounts  • GBP, EUR, USD, AED, and THB SWIFT  • EUR SEPA Transfers Use the opportunity to connect with Alex, who is ready to discuss how Delos can #empower your #business to succeed in a competitive landscape. Reach out to him directly or use https://lnkd.in/dE5MBZxk to book a meeting 📅 We look forward to seeing you at the #FMLS2024! #DelosAttends #FinanceMagnates #InnovationInBanking #CorporateBanking #BaaS // FM events