How Bittr Reopened In Europe

Watch This Episode On YouTube

Listen To This Episode:

On this episode of the “Bitcoin Magazine Podcast,” Christian Keroles sat down with Bitcoin entrepreneur Ruben Waterman.

Waterman innovated in the Bitcoin exchange space with his company Bittr by being one of the first minimalist dollar-cost average (DCA) Bitcoin apps around. Bittr unfortunately had to shut down in 2020 due to heavy-handed regulation and uncertain enforcement from the EU’s fifth anti-money laundering directive (AMLD5). AMLD5 would have forced Bittr, run by a tiny team, to take on an enormous amount of compliance regulation and overhead work. Due to this, Bittr had to shut down, but Waterman did not lose hope altogether. After a brief break, Waterman returned to find a path and partnerships to resurrect his Bitcoiner-friendly DCA business.

Source link

You May Also Like