Crypto CurrenciesFyllo Regulatory Database Now Available for Cryptocurrency

PRNewswire PRNewswireJune 22, 20224 min

Fyllo, the leading platform providing data-driven marketing and regulatory solutions to drive new growth, today announced its expansion into the cryptocurrency vertical. The Fyllo Regulatory Database is available across the U.S. to help businesses ensure their current and planned cryptocurrency products are compliant in the constantly changing, complex and often ambiguous regulatory environment.

The Fyllo Regulatory Database, which services compliance leaders in the cannabis sector, including MSOs, law firms and entrepreneurs, will now provide the same view of regulatory activity for cryptocurrency helping users to identify and take action against compliant, data-driven growth opportunities with speed and scalability.

“Since launching in 2019, Fyllo has rapidly expanded to address the cannabis industry’s need for compliant marketing solutions and jurisdiction-level regulatory solutions. With similar challenges and high-growth opportunities present in the cryptocurrency vertical, expanding our Regulatory Database to serve them is a natural evolution of the business,” said Chad Bronstein, CEO and Founder of Fyllo.

A recent Harris Poll study commissioned by Fyllo found that almost half (46%) of respondents reported compliance/regulation as one of the biggest barriers to achieving their current business goals. However, the unique and immediate opportunities in cryptocurrency have pushed many operators to take a high-risk approach to growth, with over 4-in-5 (85%) agreeing that their company is willing to release a new product/service even if policies and regulations that may impact the product/service are not finalized yet.

The Fyllo Regulatory Database for cryptocurrency addresses the needs of organizations with this unique challenge, allowing them to scale rapidly with access to information they need to prepare themselves for disruptive compliance infringements. Automated alerts can be set up through the database, notifying users if something changes, enabling them to spot trends and filter through information faster. The platform will be available through a SaaS self-service model, providing instant access to the latest regulations.

Bronstein concluded, “Fyllo is building the technology and solutions that will enable companies to thrive in the new economy. Crypto and cannabis are just the beginning, as we see applications across many of today’s growth sectors.”

The Fyllo Regulatory Database is also available for the short-term rentals industry. To learn more about Fyllo and their regulatory solutions please visit https://hellofyllo.com/regulatory-solutions.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News

PRNewswire

PRNewswire

Leave a Reply

Your email address will not be published. Required fields are marked *

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2022 © All Rights Reserved