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Uldis Teraudkalns

CEO
Nexpay
Member since
29 Sep 2021
Location
Vilnius
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Followed by John Sims, Martha Boyle and 5 others you follow
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Uldis's opinions

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Uldis Teraudkalns

E-money takes centre stage: 8 trends fueling EMIs growth in banking

Uldis Tēraudkalns, CEO of Nexpay We’ve come a long way since Electronic Money Institutions (EMIs) first appeared in the 2000s. 20 years ago, there was concern about where this e-money trend was taking banking. But time has proved the doubters wrong. According to a KPMG report, in Europe (not counting the UK) between 2017 and 2021, 852 firms were g...

25 January 2024 /payments /retail Transaction Banking

Uldis Teraudkalns

Why the future of money is hybrid

I’ve lost count of the times I’ve read breathless blogs about the imminent collapse of fiat currencies and the mass adoption of all things to do with Web3 and cryptocurrencies. I can only assume that there is a large group of people who believe - or want you to believe - that a lever is about to be pulled, ejecting the whole world of traditional f...

21 March 2023 /payments /crypto Fintech

Uldis Teraudkalns

Digital assets should return to the spotlight

2022 was a rocky year for the digital assets industry, with significant market value losses. The FTX scandal hampered the trust of crypto investors and the industry in general. These hardships are only temporary, as the previous crypto cycles have shown. Even though this crypto winter did not follow the usual cycle trends, blockchain technology sh...

16 January 2023 /crypto /predictions Fintech

Uldis Teraudkalns

3 ways to maintain your perspective in crypto winter 3

Advocates of new technologies often like to think they exist outside the usual rules and trends of business. There are plenty of signposts for how this usually works out. The most famous is the “hype cycle” from tech high priests, Gartner. In the cycle, a new tech emerges, sounds exciting and gets hyped out of sight until it reaches “the peak of ...

22 November 2022 /crypto /markets

Uldis Teraudkalns

Bitcoin’s real credibility test comes now

Crypto values have taken a hammering since December ‘21. Now comes the test of how committed the industry is to its claims of mass adoption. “It’s money 2.0, a huge, huge, huge deal,” investor Chamath Palihapitiya famously once said about Bitcoin and, since those early days, talk about mass adoption has remained high on the crypto agenda. There ar...

10 June 2022

Uldis Teraudkalns

Crypto compliance - a challenge that has to be solved in 2022

Compliance remains a huge headache for crypto operators and buyers. We simply have to get to grips with it in 2022. The picture was not pretty in 2021. Binance, the world’s biggest cryptocurrency exchange, was investigated by the U.S. Justice Department and Internal Revenue Service, trying to get to grips with potential money laundering. Authoritie...

09 March 2022 /regulation /crypto

Uldis Teraudkalns

Thinking as widely as possible about the crypto ecosystem

Thirteen years ago, an anonymous person or entity named Satoshi Nakamoto published the iconic Bitcoin whitepaper. The whitepaper, which comprised only nine pages, contained enough to change the world, and crypto currencies have since moved from an obscure curiosity to the mainstream. The total market value of all the crypto assets surpassed $2 tri...

13 December 2021 /regulation /crypto

Uldis Teraudkalns

How we can make blockchain more secure

However you read the facts and motivations behind the Poly Network hack, it was still possible to remove over $600 million in cryptos without anyone being able to stop it. In both cases - Poly Network’s $600 million and Kucoin’s $285 million losses - all or nearly all of the missing money returned to where it came from. But that’s hardly the poin...

30 November 2021 /security /crypto

Uldis writes about

  • security
  • payments
  • regulation & compliance
  • retail banking
  • cryptocurrency
  • markets
  • predictions

Uldis's opinion archive

  • 2024 (1)
  • 2023 (2)
  • 2022 (3)
  • 2021 (2)
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