Companies news
Interview with Eric Barbier, Founder and CEO of Triple A: Ambitions of MAS’ first licensed crypto payments player
This article was first published in The Asian Banker on 28 January 2022.
Eric Barbier, founder and CEO, TripleA, speaks with Emmanuel Daniel, founder of The Asian Banker, about receiving the first crypto payments licence from the Monetary Authority of Singapore (MAS) under the new Payment Services Act.
Eric Barbier, founder and CEO, TripleA, discussed the various reasons and ways his company secured the first crypto payments licence from the Monetary Authority of Singapore (MAS) under the new payment services act in the country. He also shared his extensive experience in the financial services industry, delving into the recent hearing on cryptocurrencies in the U.S. Congress and giving his two cents on the future of payments as the COVID-19 pandemic persists.
During the interview, the two industry experts also analysed the growth opportunity and the development of infrastructure and cryptocurrency from the emerging countries that are embracing them more inclusively than the more developed economies.
Watch the interview here: Ambitions of MAS’ first licensed crypto payments player - YouTube
The following key points were discussed:
- Regulation at a federal level would be a big game changer
- Compliance is the most important principle of payment
- Most of the mobile wallets are in emerging markets
- COVID-19 has been a huge driver of wallets
- TripleA got MAS’ first crypto licence
- NFTs are here to stay as technology continues to evolve
Read the transcript here.