Mark duBose

Chief Compliance Officer at Circle

Mark duBose is the Chief Compliance Officer at Circle, a global crypto finance company. He is also an expert advisor, judge and mentor for MassChallenge FinTech, a global accelerator for companies innovating in banking, payments, digital assets, insurance and asset management.

His law degree and MBA are from Wake Forest University.

At Circle, Mark leads the company's compliance and Enterprise Risk functions and team across all global businesses, including digital assets, trading exchange, payments platform and money transmitter businesses, broker dealer, and OTC trade desk.

9:20 AM - 10:10 AM

Friday March 6th, 2020

We Do Bank Crypto – How to Provide Services to Crypto Firms, and How You May be Doing it Already

(Whether You Know it or Not)

As the number of crypto-related businesses multipies and a growing number of individuals hold cryptocurrencies, saying “we don’t bank crypto" is no longer a viable, risk-based compliance approach. In this session, experts discuss how to approach existing and prospective customers engaged in crypto activities. While we can’t answer whether your institution should bank crypto companies, presenters will discuss their own experiences working with banks that have done just that, as well as give insights from the crypto companies that have made it through the onboarding process. We'll also reveal how financial institutions already have exposure to the crypto world - whether they know it or not - and what they can do about it.