How To Actually Protect Your Crypto Users: 79% of Users Demand This Crypto Feature | Anthony Yeung, Chief Commercial Officer at CoinCover,

22/10/2025 43 min Temporada 3 Episodio 75
How To Actually Protect Your Crypto Users: 79% of Users Demand This Crypto Feature |  Anthony Yeung, Chief Commercial Officer at CoinCover,

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Episode Synopsis

Trust remains the biggest barrier to crypto adoption. Security breaches, lost access, and the fear of irreversible mistakes keep 79% of users demanding better protection before they'll fully commit to crypto.In this episode, I speak with Anthony Yeung, Chief Commercial Officer at CoinCover, the leader in digital asset protection, and we answer the critical question: How can FinTechs build crypto products that users actually trust?Anthony shares insights on the real risks FinTech leaders need to understand when building crypto offerings, the layered protection approach that top institutions use, and why traditional banking security just doesn't transfer to the crypto world.🔑 Key Highlights:Why 79% of crypto users demand mandatory compensation schemes for protectionHow 20% of all Bitcoin ($billions) is permanently lost due to access issuesWhy your existing bank security partners won't work for crypto infrastructureThe layered defense approach that protects 600+ institutions globallyHow fraud protection with compensation builds trust like traditional card paymentsFollow for more discussions on building FinTech products with customer and commercial impact and to stay updated on the latest episodes.👉 Follow Anthony Yeung: LinkedIn: https://www.linkedin.com/in/coincover-anthony/Website: https://www.coincover.com👉 Follow Monica: LinkedIn: https://www.linkedin.com/in/monicamillares/ YouTube: https://www.youtube.com/@moni_millares TikTok: https://www.tiktok.com/@moni_millares We cover:[00:01:00] Why trust is crypto's biggest barrier to adoption[00:05:00] What is CoinCover and why 600+ institutions use it[00:09:00] The loss of access crisis: 20% of Bitcoin is gone forever[00:14:00] When exchanges get hacked: The $1.5B Bybit story[00:18:00] Why the crypto industry collaborates differently than traditional finance[00:19:54] The risks FinTech CEOs don't know they don't know[00:22:14] Why you can't reuse your bank security partners for crypto[00:27:45] Making crypto accessible: Beyond the top of the pyramid[00:30:32] What is layered protection and why it matters[00:35:30] How to protect against loss of access to wallets[00:41:11] The breakthrough: Fraud protection that works like card disputes[00:44:33] Why 79% of users demand compensation schemes[00:45:48] Top 3 takeaways for FinTech teams launching crypto[00:47:52] CoinCover's global reach and regulatory approachSEARCH QUESTIONSHow to protect crypto users from losing access to wallets?Why is 20% of all Bitcoin permanently lost?How do crypto exchanges get hacked?What is layered protection in crypto security?How to build trust in crypto products?Why traditional banking security doesn't work for crypto?What happens when users lose their crypto wallet password?How to prevent crypto fraud and scams?What is non-custodial crypto backup?How much does crypto security cost for FinTech companies?What are the biggest risks when launching crypto products?How to make crypto accessible for mainstream users?What is MPC and multi-sig in crypto security?How does crypto fraud protection with compensation work?Why do...

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