Banks should seriously analyze the mechanisms of financing through cryptocurrencies, especially in countries without a functioning capital market, for example, in Moldova, - Alexander Picker
This opinion was expressed by the Chairman of the Board of Moldindconbank Alexander Picker in an interview with CryptoDigest Moldova, in which he spoke about the impact of virtual assets on the banking system of Moldova and the prospects for the development of the crypto sector. The banker believes that the introduction of regulation of crypto assets in Moldova in 2026, through the approval of the MiCA regulations, is a belated but necessary step. In his opinion, the National Bank should launch a "sandbox" (an isolated and controlled test environment) now - this is especially important in the context of transparency and the fight against money laundering. He is confident that the emergence and entry of a cryptocurrency exchange, especially an international one, can radically change the market. And although crypto assets offer tools that cash does not have: everything is visible in the blockchain, transactions are easy to track, they are transparent, the process of regulating cryptocurrency is not fast, it will take at least a year. “When we implemented SEPA (Single Payments Area in euro), we got used to it in 7-8 months, but with cryptocurrencies everything is more complicated. The problem is that the blockchain does not have a “call center” - if you lose access or make a mistake, you have no one to turn to,” Picker reasons, emphasizing that banks can become intermediaries and play a key role in the development of cryptocurrencies. “Banks are trust, and it is important for people to have someone to turn to, ask questions, get advice, and from this point of view, banks will help to understand the risks and use cryptocurrencies safely,” he noted. According to Alexander Picker, Moldindconbank is almost ready for crypto solutions: employees are well prepared - they have undergone training, understand what AML is in the context of cryptocurrencies, know specific risks and tools, necessary technical solutions and the legal framework. In the interview, he also shared that he himself has been interested in crypto assets and their impact on the theory of money and the structure of financial markets for more than ten years and invests in some types of cryptocurrency (Bitcoin, Ethereum, Solana, etc.). // 30.07.2025 — InfoMarket
