Join Delphine Forma, Head of Policy Europe at Solidus Labs, as she sits down with Dejan Davidovič, Chief Operating & Integrity Officer and Co-Founder of Kriptomat, for one a conversation on an often-overlooked topic in crypto: how to responsibly wind down a regulated crypto business. Following the withdrawal of Kriptomat's MiCA application, Dejan shares the operational, legal and compliance challenges of closing an exchange while continuing to protect customers, meet regulatory expectations and preserve trust

They discuss:

• Why Cryptomat withdrew its MiCA application after more than two years of preparation
• How to design a wind-down plan that protects customers, employees and business partners
• Why customer communication can determine the success or failure of a wind-down
• The operational reality of transferring customers to another crypto exchange, including KYC, Travel Rule and onboarding challenges
• Managing dormant accounts, delisting crypto-assets and reducing operational complexity
• The compliance obligations that continue after trading stops, including suspicious transaction reporting and regulatory engagement
• Operating in a regulatory "limbo" between the old and the new licensing regimes
• Lessons learned from working with regulators throughout the licensing and wind-down process
• Practical advice for crypto firms preparing for licensing or preparing for the unexpected

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