Solidus Labs

In this episode of Compliance Champions, Delphine Forma, Head of Policy Europe at Solidus Labs, sits down with Wise Wang, Head of Legal and Compliance at HashKey Japan.
They explore how Japan’s regulatory approach to crypto is evolving, including the shift from a payment-based framework to a capital markets model. Wise shares insights into what these reforms mean for firms operating in Japan, from increased disclosure requirements and stronger investor protection rules to the growing importance of governance, surveillance and internal controls.
The conversation also covers the potential impact of tax reform on market activity, the challenges of building compliant crypto businesses in a highly regulated environment, and why firms need to rethink compliance as a core part of their product and strategy.
Drawing from his experience in both tech platforms and crypto, Wise also reflects on the similarities between early social media regulation and the current evolution of crypto oversight.
A deep dive into one of the most advanced regulatory markets and what it means for the future of institutional crypto adoption.

In this episode of Compliance Champions, Delphine Forma speaks with Taisuke Isono, General Manager of the DeFi Technology Department at SMBC Nikko Securities, about how institutions are approaching decentralized finance, automation, and the future of financial markets
From automated market access to AML-driven design, this conversation unpacks how one of Japan’s leading financial institutions is bridging TradFi and DeFi and what it means for the future of finance.

Join Delphine Forma, Head of Policy Europe at Solidus Labs, as she sits down with Alan Crofts, Sarah Davidson, and Nelson Curry from the New Zealand Financial Markets Authority.
They unpack how New Zealand regulates digital assets—from defining financial services and stablecoins to tackling scams, custody risks, DeFi, and market abuse. A practical, regulator-led deep dive into compliance expectations, enforcement trends, and what’s next for crypto oversight.

In this episode of Compliance Champions, Delphine Forma speaks with Dianah Njeri Igati, Regional Head of Compliance APAC and Company Secretary at Pepperstone, about what it really takes to build compliance across multiple jurisdictions and market types. Dianah explains how Pepperstone approached its crypto launch in Australia, how she thinks about emerging versus developed markets, and why local context matters so much in compliance design. They also discuss Australia’s evolving crypto framework, Africa’s growing regulatory momentum, practical lessons for firms expanding into new markets, and how AI is changing the role of compliance teams. It is a grounded conversation on strategy, regulation, culture, and the future of compliance.

In this episode of Compliance Champions, Delphine Forma speaks with Deepthi Machavaram, Global Head of Digital Financial Crime Advisory at Morgan Stanley, about how large financial institutions are approaching digital asset risks. Deepthi explains how the industry has shifted from early curiosity to operational rigor, and what that means for building effective frameworks around crypto products, vendors, analytics, and controls. They discuss source of funds and source of wealth in crypto, the limits of blockchain analytics, the realities of regulatory misalignment, and why data, governance, resilience, and flexibility matter so much. The conversation also explores tokenization, AI, and the role compliance teams will play as financial institutions navigate digital assets over the next decade.