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Coinbax wins the Consensus Miami PitchFest Grand Prize, dedicated to solving compliance challenges in bank stablecoin payments
Mars Finance News, May 8 — At the PitchFest pitching competition during Consensus 2026 Miami Conference, the stablecoin compliance infrastructure project Coinbax won a $20,000 grand prize. The company was founded by former Jack Henry executive Peter Glyman, aiming to help banks and financial institutions manage compliance risks associated with stablecoin payments. Coinbax has built a programmable custody infrastructure that adds a control layer to wallet-to-wallet crypto transactions. Its smart contracts hold funds during third-party service verification of identity, sanctions screening, and transaction risk assessment, only settling once conditions are met.