Here we are committed to upholding the highest standards of regulatory compliance in every region we operate. This page provides detailed information about our compliance policies and practices worldwide, ensuring transparency and security for all our users and stakeholders.
Tabs: Regions
All Regions
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA): Governs the regulation of entities dealing with virtual currencies for purposes of AML and KYC.
- Compliance Method: We are registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business. We adhere to stringent compliance protocols for AML and KYC, including continuous monitoring and reporting of suspicious transactions.
- Personal Information Protection and Electronic Documents Act (PIPEDA): Requires businesses to protect personal information through responsible collection, use, and disclosure.
- Compliance Method: We ensure that all customer data is handled in full compliance with PIPEDA, emphasizing transparency, accountability, and user consent.
Federal Compliance and Regulatory commentary.
- FinCEN Requirements: Entities involved in the exchange or transmission of virtual currencies must register with the Financial Crimes Enforcement Network (FinCEN) and comply with its anti-money laundering (AML) and know-your-customer (KYC) requirements.
- Compliance Method: We are registered with FinCEN as a Money Services Business (MSB) and fully comply with all AML, KYC, and financial recordkeeping and reporting obligations to ensure transparency and prevent fraudulent activities.
- BitLicense Requirements: Entities dealing with virtual currencies must obtain a BitLicense.
- Compliance Method: We have obtained a BitLicense and comply with all associated regulatory requirements, including stringent AML, KYC, and cybersecurity practices.
- California Consumer Privacy Act (CCPA): Requires enhanced privacy protections and user data rights.
- Compliance Method: We ensure full CCPA compliance by providing transparent data usage policies and user rights to access and control their personal information.
- Money Transmitter Licensing: Requires licensure for businesses transmitting money, including virtual currencies.
- Compliance Method: We are registered as a money transmitter in Washington and adhere to all regulatory standards, including regular audits and financial reporting.
- Money Transmitter Licensing: Regulation under the Texas Department of Banking for virtual currency activities.
- Compliance Method: We comply by maintaining a Texas Money Transmitter License and upholding high security and operational standards.
- Money Transmitter Licensing: Necessitates a license for businesses involved in money transmission.
- Compliance Method: We operate with a Florida Money Transmitter License and engage in continuous compliance monitoring to align with state guidelines.
- General Business Compliance: Ohio encourages blockchain innovation but requires compliance with general business laws.
- Compliance Method: Our operations are structured to comply with Ohio’s business regulations, fostering blockchain and fintech innovations while maintaining legal integrity.
- Blockchain-Friendly Laws: Offers a favorable regulatory environment for blockchain businesses.
- Compliance Method: We leverage Wyoming’s progressive blockchain laws by registering and operating our business in alignment with state-specific exemptions and guidelines.
- Digital Token Act: Provides exemptions for certain blockchain-based tokens.
- Compliance Method: We ensure that our tokens qualify under the Digital Token Act and focus on utility rather than investment purposes to maintain compliance.
- General Business Compliance: Requires compliance with state business regulations.
- Compliance Method: We are registered as a business in Nevada, ensuring compliance with all state business and tax laws.
- Money Transmitter Licenses: Virtual currency businesses must hold a proper license.
- Compliance Method: We hold a Virginia Money Transmitter License and implement rigorous financial security measures as required by the state.
- Money Transmission Laws for Virtual Currency: Specific guidelines govern the transmission of virtual currencies.
- Compliance Method: Our platform does not handle fiat currencies directly, avoiding the complexities of money transmission regulations in Pennsylvania.
- Guidance for Money Transmitters: Requires licensure and compliance with state regulations.
- Compliance Method: We hold an Illinois Money Transmitter License and comply with all associated regulatory requirements, including consumer protection and financial security.
- Money Transmitters Act: Includes provisions specifically addressing virtual currencies.
- Compliance Method: We adhere to North Carolina’s money transmission regulations by ensuring that our operations comply with all applicable laws and by maintaining transparent financial practices.
- Fintech Law: Regulates financial technology institutions, including those involved with virtual currencies, focusing on financial stability and preventing money laundering.
- Compliance Method: We comply with the Mexican Fintech Law by maintaining necessary authorizations from the Comisión Nacional Bancaria y de Valores (CNBV) and adhering to operational and security standards prescribed by the law.
- Federal Law for the Prevention and Identification of Operations with Illicit Resources: Requires specific measures to prevent money laundering.
- Compliance Method: Our operations in Mexico are structured to detect and prevent any illicit activities. We implement robust systems for identity verification and transaction monitoring to comply with this law.
Regions – Europe
General Data Protection Regulation (GDPR): This regulation mandates the protection of personal data and privacy for all individuals within the European Union and the European Economic Area.
- Compliance Method: We ensure GDPR compliance by implementing stringent data protection measures, obtaining clear consent for data processing, and providing comprehensive data rights to our users.
General Data Protection Regulation (GDPR): This regulation mandates the protection of personal data and privacy for all individuals within the European Union and the European Economic Area.
- Compliance Method: We ensure GDPR compliance by implementing stringent data protection measures, obtaining clear consent for data processing, and providing comprehensive data rights to our users.
Anti-Money Laundering Directive (AMLD): The EU directive designed to prevent money laundering and terrorist financing that includes cryptocurrency transactions.
- Compliance Method: We adhere to AMLD by conducting thorough KYC checks, monitoring and reporting suspicious transactions, and maintaining a transparent record of financial operations.
UK GDPR and Data Protection Act 2018: While similar to the EU’s GDPR, the UK has its own version that companies must comply with post-Brexit.
- Compliance Method: We align with UK GDPR requirements by ensuring data protection measures are up-to-date and by appointing a UK-based data protection officer (DPO).
Financial Conduct Authority (FCA) Regulations: The FCA guidelines on cryptocurrencies focus on consumer protection, preventing money laundering, and ensuring the integrity of the financial markets.
- Compliance Method: We are registered with the FCA as a crypto asset firm, adhering to its guidelines on financial practices and consumer protection.
Region – Asia-Pacific
- Australian Securities and Investments Commission (ASIC) Guidelines: ASIC regulates financial services and companies to ensure they operate in a fair and transparent manner.
- Compliance Method: We comply with ASIC regulations by maintaining clear financial practices and consumer protections, specifically around the issuance and management of digital assets.
- Anti-Money Laundering and Counter-Terrorism Financing Act 2006: This act requires entities to take steps to prevent the misuse of financial services for money laundering or terrorism financing.
- Compliance Method: We implement robust AML/CTF programs, including identity verification, transaction monitoring, and mandatory reporting to AUSTRAC.
- Payment Services Act and Financial Instruments and Exchange Act: These laws regulate the handling of electronic payments and financial instruments, including cryptocurrencies.
- Compliance Method: We are registered with the Financial Services Agency (FSA) and ensure compliance with these acts by adhering to stringent operational, auditing, and customer protection standards.
- Act on Prevention of Transfer of Criminal Proceeds: Mandates KYC procedures to prevent financial crimes.
- Compliance Method: We enforce strict KYC and anti-fraud measures to comply with this act, ensuring thorough verification and monitoring of customer activities.
Specific Financial Information Act: Focuses on the regulation of virtual assets to prevent money laundering and ensure the integrity of financial transactions.
- Compliance Method: We comply by registering with the Korea Financial Intelligence Unit (KoFIU) and adhering to comprehensive AML guidelines, including detailed customer due diligence.
(Not China!)
Payment Services Act 2019: Regulates payment systems and payment service providers, including those dealing with cryptocurrencies, under the Monetary Authority of Singapore (MAS).
- Compliance Method: We obtain the necessary licenses from MAS and ensure compliance with risk management and cybersecurity standards stipulated in the Act.
Region – Middle East and Africa
- Regulation by Dubai Financial Services Authority (DFSA) and Abu Dhabi Global Market (ADGM): These financial free zones have established frameworks for cryptocurrencies and blockchain businesses.
- Compliance Method: We adhere to the licensing requirements and operational standards set forth by the DFSA and ADGM, ensuring robust anti-money laundering and counter-financing of terrorism (AML/CFT) procedures.
- Virtual Asset Regulation: The UAE has specific regulations for virtual assets, emphasizing transparency and security.
- Compliance Method: We ensure compliance by implementing systems for secure transaction processing and reporting suspicious activities as mandated by the UAE’s regulatory bodies.
Saudi Arabian Monetary Authority (SAMA) Guidance: SAMA provides guidelines on the treatment of digital assets.
- Compliance Method: We operate in alignment with SAMA’s guidelines, focusing on consumer protection and financial stability.
- Financial Sector Conduct Authority (FSCA) Regulations: Oversees financial products and services, including cryptocurrencies.
- Compliance Method: We are compliant with FSCA’s requirements for financial services providers, maintaining transparency in our operations and safeguarding client assets.
- Protection of Personal Information Act (POPIA): Regulates the processing of personal information.
- Compliance Method: We ensure all customer data is handled in compliance with POPIA by maintaining high data protection and privacy standards.
Capital Markets Authority (CMA) and Central Bank of Kenya (CBK) Guidelines: While not fully regulated, there are guidelines issued for digital currencies.
- Compliance Method: We monitor developments in regulatory frameworks closely and engage with regulatory bodies to ensure our operations remain compliant with any forthcoming regulations.
Securities and Exchange Commission (SEC) and Central Bank of Nigeria (CBN) Guidelines: The SEC and CBN have issued guidelines and circulars regarding the classification and treatment of cryptocurrencies.
- Compliance Method: We adhere to the directives by implementing strict AML/CFT protocols and ensuring transparency in our trading practices.
- Regulation by the Securities and Exchange Commission of Brazil (CVM) and Central Bank of Brazil: Brazil has guidelines concerning the operation of digital assets as financial assets.
- Compliance Method: We comply with local regulations by registering where required and maintaining rigorous AML/CFT practices.
- General Data Protection Law (LGPD): Similar to GDPR, it governs the processing of personal data.
- Compliance Method: Our operations adhere to LGPD requirements, ensuring data protection and privacy of our users.
Financial Information Unit (UIF) Regulations: Argentina requires entities involved in digital currencies to report transactions.
- Compliance Method: We ensure all transactions are reported in compliance with UIF directives, enhancing our AML/CFT frameworks.
Superintendency of Banks and Financial Institutions (SBIF) Guidance: Although not fully regulated, SBIF has begun to lay the groundwork for cryptocurrency oversight.
- Compliance Method: We engage proactively with regulatory bodies to ensure our operations align with current and future regulations.
Regulation by the Financial Superintendence of Colombia: Guidance on the use of cryptocurrencies within financial systems.
- Compliance Method: We operate in accordance with guidelines to prevent money laundering and terrorist financing, maintaining stringent compliance protocols.
- Eastern Caribbean Central Bank (ECCB) Digital Currency: Some Eastern Caribbean states are exploring digital currency solutions through their central bank.
- Compliance Method: We monitor and align with evolving regulations, ensuring that our services are compliant with central bank initiatives and local laws.
- Anti-Money Laundering Regulations: Caribbean financial authorities enforce strict AML regulations.
- Compliance Method: Our platforms implement advanced monitoring systems to detect and prevent illicit financial activities, adhering to AML standards across the Caribbean.
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Tabs that have: global and cross-border compliance
Commitment to Global Access and Compliance
We strive to maintain the highest standards of compliance with international laws and regulations. This platform is built on the principles of openness, transparency, and inclusivity, reflecting the global nature of blockchain technology.
Decentralized Blockchain Infrastructure
These operations are based on a decentralized blockchain model that does not rely on any central authority or single country’s regulatory framework. This structure ensures that our services are accessible worldwide without being disproportionately influenced by any single nation’s policy or regulatory stance.
Nodes and Network Operation
The nodes that maintain our blockchain network are distributed globally across a wide range of jurisdictions. These nodes operate in a manner that ensures compliance with local regulations where they are hosted, while collectively supporting a global network that remains neutral and universally accessible.
Selective Participation
While we aim to be as inclusive as possible, we adhere strictly to international sanctions and regulations when available. We do not allow participation from locations that are under comprehensive sanctions by international bodies like the ICJ, United Nations, or global powers with jurisdiction over international financial transactions when available or applicable.
Jurisdiction of Origin
The initial nodes of our blockchain were established in Malta and Bermuda, nations known for such neutral stance in international affairs and progressive approaches to technology and finance. This origin does not place us under the direct jurisdiction of traditional financial powerhouses, allowing us to operate in a flexible and globally-minded manner.
Compliance by Design
Our platform is designed to comply automatically with international standards, including anti-money laundering (AML), combating the financing of terrorism (CFT), and know-your-customer (KYC) regulations. We use advanced technological solutions to ensure that our operations meet these standards effectively and efficiently.
Transparent Operations
Transparency is at the core of our operations. We provide all necessary information to regulatory bodies and ensure that our operations are auditable and transparent to the required authorities, ensuring that we maintain trust and integrity in all jurisdictions.
Advocacy and Engagement
We actively engage with regulatory bodies worldwide to advocate for fair and equitable regulations that support innovation while protecting consumer interests. Our goal is to help shape a regulatory environment that is conducive to the growth of blockchain technology and its positive integration into the global economy.