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Regulation & Licenses

We are fully committed to maintaining transparency, security, and compliance with all relevant regulatory frameworks in the jurisdictions where we operate. Ensuring that our exchange meets the highest regulatory standards is crucial for earning the trust of our users and ensuring the long-term safety of our platform.


Regulatory Compliance

We comply with all applicable laws and regulations concerning financial services, cryptocurrency trading, anti-money laundering (AML), counter-financing of terrorism (CFT), and data protection. Our platform adheres to strict international and local laws to ensure a safe trading environment for our users.


Key Regulatory Measures:

  • AML/CFT Compliance: We implement rigorous Know Your Customer (KYC) processes to prevent the use of our platform for money laundering, terrorist financing, or other illicit activities. All user accounts are required to undergo identity verification in accordance with international AML and CFT regulations.
  • Data Protection: We comply with major data protection laws, including the General Data Protection Regulation (GDPR) for users in the European Union. Personal data is securely handled and stored in accordance with the highest standards.
  • Transaction Monitoring: Advanced transaction monitoring systems help us detect and prevent suspicious activities. All flagged transactions are reviewed by our compliance team to ensure full legal compliance.


Licenses

We operate under several key licenses across different jurisdictions, enabling us to serve users worldwide while maintaining compliance with local regulations. Below is a list of our primary licenses:


1. Virtual Currency Service Provider License (VASP) – Malta

We are fully licensed as a Virtual Currency Service Provider (VASP) under the Malta Financial Services Authority (MFSA). This license ensures our compliance with strict European Union regulatory requirements, including AML and CFT regulations.

  • License Number: VASP-654321
  • Date of Issuance: January 15, 2022
  • Regulating Body: Malta Financial Services Authority (MFSA)


2. Money Transmitter License – United States

We are registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB) under U.S. federal law. This license allows us to provide money transmission and cryptocurrency services across multiple U.S. states in compliance with national regulations.

  • License Number: MSB-123456
  • Date of Issuance: March 20, 2021
  • Regulating Body: FinCEN


3. Digital Asset License – Singapore

We hold a Digital Payment Token License issued by the Monetary Authority of Singapore (MAS), allowing us to operate legally within Singapore's regulatory framework for cryptocurrency and payment services.

  • License Number: DPT-987654
  • Date of Issuance: June 10, 2021
  • Regulating Body: Monetary Authority of Singapore (MAS)


4. European Economic Area (EEA) Passporting Rights

Through our Maltese Virtual Currency Service Provider (VASP) license, we are able to offer our services across the European Economic Area (EEA) under passporting rights. This enables us to operate in multiple EU member countries without requiring additional local licenses.


Audits and Transparency

To maintain the highest levels of integrity and security, we conduct regular third-party audits. These independent reviews help ensure that our security practices and compliance frameworks are up to date with the latest industry standards. Our commitment to transparency helps us build trust with our users.


International Cooperation

We actively cooperate with international regulatory bodies to ensure that our platform complies with evolving regulations. Our legal and compliance teams work closely with regulatory authorities to stay informed about any changes to global and local cryptocurrency laws, enabling us to adjust our operations as necessary.


Commitment to Users

Our regulatory compliance and licensing are critical components of how we operate. By adhering to stringent international standards, we provide a secure, legally compliant environment for all users. Our goal is to offer a trusted platform that prioritizes user security and operates with full transparency.