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Licenses & Regulatory Information

MonxoBank operates under multiple regulatory frameworks across the jurisdictions we serve.

Corporate Structure

Our global network of regulated entities

MonxoBank Inc.

United States

Legal Entity MonxoBank Inc.
Registration Delaware, USA
EIN Number XX-XXXXXXX
FinCEN MSB 31000XXXXXXXXX
State Licenses 50 states (MTL)

MonxoBank Europe Ltd.

European Union / United Kingdom

Legal Entity MonxoBank Europe Ltd.
Registration London, UK
Companies House XXXXXXXXX
FCA Registration Active
EMI License Authorized

Regulatory Licenses & Registrations

Authorizations obtained across the jurisdictions where we operate

Jurisdiction
Regulator
License Type
Status
es
United States
FinCEN
Money Services Business (MSB)
Active
NY
United States - NY
NYDFS
BitLicense
Active
NY
United States - NY
NYDFS
Money Transmitter License
Active
io
Canada - Ontario
OSC
Restricted Dealer Registration
Active
ec
Canada - Quebec
AMF
Money Services Business
Active
on
European Union
FCA (UK)
E-Money Institution (EMI)
Active
on
European Union
Central Bank of Ireland
EMI Passport
Active
ia
Australia
AUSTRAC
Digital Currency Exchange
Active
ia
Australia
ASIC
Australian Financial Services
Active
re
Singapore
MAS
Major Payment Institution
Active
ng
Hong Kong
SFC
Type 7 Regulated Activity
Active
an
Japan
JFSA
Virtual Currency Exchange
Active
ea
South Korea
FSC
Virtual Asset Service Provider
Active
ai
UAE - Dubai
VARA
Virtual Asset Service Provider
Active
nd
Switzerland
FINMA
Fintech License
Active
co
Mexico
CNBV
IFPE Authorization
Active
il
Brazil
CVM
Crypto Asset Service Provider
Active
na
Argentina
BCRA
PSP Registration
Active
ca
South Africa
FSCA
CASP License
Active
es
Philippines
BSP
EMI License
Active

Compliance Certifications

Independent verification of our security and operational standards

SOC 2 Type II

Independently audited security controls

Certified 2024

ISO 27001

Information security management

Certified 2023

PCI DSS Level 1

Highest level of payment security

Certified 2024

GDPR Compliant

EU data protection standards

Certified 2023

CCSS Level 3

Cryptocurrency security standard

Certified 2024

CSA STAR

Cloud security alliance

Level 2 Certified

FATF Compliant

Travel rule implementation

Verified 2024

Wolfsberg Group

AML banking standards

Member

Restricted Jurisdictions

Countries and territories where our services are not available

In compliance with international sanctions and applicable laws, MonxoBank does not provide services to residents or citizens of the following jurisdictions:

Afghanistan
Belarus
Central African Republic
Cuba
Democratic Republic of Congo
Iran
Iraq
Libya
Myanmar (Burma)
North Korea
Russia
Somalia
South Sudan
Sudan
Syria
Ukraine (Crimea, DNR, LNR)
Venezuela
Yemen
Zimbabwe

This list is regularly updated to reflect changes in international sanctions and regulatory requirements.

Insurance Coverage

Your assets are protected by leading insurance providers

$100 Million

Insurance coverage on custodial assets

Coverage Provider

Lloyd's of London (Syndicate led by Marketform)

What's Covered

Theft, hacking, operational errors

Hot Wallet Coverage

Up to $50 million

Cold Storage Coverage

Up to $50 million

Verify Our Licenses

All our licenses and registrations can be independently verified through the respective regulatory authority's online register. We encourage transparency and due diligence.

FCA Register (UK) FinCEN (US) OSFI (Canada)