Legal & Compliance

Chainovex operates with the highest standards of legal and regulatory compliance across all jurisdictions. Learn about our commitment to security, transparency, and regulatory excellence.

Legal & Compliance Framework

Chainovex maintains robust legal and compliance frameworks to ensure the highest standards of regulatory adherence, customer protection, and operational integrity across all jurisdictions where we operate.

15+
Jurisdictions
24/7
Compliance Monitoring
100%
KYC Compliance
$250M
Insurance Coverage

Regulatory Framework

Licensing & Registration

Fully licensed and registered in multiple jurisdictions including the United States (FinCEN MSB), Singapore (MAS), United Kingdom (FCA), and European Union (MiFID II).

AML/CFT Compliance

Comprehensive Anti-Money Laundering and Counter-Terrorist Financing programs with real-time transaction monitoring and suspicious activity reporting.

KYC Procedures

Tiered Know Your Customer verification with identity verification, address confirmation, and source of wealth validation for higher tiers.

Key Regulatory Approvals

Jurisdiction Regulator License/Registration Scope
United States FinCEN MSB Registration Money Transmitter
Singapore MAS Payment Services Act Digital Payment Token Services
European Union National Competent Authorities MiFID II / AMLD5 Investment Services
United Kingdom FCA Electronic Money Institution Payment Services
Australia AUSTRAC Digital Currency Exchange Exchange Services

Compliance Programs

Risk-Based Approach

Comprehensive risk assessment framework identifying, assessing, and mitigating legal, regulatory, and operational risks.

Transaction Monitoring

Real-time monitoring of all transactions with automated alerts for unusual patterns and threshold-based reporting.

Sanctions Screening

Automated screening against global sanctions lists (OFAC, UN, EU) with manual review for potential matches.

Compliance Training

Mandatory annual compliance training for all employees with specialized programs for high-risk functions.

Customer Protection

  • Segregated Accounts: All customer funds are held in segregated accounts at regulated custodians
  • Insurance Coverage: $250M in crime insurance covering theft, hacking, and employee dishonesty
  • Proof of Reserves: Monthly proof of reserves audits conducted by independent third parties
  • Cold Storage: 95%+ of customer assets stored in offline, multi-signature cold wallets
  • Transparency Reports: Quarterly transparency reports detailing security practices and reserve status

Legal Documentation

User Agreement

Comprehensive terms governing platform usage, rights, and responsibilities for all users.

View Agreement

Privacy Policy

Detailed information on data collection, usage, protection, and user rights regarding personal information.

View Policy

Cookie Policy

Information on cookie usage, types, purposes, and user control options for cookie preferences.

View Policy

Committed to Regulatory Excellence

For regulatory inquiries or compliance questions, contact our legal and compliance team.

Contact Compliance Team