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Kyrrex HelpFAQ

Is Kyrrex Regulated?

Is Kyrrex Regulated?

Yes, is regulated.

At Kyrrex, we maintain and adhere to strict regulatory standards in jurisdictions where we operate. This policy reflects our commitment to preventing fraudulent practices and maintaining the trust of our users.

We are regulated by the Malta Financial Services Authority (MFSA), an organization that oversees one of the most stringent and comprehensive financial oversight regimes in the world.

Being able to obtain a Class-4 virtual finance licence from MFSA stands as a testament of our perfect adherence to all extant security and operational guidelines in all our jurisdictions.

We are in conformity with the Markets in Crypto Assets (MiCA) regulations recently passed by the European Union, allowing us to lawfully conduct financial services within the region.

We also comply with the financial regulations and guidelines devised by the Financial Conduct Authority (FCA) to ensure our operations are conducted in a transparent and compliant manner. Conforming with FCA regulations means we can establish trust and credibility among our customers, investors, and partners in the United Kingdom.

Additionally, our regulation under the Financial Crimes Enforcement Network (FinCEN) is crucial for combating money laundering, terrorist financing, and other financial crimes. FinCEN has been at the forefront of enforcing anti-money laundering (AML) and know-your-customer (KYC) regulations within the United States. By adhering to FinCEN's guidelines, we can effectively implement robust AML and KYC procedures, which help identify and mitigate risks associated with illicit activities.