Iguabit Global Ltd. has obtained a U.S. Money Services Business (MSB) license, enhancing its regulatory compliance as it launches an institutional-grade MPC wallet infrastructure. The platform aims to serve liquidity and crypto markets in Brazil and Latin America, providing a secure trading environment.
The company enforces stringent AML and KYC protocols, including measures to counter the financing of terrorism, in line with FinCEN regulations. Iguabit's MPC wallet technology distributes private keys across multiple nodes, ensuring security with 98% of assets stored in offline cold storage. Additionally, a Secure Asset Fund for Users (SAFU) is established to protect client assets.
Iguabit Secures U.S. MSB License, Launches MPC Wallet for Latin America
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