REGULATORY MODEL
Baynoy operates under an agent-of-payee model through our licensed payment partners' money transmission licenses and Bridge's stablecoin orchestration. We are pursuing MSB / FinCEN registration in 2026, with state-level money transmitter licenses to follow.
KYC / KYB
All merchants undergo identity verification via our regulated identity provider. Business merchants additionally submit UBO documents and undergo compliance interviews for Tier 3.
AML / SANCTIONS
Every transaction is screened against OFAC, EU, UN and UK sanctions lists. Stablecoin transfers undergo Travel Rule checks via Chainalysis.
AUDITS & CERTIFICATIONS
PCI DSS Level 1 (inherited from card processor), GDPR / CCPA / KVKK alignment, SOC 2 Type II planned for Phase 2, ISO 27001 planned for Phase 3.