SoloCash
SoloCash
Compliance Policy

SOLO CASH INC.

COMPLIANCE & REGULATORY DISCLOSURE

Last Updated: December 10, 2025

1. Nature of Services (Technical Service Provider)

Solo Cash Inc ("SoloCash") operates strictly as a non-custodial user interface and technology provider. SoloCash is not a bank, depository institution, custodian, or money transmitter.

  • No Custody: SoloCash does not at any time take possession, custody, or control of user funds or digital assets.
  • No Banking: SoloCash does not maintain user balances or hold deposits.
  • Infrastructure: Wallet services are provided via Openfort, utilizing non-custodial Multi-Party Computation (MPC) technology. The user retains ultimate control of their private key shares.

2. Anti-Money Laundering (AML) & KYC Policy

While SoloCash is a software interface, we adhere to global best practices regarding Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) to protect our ecosystem and Liquidity Partners.

  • Identity Verification: Access to the SoloCash on-ramp interface is conditional upon successful completion of Know Your Customer (KYC) and Know Your Business (KYB) checks.
  • Data Collection: SoloCash facilitates the secure collection of identification data (e.g., Government ID, Corporate Formation Documents) solely for the purpose of transmission to our regulated Liquidity Partners (e.g., Coins.ph) for verification.
  • Sanctions Screening: All users and wallet addresses are screened against global sanctions lists, including the OFAC Specially Designated Nationals (SDN) list and UN Sanctions lists. We do not provide services to individuals or entities located in sanctioned jurisdictions.

3. Supported Assets & Genius Act (2025) Compliance

SoloCash supports the exchange of USDC (USD Coin) exclusively.

  • Asset Classification: USDC is classified as a "Permitted Payment Stablecoin" under the Genius Act of 2025.
  • No Securities: SoloCash does not facilitate the trading of unregistered securities, derivatives, or speculative digital assets. All transactions are settled 1:1 against the underlying fiat currency via our Liquidity Partners.

4. Jurisdictional Restrictions

Services are not available to residents of the following jurisdictions due to regulatory restrictions or sanctions:

  • Sanctioned Countries: Cuba, Iran, North Korea, Syria, Russia, and the Crimea, Donetsk, and Luhansk regions of Ukraine.
  • Restricted States (USA): Services may be limited, awaiting compliance.

5. Third-Party Settlement

All fiat-to-crypto and crypto-to-fiat conversions are executed by licensed third-party Liquidity Partners. SoloCash is not a party to the settlement of funds. The terms, fees, and settlement times are governed by the Liquidity Partner's End User Agreement, which is presented at the time of transaction.