Is Coinme Regulated?


Coinme is a licensed money services business (MSB) that is regulated by the Washington Department of  Financial Institutions and by the Financial Crime Enforcement Network (FinCEN). As a licensed entity, Coinme is required to have an anti-money laundering (AML) program and know your customer (KYC) procedures in place. For more information on KYC, please see our article about it here: Why Coinme requires an ID to use our kiosks?