Legal

Prohibited Businesses & Jurisdictions

You must not use BTCBNK's services for the following activities.

Illegal products and services

Illegal drugs, substances designed to mimic illegal drugs, and equipment designed for making or using drugs

Fake references or ID-providing services

Telecommunications manipulation equipment including jamming devices

Any business or organization that:

Engages in, encourages, promotes, or celebrates unlawful violence or physical harm to persons or property

Engages in, encourages, promotes, or celebrates unlawful violence toward any group based on race, religion, disability, gender, sexual orientation, national origin, or any other immutable characteristic

Any other products or services that are in violation of law in the jurisdictions where your business is located or targeted to

Products and services that infringe intellectual property rights

Sales or distribution of music, movies, software, or any other licensed materials without appropriate authorization

Counterfeit goods; illegally imported or exported products

Unauthorized sale of brand name or designer products or services

Any other products or services that directly infringe or facilitate infringement upon the trademark, patent, copyright, trade secrets, proprietary or privacy rights of any third party

Products and services that are unfair, predatory, or deceptive

Pyramid schemes

'Get rich quick' schemes including:

Investment opportunities or other services that promise high rewards to mislead consumers

Schemes that claim to offer high rewards for very little effort or upfront work

Sites that promise fast and easy money

Businesses that make outrageous claims, use deceptive testimonials, use high-pressure upselling, and/or use fake testimonials

No value-added services including sale or resale of a service without added benefit to the buyer and resale of government offerings without authorization or added value

Sales of online traffic or engagement

Negative response marketing and telemarketing

Predatory mortgage consulting, lending, credit repair, and counseling services

Predatory investment opportunities with no or low money down

Remote technical support; mugshot publication or pay-to-remove sites; essay mills; chain letters; door-to-door sales

Any other businesses that BTCBNK considers unfair, deceptive, or predatory towards consumers

Adult content and services

Pornography and other mature audience content (including literature, imagery, and other media) depicting nudity or explicit sexual acts

Adult services including prostitution, escorts, pay-per-view, sexual massages, and adult live chat features

Adult video stores

Gentleman's clubs, topless bars, and strip clubs

Online dating services

Certain legal services

Law firms collecting funds for purposes other than legal service fee payment

Bankruptcy attorneys

Bail bonds

Firearms, explosives, precious and dangerous materials

Guns, gunpowders, ammunitions, weapons, fireworks, and other explosives

Peptides, research chemicals, and other toxic, flammable, and radioactive materials

Precious metals

Gambling and cash-intensive businesses

Games of chance including gambling, internet gambling, sweepstakes, and contests, fantasy sports leagues with a monetary or material prize

Sports forecasting or odds making with a monetary or material prize

Lotteries

Bidding fee auctions

Other cash-intensive businesses

Marijuana

Cannabis products

Cannabis dispensaries and related businesses

The types of businesses listed are representative but not exhaustive.

Restricted Jurisdictions

There are a few jurisdictions that we cannot provide services to. This means that:

We cannot onboard entities located in these jurisdictions

We cannot onboard entities that have UBOs located in these jurisdictions

We cannot send or receive funds from these jurisdictions

The following list is updated regularly based on changing regulatory and partner requirements:

Abkhazia

Afghanistan

Albania

Angola

Belarus

Bosnia and Herzegovina

Burma (Myanmar)

Burundi

Central African Republic

Cuba

Democratic People's Republic of Korea (North Korea)

Democratic Republic of the Congo

Ethiopia

Eritrea

Guinea

Guinea-Bissau

Haiti

Iran

Iraq

Ivory Coast (Cote D'Ivoire)

Kosovo

Lebanon

Liberia

Libya

Macedonia

Mali

Myanmar (Burma)

Nagorno-Karabakh

Nicaragua

Northern Cyprus

Pakistan

Russia

Sahrawi Arab Democratic Republic

Somalia

Somaliland

South Ossetia

South Sudan

Sudan

Syria

Serbia

Sierra Leone

Ukraine (Occupied territories)

Venezuela

Yemen

Zimbabwe