Regulatory Compliance

Always committed to adapting to the evolving regulatory framework, CheckSig and its practices are appreciated and recognized.

Authorizations

Italy

CheckSig S.r.l. Società Benefit operates as a Virtual Asset Service Provider, authorized in Italy pursuant to the MEF decree of January 13, 2022, as it is registered with the OAM (Body for the management of the lists of Financial Agents and Credit Brokers).
On September 1, 2025, CheckSig S.r.l. Società Benefit submitted to CONSOB an application for authorization as a crypto-asset service provider pursuant to Regulation (EU) 2023/1114 on Markets in Crypto-Assets (MiCAR) and, pending the outcome of the procedure, operates under a transitional (grandfathering) regime until June 30, 2026.

Switzerland

CheckSig Suisse AG operates as a member of Verein zur Qualitätssicherung von Finanzdienstleistungen (VQF, Association for Quality Assurance in Financial Services), a Self-Regulatory Organisation (SRO) officially recognized by the Swiss Financial Market Supervisory Authority (FINMA).

Operational Safeguards

KYC, AML & CTF

CheckSig performs thorough client verification (Know Your Customer, KYC), both at the time of client acquisition and on an ongoing basis. The anti-money laundering (Anti-Money Laundering, AML) and counter-terrorism financing (Counter-Terrorism Financing, CTF) functions report directly to the Board of Directors and are entrusted to professionals with adequate independence and authority.

UIF Monitoring

CheckSig S.r.l. Società Benefit complies with the obligations under Articles 33, 35, and 47 of Legislative Decree 231/2007; it is an adherent entity of the Infostat-UIF telematic system (Financial Intelligence Unit of the Bank of Italy) for the execution of Aggregate Anti-Money Laundering Reports (SARA), Suspicious Transaction Reports (SOS), and Objective Communications (OGG).

Legal & `Compliance`

CheckSig has a dedicated Legal and Compliance function, which reports directly to the CEO. This function assesses the main sources of non-compliance risk and defines adequacy policies and procedures. Finally, it develops and implements a periodic verification plan, preparing any necessary corrective actions.

A Wide Range of Guarantees

Regulatory compliance is just one of the guarantees offered by CheckSig. See also:

Insurance Coverage

Peace of mind above all: CheckSig is the only Italian crypto asset service provider benefiting from insurance coverage, obtained by a European company with a Standard & Poor’s AA rating.

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SOC Attestations

CheckSig has received SOC1/SOC2 Type II attestations from Deloitte; this proves our commitment to the highest operational standards.

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Transparent Custody

CheckSig rejects security-by-obscurity, adopting a public custody protocol: two cold storage levels, three multi-sig authorization stages, time-locked withdrawals, and independent companies involved.

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Proof-of-Reserves

Since 2020, CheckSig has been the first to offer public blockchain-based Proof-of-Reserves. Emulated by a few exchanges, we are still the only custodian to do so.

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