Our Compliance Approach
Prof-Chain Trading Services, Inc. (dba Prof-Chain.com) is a licensed and regulated U.S. cryptocurrency exchange dedicated to serving customers with integrity and in full compliance with U.S. laws and regulations.
Doing right by customers
As a FinCEN-registered Money Services Business (MSB), Prof-Chain.Com adheres to strict anti-money laundering (AML) and know-your-customer (KYC) requirements.
KYC Verification
We verify the identity of all customers through a rigorous KYC process to ensure compliance with federal regulations and protect against fraud.
AML Compliance
Our comprehensive AML program monitors transactions and detects suspicious activity to prevent money laundering and terrorist financing.
Data Protection
We implement industry-leading security measures to protect customer data and maintain the confidentiality of sensitive information.
Customer Support
Our dedicated support team is available to help customers navigate compliance requirements and resolve any issues.
Risk Management
We employ sophisticated risk management tools and procedures to identify and mitigate potential compliance risks.
Regulatory Cooperation
We work closely with regulators to ensure our operations meet all applicable legal and regulatory requirements.
Licensing & registration
Prof-Chain.Com is registered and licensed in multiple jurisdictions across the United States, ensuring we meet the highest standards of regulatory compliance.
Federal Registration
FinCEN Money Services Business
Prof-Chain Trading Services, Inc. is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB). This registration requires us to implement comprehensive AML and KYC programs.
NMLS ID: 1906829
State Licenses
Money Transmitter Licenses
We hold money transmitter licenses in over 40 U.S. states and territories, each requiring regular audits, reporting, and compliance with state-specific regulations.
View all licenses →State Coverage
Prof-Chain.Com is licensed to operate in the following jurisdictions:
Our regulatory framework
We maintain a comprehensive compliance program that addresses all aspects of our operations.
Bank Secrecy Act (BSA)
Full compliance with BSA requirements including customer identification, record keeping, and suspicious activity reporting.
USA PATRIOT Act
Implementation of enhanced due diligence procedures and customer identification programs to prevent terrorist financing.
OFAC Compliance
Screening all customers and transactions against OFAC sanctions lists to ensure we don't facilitate prohibited activities.
State Regulations
Adherence to state-specific money transmission laws, including licensing, bonding, and regular reporting requirements.
Privacy Laws
Full compliance with data privacy regulations including proper handling, storage, and disclosure of customer information.
Consumer Protection
Maintaining fair business practices, transparent fee structures, and comprehensive customer disclosures.
Transparency & reporting
We believe in transparency and maintain open communication with regulators, customers, and the public about our compliance efforts.
- Regular reporting to federal and state regulatory agencies
- Transparent fee structures and terms of service
- Public disclosure of licenses and registrations
- Clear communication of compliance requirements to customers
Commitment to Compliance
Our compliance program is regularly reviewed and updated to ensure we meet evolving regulatory requirements and industry best practices.
For compliance inquiries, please contact:
compliance@prof-chain.comBuilding trust through compliance
Our commitment to regulatory compliance ensures a safe, secure, and trustworthy platform for all our customers.