Safety
Security and Compliance: your peace of mind comes first
Since 2015, we have maintained a close relationship
with the Central Bank and other regulatory bodies,
pioneering the adoption of best practices in the
Brazilian financial market.
Compliance that inspires confidence
Licenses and Authorizations:
We are in the advanced stages of obtaining authorization from BACEN as a DTVM, we have a license from CVM for crowdfunding operations, and international authorizations to operate as a financial institution and virtual asset provider.
Our company
Foxbit is licensed to operate in Dominica as a bank (Foxbit Bank), a Foreign Financial Institution (FFI), and a Virtual Asset Business (VASB) provider.
Audits and Certifications
Cutting-edge protection
Advanced KYC & KYT:
Identity verification using facial recognition technology, credit bureau checks, automatic risk monitoring, and transaction analysis to prevent illegal activities.
In addition, we use tools to monitor the sending and receiving of crypto assets.
Global Standards:
Compliant with LGPD, ISO/IEC 27701:2019, and SOC 2 Type 2, ensuring the privacy and security of all data.
General Data Protection Law (LGPD) and ISO/IEC 27701:2019
Business Continuity Plan (BCP)
SOC 2 Tipo 2.
Strategic partners
We rely on leading security companies such as Elytron, Tempest, Axur, Daryus, and others to strengthen our defenses with:
Continuous intrusion tests (pentests)
Safety awareness and training programs
Brand monitoring on the deep/dark web
Immediate response to incidents
Custody & Warranty
The world’s largest company, regulated by the South Dakota Division of Banking and created specifically for the purpose of safeguarding digital assets.
Assets held in custody by BitGo are covered by a $250 million policy.