SwissBorg: Legal structure, jurisdiction and licenses

Michelle H.
Michelle H.
  • Updated

SwissBorg is engineered in Switzerland with subsidiaries all over the world, including in Portugal, the United Kingdom and Estonia.

SwissBorg Solutions OÜ operates the SwissBorg Application (the "App") under the Virtual Currency Service License (FVT000326) delivered by the Financial Intelligence Unit (FIU) in Estonia, and is registered with the Financial Markets Authority (AMF) under number E2022-034 in France.
These licenses enable SwissBorg Solutions OÜ to provide the services of selling, buying and exchanging virtual assets against other virtual assets or legal tender, as well as custody of virtual assets.

These licences mean that SwissBorg meets comprehensive requirements in terms of good repute and competence of SwissBorg's managers and owners, as well as secure technological infrastructure. 

In addition, to maintain these licenses, SwissBorg complies with strict Know-Your-Customer and Anti-Money-Laundering ("KYC/AML") requirements, to ensure that the App is not used for illicit activities. You can find more detailed information in this article: Building Reputation and a Secure Crypto Investment Platform.