Compliance

Freedom.
With the right rules.

We believe in disintermediating the bank, not disintermediating the law. Our compliance exists so that Pangea continues to exist — and to protect legitimate customers from misuse of the platform.

Pillars

How we structure ourselves.

Brazilian regulation

We operate under Law 14,478/22 (legal framework for cryptocurrencies in Brazil). We follow BACEN and CVM resolutions applicable to our scope.

Mandatory KYC

We verify identity, address and source of funds in transactions involving reais or bank accounts. PLD (money laundering prevention) taken seriously.

Transaction monitoring

Automated system identifies suspicious patterns. Cases reviewed manually by the compliance team. COAFs communicated when required.

Regulatory reporting

Mandatory reports delivered within legal deadlines. Documentation available to competent bodies upon properly grounded request.

What we refuse

Transactions outside our scope of action are refused, regardless of volume. The list is not exhaustive:

  • Operations involving international sanctions (OFAC, EU, UN)
  • Illegal gambling
  • Fraudulent activities, pyramids or Ponzi schemes
  • Transactions related to terrorist financing
  • Clear human rights violations

Compliance channel

Competent authorities, anonymous reports or requests for information on a legal basis:

compliance@pangeapay.org