The Coinezi platform is encompassed by two regulated bodies. zMint Group OÜ, dba Coinezi which stores and exchanges crypto funds and an EU regulated custodian for storing fiat funds. zMint Group OÜ holds two operating licenses with the Estonian Financial Intelligence Unit. License Number FVR000194 is for providing services to exchange virtual currencies against fiat currencies, and License Number FRK000162 is for providing a virtual currency wallet service.
Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance is a mandatory due diligence that all regulated exchanges must perform. It is required for identity verification, and the prevention of fraud, money laundering, and terrorist or other illegal activities.