Bitzaro takes security and compliance seriously. We work with globally recognised partners and hold regulatory registrations to ensure your assets and data are protected.
1. FINTRAC - Registered MSB (Canada)
Bitzaro is registered as a Money Services Business (MSB) with FINTRAC, Canada's financial intelligence unit. This registration means Bitzaro operates under strict anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.
2. Elliptic - Transaction Screening
Every transaction on Bitzaro is screened by Elliptic, a leading blockchain analytics firm. Elliptic checks transactions against sanctions lists and flags suspicious activity automatically, helping to keep the platform safe and compliant.
3. Sumsub - KYC & KYB Verification
Bitzaro uses Sumsub to verify the identity of all users (individuals and businesses). This process, known as Know Your Customer (KYC) and Know Your Business (KYB), ensures that only legitimate users can access the platform.
4. Multi-Signature Wallet Security
Your crypto assets in the Bitzaro Wallet are protected by multi-signature (multi-sig) security. This means every transaction requires multiple approvals before it goes through so even if one key is compromised, your funds remain safe.