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New Compliance Update 🔍

Dec 23, 2024

Hey Rapidz Fam,


Starting December 30, 2024, we’ll be adding an extra field when you send or receive funds. This change is to ensure compliance with the EU’s Travel Rule and enhance your transaction security.


What You Need to Know:


• Sending Funds? You’ll need to provide the beneficiary details.

•Receiving Funds? Be prepared to share the sender’s details when asked.


These simple additions promote transparency and responsible crypto use! ✨ For more details, check out the official guidance from the European Banking Authority here.


As we wrap up the year, we want to thank you for being part of the Rapidz Fam. Get ready to embrace an incredible 2025 in the crypto world with us! 🚀


Warm wishes,

The Rapidz Team

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RAPIDZ reimagines the digital finance & payment experience and propels the crypto ecosystem to a broader audience

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Cryptocurrencies carry a high level of risk and may not be suitable for all investors. Before deciding to trade cryptocurrency, you should carefully consider your investment objectives, level of investment experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading and seek advice from an independent financial advisor.

UAB Rapidz Pay (Registration No. 306279111) is a licensed Virtual Asset Service Provider (VASP) in Lithuania, operating under regulations for businesses active in the European Union and European Economic Area (EU/EEA). Rapidz Pay Inc. (MSB Registration Number: 31000283038917) holds a Money Services Business license in the United States, compliant with regulations for operators within the country. Both entities adhere to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations, ensuring compliance with applicable legal frameworks. For more information on our licenses, visit the Centre of Registers and FinCEN MSB Registration.

Rapidz Pay’s services may not be available in certain jurisdictions due to regulatory restrictions.

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