Echobit

Echobit is licensed as a Money Services Business (MSB) in both the United States and Canada, regulated by FinCEN and FINTRAC respectively. These licenses require Echobit to meet strict anti-money laundering (AML) and know-your-customer (KYC) standards enforced by two of the world's most rigorous financial regulatory bodies. Operating under MSB licensing means our users can trust that every transaction is monitored, reported, and conducted within a fully regulated framework — providing the same level of oversight found in traditional financial institutions.

Echobit is a proud member of the Korea CODE (Cryptocurrency Exchange) Alliance, a self-regulatory organization established by leading Korean virtual asset exchanges to promote industry-wide compliance, transparency, and user protection. Membership in this alliance demonstrates our alignment with Korean market standards and our commitment to responsible exchange operations. By participating in this collaborative framework, Echobit upholds the shared principles of fair trading, security, and regulatory cooperation that the Alliance was founded to advance.

Echobit is fully compliant with global Travel Rule requirements, ensuring the secure and transparent transmission of originator and beneficiary information across all virtual asset transfers. We are directly connected with leading Korean exchanges — including Coinone and Upbit — through established Travel Rule compliance channels, enabling seamless cross-platform transaction verification. Our compliance infrastructure is built to meet the evolving regulatory standards set by the FATF, supporting jurisdictions worldwide in their efforts to combat money laundering and illicit financial activity. By integrating with globally recognized compliance networks, Echobit provides institutional-grade trust and transparency for every transaction on our platform.