Argentina, Chile, Uruguay.
Commercial operations
Phase 1 commercial focus.
TX, FL, WY, MT — counsel-blessed.
Limited EU early-adopter engagements.
Geoblocks — hard
Signup will be refused.
- Geoblocked
New York State, USA
BitLicense (23 NYCRR 200); STAXIS not licensed; geoblock at IP signup.
- Geoblocked
OFAC-sanctioned jurisdictions
US embargo; sanctions screening on all signups.
Gates — provisional
Signup paused pending counsel.
- Gated
California, USA
DFAL (Digital Financial Assets Law); application opened on NMLS March 9, 2026; compliance deadline July 1, 2026; STAXIS gating until counsel-confirmed posture.
- Gated
EU member states (other than CASP-authorized)
MiCA CASP authorization required under ESMA briefing 35-42-1428 + Q&A ESMA_QA_2463; targeted Phase 2 in Estonia or Portugal.
- Gated
Other US states (case-by-case)
Per counsel opinion for specific state requirements.
Argentina-specific
PSAV registration and legend.
- PSAV registration per CNV RG 994/2024 + RG 1058/2025 once the threshold (35,000 UVA/month in operational volume) is reached.
- PSAV legend on all Argentine-facing materials.
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