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Stackbit Compliance Documentation

Comprehensive documentation on Stackbit's compliance framework, procedures, and standards

Stackbit Compliance Framework


Overview


Stackbit operates as a technology infrastructure provider for stablecoin transaction processing. We provide the technical layer that enables secure, compliant financial operations while our partners (operators like Pi Pay) handle the financial services and regulatory compliance.


Our Role: Technology Provider


What Stackbit Provides

  • Transaction Processing Infrastructure: Secure, scalable backend systems
  • Agent Management Platform: Tools for operator networks to manage agents
  • Compliance Technology: Automated screening, KYC workflows, and reporting systems
  • Wallet Orchestration: Multi-signature wallet management and settlement rails
  • API Integration: Programmatic access to transaction flows

    • What Stackbit Does NOT Provide

  • Financial Services: We do not hold customer funds or provide banking services
  • Regulatory Licensing: We do not hold money transmitter or payment licenses
  • Direct Customer Relationships: We do not interact directly with end users
  • Compliance Decision-Making: Final compliance decisions rest with licensed operators

    • Regulatory Alignment


    Stackbit's compliance framework aligns with:

  • FATF Recommendations: Financial Action Task Force anti-money laundering standards
  • Cambodian Financial Regulations: National Bank of Cambodia requirements
  • International Sanctions: OFAC, EU, UN sanctions compliance
  • Data Protection: GDPR-equivalent privacy and data security standards

    • Technology-Enabled Compliance


    Our platform provides automated compliance tools:


    Real-Time Screening

  • Automated watchlist checks against global sanctions databases
  • Transaction pattern analysis for suspicious activity detection
  • Velocity monitoring and limit enforcement
  • Geographic risk scoring

    • KYC Workflow Automation

  • Identity verification integration with third-party providers
  • Document collection and verification workflows
  • Biometric verification support
  • Risk-based tier assignment

    • Transaction Monitoring

  • Real-time transaction analysis
  • Automated flagging of high-risk patterns
  • Compliance rule engine with configurable thresholds
  • Audit trail generation for all compliance decisions

    • Reporting & Documentation

  • Automated suspicious activity report (SAR) generation
  • Large transaction report (LTR) filing
  • Regulatory submission workflows
  • Immutable audit logs

    • Clear Boundaries


    Stackbit Layer (Technology)

  • Transaction processing infrastructure
  • Agent management systems
  • Compliance automation tools
  • Wallet orchestration
  • API and integration services

    • Operator Layer (Financial Services)

  • Customer relationships
  • Financial service provision
  • Regulatory compliance
  • License management
  • Business operations