Fiat transfers on Peanut are regulated by the local on/off-ramp provider, not by Peanut itself.
- Peanut does not store your bank details or personal banking information
- All compliance, reporting, and regulatory obligations are handled by third-party providers
- Regulations depend on the country and provider and may change over time
- Peanut only works with providers that are compliant with local regulations
In short: providers handle regulation and compliance; Peanut does not run its own compliance system.