Iguabit Secures US MSB Status and Launches MPC Wallet Infrastructure for Institutional Security
Louisville, Kentucky, USA, December 15th, 2025, Chainwire
Iguabit Global Ltd. today announced two strategic developments: its formal registration as a U.S. Money Services Business (MSB) and the completion of its institutional-grade Multi-Party Computation (MPC) wallet infrastructure.
These milestones represent a key advancement in the company’s efforts to meet evolving global regulatory requirements and strengthen its security framework. By aligning with established compliance standards and deploying advanced cryptographic technologies, Iguabit aims to support institutional users—particularly in Brazil and Latin America—with a secure and regulation-conscious trading environment.
Regulatory Certainty: Anchored by US MSB License
In an era of regulatory arbitrage, Iguabit has chosen a rigorous path of compliance. As an entity regulated under the framework of the U.S. Financial Crimes Enforcement Network (FinCEN), Iguabit enforces strict Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols.
Gideon Shaw, Chief Compliance Officer at Iguabit (and veteran compliance expert ), stated: “Securing US regulatory status is not just a legal procedure; it is our highest commitment to the safety of user funds and operational transparency. In an uncertain market, compliance is the only certainty.”
Furthermore, Iguabit has retained Hon. Prescott Caldwell, a former senior official at the U.S. Treasury’s FinCEN, as a Regulatory Advisor, ensuring the platform’s compliance strategy remains aligned with the latest FATF recommendations.
Technical Shield: MPC Architecture Eliminates Single Points of Failure
Addressing the vulnerabilities of traditional private key management, Iguabit CTO Elara Voronova (formerly of Google DeepMind ) spearheaded the deployment of an advanced MPC wallet architecture.
Key Sharding: Unlike traditional single-key signing, MPC technology splits private keys into multiple shards stored across distinct physical and cloud nodes. Transaction signing requires multi-party computation, fundamentally eliminating the risk of a single point of compromise .
Cold/Hot Separation: 98% of user assets are mandatorily stored in offline cold wallets, with only a minimal percentage kept for daily liquidity, monitored in real-time by AI risk control systems.
Secure Asset Fund for Users (SAFU)
To further bolster market confidence, Iguabit has established a self-funded Secure Asset Fund for Users (SAFU). Accumulated from a percentage of trading fees, this fund serves as a dedicated insurance reserve to compensate users in extreme force majeure events, providing a final line of defense for user assets.
Outlook: Building a Global Compliance Network
Iguabit’s compliance footprint begins in the US but does not end there. With Brazil as a strategic beachhead, Iguabit is actively engaging with regulators in LatAm and other key global jurisdictions, aiming to build a cross-border compliant Virtual Asset Service Provider (VASP) network that drives the legitimization and adoption of digital assets within the traditional financial system.
About Iguabit
Iguabit Global Ltd. is a US-registered fintech company dedicated to providing secure and compliant digital asset trading services to global investors. Leveraging MPC wallet technology and a rigorous compliance framework, Iguabit brings institutional-grade security standards to the cryptocurrency market.