Compliance & Legal Disclosures

Money Services Business Registration

Zula LLC is registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), an agency of the United States Department of the Treasury.

Washington State Money Transmitter License

Zula LLC is licensed as a Money Transmitter in Washington State by the Washington State Department of Financial Institutions (DFI). This license authorizes money transmission and digital asset services within the State of Washington.

Federal Regulatory Compliance

We comply with all applicable U.S. federal and state regulations. This includes, but is not limited to:

• The Bank Secrecy Act (BSA), 31 U.S.C. § 5311 et seq.
• FinCEN regulations governing money services businesses (31 CFR Part 1022)
• FinCEN guidance on virtual currency (FIN-2013-G001, FIN-2019-G001)
• OFAC sanctions compliance requirements
• Applicable state money transmission laws
• FinCEN Travel Rule (31 CFR § 1010.410)

Anti-Money Laundering (AML) Program

We implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. Our AML program includes:

• Written internal policies, procedures, and controls
• Designation of a compliance officer
• Ongoing employee training on AML obligations
• Independent testing and audit of AML controls
• Transaction monitoring for suspicious activity
• Suspicious Activity Report (SAR) filing as required by law
• Currency Transaction Report (CTR) filing as required
• Recordkeeping in compliance with BSA requirements (minimum 5 years)

Know Your Customer (KYC) Policy

Prior to providing any services, Zula LLC requires mandatory identity verification. This includes:

• Government-issued photo identification
• Proof of residential address
• Date of birth verification
• Screening against OFAC and other applicable sanctions lists
• Enhanced due diligence for higher-risk customers or transactions

Customers who do not complete our KYC process will not be permitted to use our services under any circumstances.

Risk Disclosure

Specific risks include:

• Price volatility: cryptocurrency values fluctuate significantly and unpredictably
• Technological risk: blockchain networks may experience outages, forks, or security events
• Regulatory risk: laws governing digital assets may change
• Liquidity risk: digital assets may not be readily convertible at a desired price
• Irreversibility: most blockchain transactions cannot be reversed once confirmed
• Loss of access: loss of wallet credentials may result in permanent loss of assets

No Investment Advice

Nothing on this website, in our communications, or through our services constitutes investment advice, financial advice, legal advice, or any other professional advice. Zula LLC is not a registered investment advisor, broker-dealer, or securities firm. Customers are strongly encouraged to consult qualified financial, legal, and tax professionals before using digital asset services.

OFAC Sanctions Compliance

Zula LLC screens all customers and transactions against the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list and other applicable sanctions lists. We do not provide services to sanctioned individuals, entities, or jurisdictions, and maintain ongoing monitoring updated per OFAC requirements.

Travel Rule Compliance

For qualifying transfers, Zula LLC complies with the FinCEN Travel Rule (31 CFR § 1010.410), requiring that certain identifying information accompany funds transfers of $3,000 or more. We collect and transmit required information for all applicable transactions.