Our Regulatory Approach
Everything here comes back to one idea: Cyphron keeps amounts confidential, but it does not make anyone anonymous. Anyone can see your address and the verified identity tied to it. Your amounts remain hidden unless you choose to reveal one or a lawful process compels disclosure. The rest of this page builds on that principle.
Legal framework
Cyphron works under the GENIUS Act of July 2025, the US law covering regulated stablecoins. USDG (Paxos' Global Dollar, issued natively on Robinhood Chain) meets that framework's requirements, and so does the bridged USDC that Cyphron accepts. Our stablecoin operations are set up to match.
Verified identity
Every account must be verified when it is created. That applies to Personal and Business accounts equally, and to the parent account behind each Agent. There are two levels:
| Level | Requirements | Unlocks |
|---|---|---|
| Basic | Government ID and liveness check | Standard limits |
| Enhanced | Additional documents and proof of address | Higher limits and Business features |
We do not offer anonymous or pseudonymous accounts. Each one is tied to a verified person or entity, even though the amounts moving through it stay encrypted.
Travel Rule handling
Payments that cross borders or exceed the threshold are subject to the Travel Rule. Cyphron complies by:
- Providing disclosure proofs to a counterparty's compliance system when it is required (details in Verifying Identity)
- Screening counterparty addresses with Chainalysis or TRM Labs
- Exchanging identity information in the standard way between regulated originating and beneficiary institutions, where relevant
Supported regions
During beta, Cyphron is available in the United States and in a set of EU jurisdictions. Places that explicitly ban crypto payment services cannot access the beta.
Data residency
Profiles and KYC records are kept in a region that matches where each account was opened. On-chain data is global by nature: it lives on Robinhood Chain and settles to Ethereum, not inside Cyphron's own systems. We explain this clearly during onboarding.
How privacy and compliance coexist
The confidential token layer hides amounts, not identities. Addresses remain public and are permanently linked to a verified owner, and a lawful request about a particular account can be met using the disclosure mechanism described in Showing Proof of a Payment. Regulated privacy-preserving payment systems have largely settled on confidentiality without anonymity, and Cyphron's whole contract layer is designed around that model: accountable where the law requires, confidential in every other case.