PlasBit is building a blockchain-based payment solutions infrastructure to transform the way businesses and individuals send, receive, and store crypto. Their goal is to create a future where all assets are tokenized on-chain, and their products are designed to be seamless, secure, and instant. They hold fiat balances as cash in dedicated custodial accounts separate from PlasBit funds and use 2-factor authentication to protect all accounts and transactions. As Cryptocurrency markets are unregulated services, they are not governed by any specific European regulatory framework, but client accounts are protected by the Securities Investor Protection Corporation for a maximum coverage cash sublimit of $250,000.