Bahamas Non-Custodial Wallet – Compliant Development
Launch a non-custodial wallet in Bahamas with compliance controls mapped to SCB and DARE. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Bahamas · Non-Custodial Wallet
The Bahamas DARE Act regulates digital asset businesses including exchanges and token issuers.
| Jurisdiction | Bahamas |
|---|---|
| Regulator | SCB |
| Product | Non-Custodial Wallet |
Software
Built-in compliance controls
- Self-custody key generation and secure backup flows
- WalletConnect / chain signing with transaction simulation
- Optional KYC-gated features for regulated on-ramps
- Phishing protection and address allowlisting
- Privacy-preserving analytics for product ops (not user PII)
- User-controlled private keys management
- KYC processes for wallet creation
- Transaction monitoring for suspicious activities
- Compliance reporting features for regulatory audits
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is a non-custodial wallet?
- A non-custodial wallet allows users to control their private keys without third-party involvement.
- Are non-custodial wallets subject to regulation?
- Yes, they must comply with applicable KYC and AML regulations.
- How do I ensure compliance for a non-custodial wallet?
- Implement KYC processes and ensure transaction monitoring is in place.