Saudi Arabia Custodial Wallet – Compliant Development
Launch a custodial wallet in Saudi Arabia with compliance controls mapped to SAMA and SAMA / CMA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Saudi Arabia · Custodial Wallet
Saudi Arabia is developing virtual asset regulatory frameworks. We build enterprise-grade platforms with partner-led regulatory alignment.
| Jurisdiction | Saudi Arabia |
|---|---|
| Regulator | SAMA |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- KYC processes integrated into the wallet onboarding.
- Automated transaction monitoring for compliance alerts.
- Audit logs maintained for all wallet activities.
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 custodial wallet?
- A custodial wallet is managed by a third party, which holds the private keys on behalf of users.
- What compliance features should a custodial wallet have?
- It should include KYC, AML, and transaction monitoring capabilities.
- Do I need a license for a custodial wallet in Saudi Arabia?
- Yes, you must comply with SAMA regulations and register as a reporting entity.