1. Prohibited Business Types
The following categories of businesses or activities are strictly prohibited from accessing or using SquareFi Inc’s platform:
● Any business engaged in illegal activities or the sale of illegal products or services
● Production, distribution, or sale of controlled substances without valid licensing
● Human trafficking, prostitution, escort services, or similar exploitative businesses
● Manufacturing or distribution of counterfeit goods or intellectual property violations
● Deceptive, misleading, or predatory business models, including pyramid or Ponzi schemes
● Activities involving illegal content, including child sexual abuse materials (CSAM) or any form of exploitation
2. Restricted Business Activities
Certain types of businesses may be permitted to use SquareFi Inc’s services only after enhanced due diligence and formal approval. These include, but are not limited to:
● Money Services Businesses (MSBs)
● Cryptocurrency exchanges, wallets, brokers, or other digital asset service providers
● Gambling, betting, fantasy sports, and skill-based gaming platforms
● Charities, foundations, or other non-profit organizations
● Adult content services, online tipping, or fan monetization platforms
● Dealers in precious metals, gems, or high-value commodities
Entities in these categories must demonstrate full licensing, regulatory compliance, and robust risk management protocols.
3. Prohibited Transactions and Usage
The following activities and types of transactions are not permitted on the SquareFi Inc platform:
● Purchase or sale of illegal drugs, narcotics, or controlled substances without proper authorization
● Use of stolen, forged, or unauthorized financial instruments or identification
● Funding or engagement in cybercrime, malware distribution, or hacking services
● Purchase, sale, or distribution of weapons or ammunition for corporate use
● Operation of unlicensed online pharmacies or participation in illicit pharmaceutical trade
● Unlawful access to or trafficking in personally identifiable information (PII) or sensitive data
● Offering payday loans, high-interest unlicensed lending, or debt collection without compliance
● Trade or sale of endangered species or products derived from them
4. Geographic Restrictions
SquareFi Inc restricts access to its services in jurisdictions subject to sanctions, regulatory restrictions, or elevated financial crime risks. As of this policy’s issuance, access is prohibited in:
● CubaIran
● North Korea
● Russia
● Syria
● Venezuela
● Myanmar
● Ukraine (including Crimea, Donetsk, and Luhansk regions)
SquareFi Inc reserves the right to add or remove jurisdictions at its discretion, including in response to updates from international bodies such as FATF, OFAC, or relevant regulatory authorities.
5. Enforcement and Monitoring
SquareFi Inc monitors activity across its platform and reserves the right to investigate, suspend, or terminate accounts or transactions that violate this policy.
Violations may be reported to applicable regulatory bodies or law enforcement authorities in accordance with legal obligations.
Contact Us
For questions regarding permitted business models, services, or compliance inquiries, please contact the SquareFi Inc Compliance Team at
info@squarefi.co 
