Fiat transfers on Peanut are regulated by the local on/off-ramp provider, not by Peanut itself.

• Peanut does not store your bank details or personal banking information
• All compliance, reporting, and regulatory obligations are handled by third-party providers
• Regulations depend on the country and provider and may change over time
• Peanut only works with providers that are compliant with local regulations

In short: providers handle regulation and compliance; Peanut does not run its own compliance system.