2.4 Fiat Services

Status: Draft
Owner: Simon
Managed by: Saul
Last Edited: 2026-02-13

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COOWN fiat currency integration for Euro payments and banking services.

Key partners: - Monerium — stablecoin issuer, Euro liquidity - LHV Pank — IBAN issuance - VISA — debit card network - GnosisPay — debit card issuing - SEPA — clearing and settlement

Risk areas: Partner service interruption, regulatory non-compliance, sanctions exposure, fraud, insider threats, cybersecurity attacks, AML failures.

Business process relevance: PolyReg membership, ISO 27001 scope, customer onboarding, treasury reconciliation.

Review triggers: Partner agreement changes, service discontinuation, regulatory updates, security incidents.