Simple App is regulated by the Financial Crime Investigation Service of the Republic of Lithuania as Virtual Currency Exchange Operator and Depository Virtual Currency Wallet Operator. As a regulated entity, Simple is required to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. These regulations are in place to ensure the protection, security, and rights of users, as well as the integrity of digital assets. By adhering to these regulations, Simple strives to maintain a trusted and secure platform for its users.