Regulated · Transparent · Trusted
Satoshi Loan and Pawn — Licenses and Regulatory Compliance
Satoshi Loan & Pawn operates under full state and federal regulatory oversight. Our licenses are active, publicly verifiable, and renewed annually.
Active Licenses
Our Regulatory Credentials
Michigan Pawnbroker License
ActiveMichigan Department of Insurance and Financial Services (DIFS)
Authorizes Satoshi Loan & Pawn to operate as a licensed pawnbroker in the State of Michigan, accepting personal property as collateral for short-term loans in accordance with the Michigan Pawnbrokers Act, MCL 446.201 et seq.
License No.
PB-2019-04821
Issued
March 14, 2019
Last Renewed
March 14, 2026
Expires
March 14, 2027
Michigan Money Transmission License
ActiveMichigan Department of Insurance and Financial Services (DIFS)
Permits the transmission of money and digital assets, including Bitcoin, in connection with collateral loan services. Issued under the Michigan Money Transmission Services Act, MCL 487.1001 et seq.
License No.
MT-2021-00374
Issued
January 7, 2021
Last Renewed
January 7, 2026
Expires
January 7, 2027
FinCEN Money Services Business Registration
ActiveFinancial Crimes Enforcement Network (FinCEN), U.S. Department of the Treasury
Registers Satoshi Loan & Pawn as a Money Services Business with the U.S. Department of the Treasury, confirming compliance with federal Bank Secrecy Act (BSA) requirements including AML/KYC program obligations.
License No.
MSB-31000267894521
Issued
February 22, 2021
Last Renewed
February 22, 2025
Expires
February 22, 2027
Ongoing Programs
Compliance & Consumer Protection
Holding a license is the floor, not the ceiling. These are the active programs we maintain to protect our customers and the integrity of the financial system.
Anti-Money Laundering (AML)
We maintain a written AML compliance program, conduct ongoing transaction monitoring, and file Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs) as required by federal law.
Know Your Customer (KYC)
All borrowers are verified using government-issued photo ID. We collect and retain customer identification records in accordance with FinCEN Customer Identification Program (CIP) requirements.
OFAC Screening
Every applicant is screened against the U.S. Treasury OFAC Specially Designated Nationals (SDN) list prior to loan origination. We do not transact with sanctioned individuals or entities.
Data Privacy
Customer data is encrypted at rest and in transit. We do not sell personal information to third parties. Our data handling practices comply with applicable Michigan and federal privacy laws.
Important Disclosures
Please read the following disclosures carefully before applying for a loan.
Satoshi Loan & Pawn is not a bank or federally insured depository institution. Loans are not FDIC insured.
Bitcoin and other digital assets are highly volatile. The value of your collateral may decrease significantly during the loan term.
Failure to repay your loan may result in the forfeiture of your collateral. Please review your loan agreement carefully before signing.
Annual Percentage Rates (APR) vary based on loan amount, term, and collateral type. Representative APR is disclosed in your loan agreement prior to signing.
Satoshi Loan & Pawn does not provide investment, tax, or legal advice. Consult a qualified professional before making financial decisions.
All loan applications are subject to approval. Satoshi Loan & Pawn reserves the right to decline any application at its sole discretion.
Questions about our licensing?
Our compliance team is happy to answer any questions about our regulatory standing, loan terms, or consumer protections.