Zcoinpay is an unregulated and anonymously operating crypto payment processor that does not disclose any information about legal entities or individuals connected with it. However, it claims that Cyprus is the applicable jurisdiction.
We noticed that Zcoinpay has been facilitating broker scams. Moreover, the Zcoinpay operators also run the Coinsxo crypto payment processor (PC42 profile) anonymously.
Thus, we included Zcoinpay and Coinxo in our “Black Compliance” list.