CoinsPaid
Source reviewCoinsPaid's CryptoProcessing brand has current US and Canadian crypto-service routes, but neither is publicly mapped to a complete gambling-market and authorization matrix; Dream Finance OÜ is not onboarding or expanding new business while its MiCA application is pending, and Dream Finance UAB has suspended all crypto services.
The old unverified draft remains withheld. Where a normalized research record exists, the checked scope, unresolved questions, and source trail appear below without implying eligibility or a recommendation.
- Entity type
- brand
- Provider lifecycle
- active
- Identity check
- partially verified
- Identity reviewed
- 2026-07-13
- Profile reviewed
- 2026-07-13
CoinsPaid and CryptoProcessing are active brands used by four named Dream Finance entities, but the applicable counterparty still depends on jurisdiction and merchant underwriting rather than one universal legal company.
CryptoProcessing by CoinsPaid
ResearchingMulti ProductUnknownAvailability: StandaloneCoinsPaid continues to document a real crypto payment product with deposits, withdrawals, conversion, custodial wallets, settlement, reporting, and signed API callbacks. The current CryptoProcessing site explicitly markets the product to iGaming and gambling operators.
The North American routes are now clearer: Dream Finance US LLC and Dream Finance Processing Inc. each publish current terms and privacy notices covering accounts, crypto services, APIs, and split controller-processor data roles. Dream Finance OÜ says it does not onboard clients, open accounts, sign new agreements, expand services, or actively market regulated services while its MiCA application is pending; Dream Finance UAB says all crypto services are suspended.
The profile remains in research rather than the live comparison. Current US and Canadian terms establish real operating routes, and the brand explicitly markets the product to iGaming, but no public source maps a named North American counterparty to accepted gambling licenses and supported operator jurisdictions. FinCEN and FINTRAC registration establishes AML registration, not state authorization, gaming acceptance, or universal merchant availability.
Integration evidence: The public product and terms support API-based merchant accounts, but an operator should not integrate until its order form names the Dream Finance contracting and invoice entity, supported market, payment authorization, accepted gambling license, custody and settlement route, and controller-processor allocation for each data set.
Documented delivery scope
US account and API route under Dream Finance US LLC for legal-entity customers accepted in a supported jurisdiction.
- Operator license
- Operator
- Merchant of record
- Unknown
- Player data controller
- Unknown
Included
- + Custodial crypto wallets
- + Crypto deposits and withdrawals
- + Crypto-to-crypto and crypto-to-fiat exchange
- + API-based merchant payment flows
- + Provider KYB, AML, sanctions, and transaction controls
Not included
- ! Fiat card acquiring
- ! Operator gambling license
- ! Guaranteed merchant approval
- ! Coverage in every US state
- ! Publicly fixed commercial and reserve terms
Canadian account and API route under Dream Finance Processing Inc. for legal-entity customers accepted in a supported jurisdiction.
- Operator license
- Operator
- Merchant of record
- Unknown
- Player data controller
- Unknown
Included
- + Custodial crypto wallets
- + Crypto deposits and withdrawals
- + Crypto-to-crypto and crypto-to-fiat exchange
- + API-based merchant payment flows
- + Provider KYB, AML, sanctions, and transaction controls
Not included
- ! Fiat card acquiring
- ! Operator gambling license and any province-specific gaming supplier approval
- ! Guaranteed merchant approval
- ! Universal cross-border availability
- ! Publicly fixed commercial and reserve terms
- ! Dream Finance OÜ's old Estonian registration FVT000166 was canceled on July 1, 2026. Its MiCA application remains under review, and the company says it is not onboarding or expanding new business in the EEA or elsewhere while that application is pending. Dream Finance UAB says all crypto services are suspended.
- ! Dream Finance US LLC has a current FinCEN MSB record, but FinCEN explicitly says registration is self-reported and is not a license or endorsement. No public CoinsPaid source provides the state money-transmitter licenses or state-by-state iGaming acceptance needed to qualify a US route.
- ! Dream Finance Processing Inc. is active in the FINTRAC register, but its Canadian terms still show old number C100000308 in the body while the official register and site footer show N300000209. The registry also uses a Toronto business address while the legal page uses a Calgary registered address.
- ! Dream Finance Processing Inc. does not appear in the Bank of Canada's public PSP datasets, but the actual RPAA duty depends on whether the contracted flow performs in-scope fiat payment functions. Absence is an unresolved scoping question, not proof of a violation.
- ! The current iGaming page still says compliance is handled through the Estonian license and does not map the offer to the US or Canadian entities. The generic API documentation also displays the pending Estonian CASP notice rather than identifying a North American route. Neither source proves which current counterparty can accept a gambling operator.
- ! The old compliance-pack URL now redirects to the corrected legal hub, but a CoinsPaid AML article still presents FVT000166 as the operating authorization and a localized contact page mixes old and current US and Canadian registration numbers. Use the legal hub, current regional terms, and official registers instead of those stale pages.
- ! The regional privacy notices document split processor and controller roles, but public materials do not provide the merchant order form, invoice issuer, route-specific DPA, subprocessor schedule, or final controller allocation for every player-data flow. Those boundaries require contract review.
- ! The Estonian business register shows a deletion notice and overdue 2025 annual report for Dream Finance OÜ, while the FIU records a 2024 own-funds precept under the old license.
- ! CoinsPaid disclosed a $37.3 million theft after a 2023 social-engineering attack, and the FBI independently attributed the CoinsPaid and Alphapo thefts to Lazarus Group. CoinsPaid said client funds were unaffected, but the public sources reviewed here do not independently prove that allocation.
- ! CoinsPaid reports CCSS Level 3 and publishes ISO 27001 certificates for Dream Finance OÜ and Dream Finance UAB. The public Hacken index confirms an audit relationship but does not expose the CCSS report or route scope, and the certificates do not name the active US or Canadian counterparties.
- ! The public pages prove that the Dream Finance entities operate the brand, but they do not establish one universal owner of the CryptoProcessing software or one counterparty for every merchant route.
- Estonian e-Business RegisterRegulatorchecked 2026-07-13— Official register lists Dream Finance OÜ, registration number 14783543, as entered and linked to coinspaid.com, but also displays a deletion notice and shows the 2025 annual report as not submitted after its June 30, 2026 deadline.
- Estonian Financial Supervision and Resolution AuthorityRegulatorchecked 2026-07-13— Official June 30, 2026 notice states that old FIU virtual-currency registrations were canceled on July 1 and that only MiCA-authorized EEA providers may continue onboarding, opening accounts, or marketing crypto services in the EEA.
- Estonian Financial Supervision and Resolution AuthorityRegulatorchecked 2026-07-13— Current Estonian and cross-border MiCA crypto-asset service provider register was checked on July 13, 2026; Dream Finance OÜ was not listed.
- Estonian Financial Intelligence UnitRegulatorchecked 2026-07-13— Official supervision page records a July 5, 2024 precept for Dream Finance OÜ under old license FVT000166 for non-compliant own funds.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— Current legal hub maps the brand to Dream Finance OÜ, Dream Finance UAB, Dream Finance US LLC, and Dream Finance Processing Inc.; it says the Estonian entity is not onboarding clients, opening accounts, signing new agreements, or expanding existing services and that the Lithuanian entity has suspended all crypto-asset services.
- Bank of LithuaniaRegulatorchecked 2026-07-13— The current official financial-market-participant search returns zero results for Dream Finance UAB, so its legal-page statement that it is supervised under MiCA is not independently supported by the regulator register.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— June 17, 2026 US terms say Dream Finance US LLC operates the platform, make it the counterparty for supported legal-entity customers, and document custodial wallets, exchange, deposits, withdrawals, accounts, APIs, and merchant payment flows. The terms do not mention gambling merchants or establish that any gambling license or operator jurisdiction is accepted.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— Current US privacy notice identifies Dream Finance US LLC as processor for wallet, transaction, end-customer, API-credential, and support data used to provide the merchant service. It separately acts as controller for corporate onboarding, KYB and UBO checks, compliance, fraud and risk controls, invoicing support, and website analytics.
- US Financial Crimes Enforcement NetworkRegulatorchecked 2026-07-13— Current MSB search confirms Dream Finance US LLC, registration 31000313808665, at the published Delaware address and lists money-transmitter activity in California, Delaware, Illinois, Kansas, Missouri, New Hampshire, Utah, and Wyoming; FinCEN states that registration is self-reported and is not a license or endorsement.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— June 17, 2026 Canadian terms make Dream Finance Processing Inc. the counterparty and document custodial wallets, exchange, deposits, withdrawals, accounts, and APIs. They do not mention gambling merchants or establish accepted gambling licenses and operator jurisdictions, and the body still shows old registration C100000308 while the footer and FINTRAC register show N300000209.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— Current Canadian privacy notice identifies Dream Finance Processing Inc. as processor for wallet, transaction, end-customer, API-credential, and support data used to provide the merchant service. It separately acts as controller for corporate onboarding, KYB and UBO checks, compliance, fraud and risk controls, invoicing support, and website analytics.
- Financial Transactions and Reports Analysis Centre of CanadaRegulatorchecked 2026-07-13— The June 2026 official CSV lists Dream Finance Processing Inc. as registered MSB N300000209 from December 12, 2024 through August 31, 2027 for foreign exchange, money transfer, virtual currency, and PSP services. It identifies Alberta incorporation number 2027121116 and a Toronto business address. FINTRAC states that registration is not a license, certificate, or endorsement.
- Bank of CanadaRegulatorchecked 2026-07-13— Bank of Canada guidance says crypto-only custody and exchange do not constitute retail payment activity under the RPAA, while fiat payment functions may be in scope depending on the actual flow. Dream Finance Processing Inc.'s absence from the PSP datasets therefore is not independently proof of non-compliance.
- CoinsPaidVendorchecked 2026-07-13— Current product page documents crypto payment processing, crypto-to-fiat conversion, supported blockchain infrastructure, settlement, and business integration.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— Current iGaming page markets deposits, player and affiliate payouts, conversion, API integration, payment links, and merchant screening, but still says compliance is handled through the old Estonian license and does not identify the US or Canadian contracting route.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— June 30, 2026 company update states that Dream Finance OÜ's MiCA application remains under review and that it does not onboard clients, open accounts, sign new agreements, expand existing services, or actively market regulated services while the application is pending.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— Current technical documentation exposes deposit, withdrawal, payment-request, exchange, balance, transaction, and signed-callback APIs and displays a notice that Dream Finance OÜ's CASP application remains under review.
- CoinsPaidVendorchecked 2026-07-13— Current CoinsPaid article still presents Dream Finance OÜ and old license FVT000166 as the operating authorization even though the regulator ended the old license regime on July 1, 2026.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— The current Lithuanian contact page still displays old US and Canadian MSB numbers in its entity block while its footer uses the newer registrations, demonstrating that localized legal content has not been consistently updated.
- CoinsPaidVendorchecked 2026-07-13— CoinsPaid disclosed a July 2023 social-engineering attack and theft of $37.3 million from company funds; it said client funds were not affected, a claim not independently established in the public evidence reviewed here.
- US Federal Bureau of InvestigationRegulatorchecked 2026-07-13— The FBI independently attributed the July 22, 2023 thefts from Alphapo and CoinsPaid to North Korea's Lazarus Group, corroborating the incident and attribution but not CoinsPaid's claim about the ownership of the stolen funds.
- CryptoProcessing by CoinsPaidVendorchecked 2026-07-13— April 2026 company update reports a Hacken-audited CCSS Level 3 Full System certification for key-management and wallet infrastructure, but the page does not name the certified Dream Finance entity or link a public audit report.
- HackenIndependent Reviewchecked 2026-07-13— Hacken's public portfolio independently lists CoinsPaid and one audit, but the indexed record does not expose a CCSS date, legal entity, certificate number, or route-specific scope.
- Bureau Veritas certificate hosted by CryptoProcessingVendorchecked 2026-07-13— Hosted certificate names Dream Finance OÜ and virtual-currency services under ISO/IEC 27001:2022 through June 17, 2027; it does not name either active North American counterparty.
- Swiss Approval certificate hosted by CryptoProcessingVendorchecked 2026-07-13— Hosted certificate names Dream Finance UAB and wallet, system, and business-process controls under ISO/IEC 27001:2022 through March 11, 2027. Its Vilnius address differs from the current legal-hub address, and the legal hub separately says that entity's crypto services are suspended.
Category review
Placement labels record editorial review state only. They do not make this research profile eligible for a comparison.
Role: service provider
CryptoProcessing is a real operator-facing payment service with current US and Canadian counterparties, custodial accounts, exchange, deposits, withdrawals, and APIs. It remains outside the live comparison because the brand-level iGaming offer is not mapped to an active legal entity, supported gambling jurisdictions, accepted operator licenses, and any required US state authorization.
Role: service provider
Current product, terms, and API material establish genuine crypto custody, merchant payments, payouts, conversion, and settlement functions, and the brand explicitly markets them to gambling operators. The only EEA route is restricted or suspended, while the active North American entities are not publicly tied to a market-specific gambling acceptance and authorization matrix.