Yes, we are a registered Independent Remittance Dealer & Digital Currency Exchange with AUSTRAC, and registered in NZ on the Financial Services Provider Register.

Blacksheep is an Australian company and is based in Brisbane, Australia.

Our support team is based in Australia and carries deep expertise in payments regulation and compliance, and cross-border payments using stablecoins.

Yes, Blacksheep was purpose-built to support businesses, as well as individuals. Many businesses use Blacksheep to make reliable cross-border payments and move money between currencies.

Unfortunately, many banks will continue to block transactions to registered remittance companies and crypto exchanges. If this happens, we’ll assist you with alternative methods to ensure your trading is uninterrupted.

Blacksheep is required by law to verify the identity of all users under anti-money laundering (AML) and counter-terrorism financing (CTF) regulations.

Completing know-your-customer (KYC) and Know-your-business (KYB) checks helps us ensure your account is secure, protects against bad actors, and keeps our platform safe and compliant.

For individual accounts, most verifications are completed within minutes. In some cases, it may take up to 24–48 hours if additional checks are needed.

For businesses, verification can take between 1-5 business days upon receipt of required documents.

In both cases, we’ll notify you as soon as it's complete.