Coinmama: availability and regulation
Coinmama is a non custodial crypto broker that sells crypto directly to a wallet you control. It is registered as a Money Services Business with the United States Financial Crimes Enforcement Network and for anti money laundering supervision in the United Kingdom and Ireland. It serves over 190 countries and 48 United States states, excluding New York and Louisiana.
Information, not advice. This is general information, not legal, tax, or financial advice. Verify the current rules with a qualified local professional and the official regulator before acting.
Coinmama is a crypto broker founded in 2013 that sells crypto directly to a wallet you provide, rather than holding it for you. As of May 2026 it serves users in over 190 countries and in 48 United States states, with New York and Louisiana excluded due to state rules. It is registered as a Money Services Business with the United States Financial Crimes Enforcement Network and is registered for anti money laundering supervision in the United Kingdom and Ireland.
What Coinmama is
Coinmama is a crypto broker founded in 2013. Rather than running an order book where users trade with each other, it sells crypto to buyers directly and lets them sell back, using payment methods such as cards and bank transfers. The focus is on simple purchases for newer users.
Coinmama is non custodial. It does not hold your crypto for you. When you buy, the crypto is sent to a wallet address you provide, so you need your own wallet before you start. This model means there is no Coinmama balance holding your assets, but it also means you are responsible for keeping your wallet secure.
Fees are charged through a spread and a transaction fee that vary by payment method and region. Confirm the current fee schedule and the supported assets on the platform before buying.
Registrations and licences
- United States. Registered as a Money Services Business (MSB) with the Financial Crimes Enforcement Network (FinCEN), with anti money laundering and know your customer programmes. Service is offered in 48 states, not New York or Louisiana (as of May 2026).
- United Kingdom. Registered for anti money laundering supervision in connection with the Financial Conduct Authority (FCA) regime for cryptoasset activity (as of May 2026).
- Ireland and the European Economic Area. Registered with the Central Bank of Ireland for anti money laundering supervision, which supports its European activity (as of May 2026).
- Restricted regions. Coinmama restricts a number of countries and territories, including sanctioned jurisdictions and the United States states of New York and Louisiana (as of May 2026).
Each registration is stated as of 21 June 2026. Licences and registrations change. Confirm the current position on the regulator register and the platform before acting.
Where Coinmama is available
As of May 2026 Coinmama says it serves users in over 190 countries, including most of North America, the United Kingdom, the European Economic Area, Canada, and Australia. In the United States it operates in 48 states, with New York and Louisiana excluded because of state rules.
Supported payment methods and assets vary by region, and some countries are restricted entirely, including those under sanctions. Check the current position on the platform for your country and, if you are in the United States, your state before signing up.
Coinmama is one of several platforms available widely, including across most of the United States, the United Kingdom, and Canada. Availability depends on where you live, so compare the exchanges that are genuinely available in your country before you choose.
Regulator and sources
The supervising authorities differ by market: the Financial Crimes Enforcement Network (FinCEN) registration for the United States, the Financial Conduct Authority (FCA) regime in the United Kingdom, and registration with the Central Bank of Ireland for European activity. Coinmama's own support pages on restricted countries and states are the authoritative reference for current availability.
- Coinmama support pages on restricted countries and states.
- Financial Crimes Enforcement Network (FinCEN) Money Services Business registry.
- Public reviews and reporting on Coinmama availability, 2026.
Frequently asked questions
Is Coinmama safe and regulated?
Coinmama is a crypto broker that is registered as a Money Services Business with the United States Financial Crimes Enforcement Network and registered for anti money laundering supervision in the United Kingdom and Ireland. Registration does not remove market or platform risk, and this is information rather than advice. This is current as of May 2026.
Is Coinmama available in the United States?
Yes, in most states. As of May 2026 Coinmama serves users in 48 United States states but not New York or Louisiana, where state rules restrict it. Confirm your state is supported on the platform before signing up.
Does Coinmama hold my crypto?
No. Coinmama is a non custodial broker. It sells crypto directly to a wallet address you provide rather than holding the assets for you, so you need your own wallet before you buy. This is current as of May 2026.
Which countries can use Coinmama?
Coinmama says it serves users in over 190 countries, including most of North America, the United Kingdom, the European Economic Area, Canada, and Australia. It restricts a number of regions, including sanctioned countries and some United States states. Availability varies, so check the platform for your location. This is current as of May 2026.
What does Coinmama do?
Coinmama is a broker that lets people buy and sell crypto with payment methods such as cards and bank transfers, with the crypto sent to a wallet you control. It is built for simple purchases rather than active trading. This is current as of May 2026.
Rules change frequently. Exchange availability, registrations, and the rules that govern them can change at short notice and vary by region. The position on this page is dated 21 June 2026. Confirm the current status with the named regulator and the platform before you act.
Related pages
Subscribe to The Compliance Ledger
One short email when a rule or an exchange status shifts where it matters to you. No noise, no hype.