Where tazdan stands today.
Product status, licensing, how your money is protected and your rights — in one place, stated plainly. Where something isn’t done yet, we say so.
This page changes as things change. Statuses are updated when something is signed, granted or completed — not before.
Product status
The app is being finished and tested. It isn’t in the App Store or Google Play yet — join the waitlist to be among the first in.
Licensing
We’re engaging with the Central Bank of Libya on licensing. tazdan is not licensed yet.
Books that must balance
A double-entry ledger checked by the database, two-person corrections and an automatic trading halt.
Where things stand.
Pre-launch. Coming to iPhone and Android; send abroad runs as a pilot on sandbox rails until a licensed payout partner is live for each corridor.
Engaging with the Central Bank of Libya. Licence details will be published here only once granted.
Safeguarding accounts depend on our licensed banking partner and aren’t in place yet. tazdan isn’t a bank; balances aren’t covered by a deposit-protection scheme.
An external penetration test and formal independent security audits are not done yet.
How you’re protected.
Balanced double-entry books, customer money counted apart from ours, reserved funds for pending payments.
Two-factor, step-up checks, trusted devices, screening and a 17-rule risk engine.
@handles instead of bank details, first name and last initial on P2P, coarse Near me location, privacy mode.
Verification levels, sanctions screening, transaction monitoring and append-only records.
Documents and choices.
What we collect, why, who we share it with and your rights over it.
The agreement between you and tazdan.
Crypto prices can fall sharply. Read the risks before you buy.
How to close your account, and what we have to keep by law.
Found a security issue? Tell us privately first.
Questions about any of this? Ask us directly.
Important to know.
- 01
Crypto assets are volatile. The value of what you hold can fall sharply, even to zero. Never put in more than you can afford to lose.
- 02
tazdan is not a bank. Balances held on the platform are not protected by a government deposit-insurance scheme.
- 03
Nothing on this site or in the app is financial advice. Past prices say nothing about future ones.
- 04
P2P trades are between users. tazdan provides escrow and dispute handling but is not a party to the trade.
- 05
Services may be restricted in some countries. It’s your responsibility to follow the laws where you live.
- 06
Cards are not available. A future card would be issued by a regulated issuing partner under its own terms.
- 07
tazdan may freeze or close accounts that break our terms, our anti-money-laundering rules or the law.
Page updated October 2026.
Questions? Ask us directly.
We’d rather answer than have you guess. Or join the waitlist and be among the first in.
Pre-launch. Services depend on regulatory approval and partner availability.