Skip to content
IT EN
Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Baanx / Crypto Life

Baanx

4.0/5 2.4/5
Service Stablecoin infrastructure

Data verified on unchanged since the sources

Worth it if you're a fintech that wants to issue a crypto card on a proven backend (MetaMask Card, Exodus Card) under FCA and ADGM oversight.

Avoid it if you're a retail user: Baanx is B2B infrastructure, not a product you can open and use directly.

An infrastructure provider powering backends such as MetaMask Card and Exodus Card, with a proven platform. It is a B2B solution, not available directly to retail users.

38
Transparency: Low
38/100 · see methodology
38
Data exposure: Low
38/100 · lower is better for sovereignty · methodology

Data & conditions

Service type Stablecoin infrastructure
Pricing model Not disclosed
Card networks Visa, Mastercard
Card types debit
Fiat rails SEPA, SWIFT
Stablecoins USDC, USDT
Custody model non-custodial
Certifications PCI-DSS-L1
SDK REST API, JavaScript
Fund custody Self-custody (funds in your control)
KYC Full
Supported countries EEA, UK, US, APAC · 60+ countries
Regulator FCA
OAM Italy registration No
Segment B2B
MiCA / License status EMI FCA + ADGM

Strengths

  • Backend of MetaMask Card, Exodus Card: infrastruttura collaudata.
  • Self-custody: funds stay in your wallet — the platform cannot touch them.

Weaknesses

  • B2B: not available directly for users retail.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (FCA + ADGM): reporting to authorities and freezes on order.

Verdict

A C ★ 4.0/5 ★ 2.4/5

The strong rating rests on dual FCA and ADGM oversight and a verifiable track record: it powers the backends of MetaMask Card and Exodus Card, infrastructure already proven at real volume. For the client business it means a supervised, dependable provider, with full KYC and no known incidents on its record.

Through this lens the verdict drops: although non-custodial, Baanx remains an FCA-supervised issuer with full KYC, designed to plug into mainstream products rather than serve trustless or censorship-resistant aims. Even where it powers crypto-native wallets like MetaMask, the compliance and identity layer it imposes pulls it away from any ethic of individual sovereignty.

Privacy & anonymity 30% 1.3
Fund control 20% 5.0
Censorship resistance 20% 1.5

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

Reputation

What happened to people who used Baanx / Crypto Life, and what users say. External signals: they do not feed the promp.it rating.

Incidents & regulatory actions

Notable incidents

Documented events with consequences still open. Each entry carries a source and a date.

  1. Data breach Severe ● open

    Unauthorised access to data of US Crypto Life customers (Baanx US Corp): Social Security numbers, personal details, transaction history and encrypted credentials exposed; customer notices from 30 October 2026

    According to the official notice from Baanx US Corp, dated 30 October 2026 and filed with the California Attorney General, unknown parties accessed personal data of some US customers of the Crypto Life card programme between 23 and 28 September 2026 and again on or about 17 October 2026. The weak point was on Baanx's side, in two places: a third-party service provider's access and an internal administrative system. The data potentially exposed includes first and last name, date of birth, address, phone number, email address, transaction history, password (hashed), multi-factor authentication token (encrypted) and Social Security number, where provided. Baanx says the access has been contained and that, based on the investigation so far, there is no evidence that customer funds were accessed; it reset passwords and two-factor authentication on the affected accounts and is offering 24 months of free credit monitoring and identity protection through Experian. The number of affected customers has not been disclosed. The notice covers only the Crypto Life programme in the United States: it does not name other card programmes built on Baanx infrastructure, nor European or UK customers.

    ↗ source

verified on

Public reviews

3.4/5 256 reviews
  • Trustpilot ↗ 3.4/5 256 reviews

    Profile of the Crypto Life / CL Card product (cl-cards.com), provided by Baanx: correctly attributed to the service. Count read on 2026-09-13; it grows over time (a local subdomain showed 247). Recent negative reviews (disabled accounts, blocked withdrawals) are rising sharply in 2026 but are NOT confirmed by any primary source: see the incidents note in staging.

Weighted average across 1 public review platform (256 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.

FAQ

What service does Baanx / Crypto Life offer?

Baanx / Crypto Life is a Crypto Payment Infrastructure service with a hybrid model pricing.

What compliance does Baanx / Crypto Life hold?

Certifications: PCI-DSS-L1.

How much does it cost to integrate Baanx / Crypto Life?

Pricing model: a hybrid model. Per-unit fees are not published: they depend on volume and contract.

Does Baanx / Crypto Life support stablecoins?

Supported stablecoins are not documented.

Who is Baanx / Crypto Life for?

Target: B2B. SDKs and integrations are not publicly documented.

Sources

Show 10 more sources

Update history

✓ Terms unchanged since Jun 14, 2026

🔔 Notify me of changes

← Back to Crypto Payment Infrastructure (B2B)