Terms of Service
Last updated: 1 July 2026
Local Bridge Inc.
1. Preamble
These Terms of Service ("Terms") govern your use of the fiat-to-crypto on/off-ramp services (the "Services") provided by Local Bridge Inc. ("Local Bridge," "we," "us," or "our"). By accessing or using the Services, you agree to be bound by these Terms.
2. Nature of Services
Local Bridge Inc. provides a platform that enables business clients to convert fiat currency to stablecoins (e.g., USDC) and vice versa, as well as to store and transact with stablecoins. Local Bridge Inc. is not a bank, financial institution, or regulated entity and does not provide banking, or regulated financial services.
Local Bridge Inc. may provide eligible clients with access to custodial wallets that are opened, held, and managed by our regulated partner, Bridge Ventures LLC, Bridge Building Inc, Bridge Building S.A, Bridge Building Limited, Bridge Building Sp. Z.o.o, (Collectively "Bridge"), which acts as custodian of the crypto-assets held in those wallets. Local Bridge Inc. acts solely as a technical intermediary facilitating access to Bridge's services; Local Bridge Inc. does not open, hold, control, or take custody of any client crypto-assets or funds at any time. Custodial wallets are made available to eligible clients in the jurisdictions Local Bridge Inc. serves, except that custodial wallets are not currently available to clients resident in the European Economic Area (EEA). This exclusion applies irrespective of Bridge's regulatory status, and may be changed by Local Bridge Inc. at its discretion upon notice. Access to and use of custodial wallets is further subject to Bridge's own terms, policies, and eligibility criteria.
3. Third-Party Services
Conversions and wallet services are handled by Bridge Ventures LLC, Bridge Building Inc, Bridge Building S.A, Bridge Building Limited, Bridge Building Sp. Z.o.o, (Collectively "Bridge") pursuant to its User Terms and Privacy Policy, available at www.bridge.xyz/legal. These services include opening and managing virtual bank accounts and wallets for digital currencies, including custodial ones.
Custody of crypto-assets and related crypto-asset services are provided by our regulated partner, Bridge, which complies with the requirements applicable to a Crypto-Asset Service Provider (CASP) under Regulation (EU) 2023/1114 ("MiCA"). The MiCA framework applicable to such services takes effect on 1 July 2026. Notwithstanding Bridge's MiCA compliance, Local Bridge Inc. does not currently make custodial wallets or related crypto-asset services available to clients resident in the EEA. Enablement of such services for EEA clients, if any, will occur at Local Bridge Inc.'s discretion and subject to separate notice. Your use of Bridge's services is additionally governed by Bridge's own terms and policies, incorporated herein by reference.
4. Client Responsibilities
You represent and warrant that you are a registered business entity authorized to use the Services and to comply with applicable laws, and that all funds used in transactions are lawfully owned and not derived from illegal activities. You are responsible for providing information required by Bridge or financial institutions for KYC/AML purposes, for securing your access credentials, and for notifying Local Bridge Inc. immediately of any unauthorized access.
Access to your account and the authorization of certain transactions are protected by Strong Customer Authentication, requiring you to verify your identity using at least two independent factors from the categories of knowledge (something you know), possession (something you have), and inherence (something you are). You agree to enrol in and maintain the SCA methods we require, to keep your authentication credentials and devices secure and confidential, and to notify Local Bridge Inc. immediately of any loss, theft, or unauthorized use. We may decline, suspend, or delay any transaction or access that does not satisfy SCA, and may update our authentication requirements from time to time to maintain security and regulatory compliance.
5. Transaction Process
Transactions are irrevocable once initiated for on-ramp conversions. Fees for the Services are fixed by an agreement between you and Local Bridge Inc.
6. Risk Disclosures
You acknowledge the risks associated with stablecoins and crypto-asset transactions, including price volatility and technological, regulatory, and counterparty risks. Local Bridge Inc. and third-party service providers are not liable for losses arising from these risks or third-party actions. Where you use a custodial wallet, your crypto-assets are held by Bridge as custodian, and you bear the credit and insolvency risk of Bridge in respect of those assets. Custodial wallets are not currently available to clients resident in the EEA. Loss of, or failure to complete, Strong Customer Authentication may delay or prevent access to your account or transactions.
7. Data Sharing
Local Bridge Inc. may share your data (e.g., transaction details, KYC information) with third-party service providers and financial institutions to provide the Services and to comply with legal obligations.
Where required under applicable laws and regulations (including, among others, "travel rule" obligations such as Regulation (EU) 2023/1113 and equivalent requirements in other jurisdictions), Local Bridge Inc., our regulated partner Bridge, and other involved service providers will collect, transmit, and receive identifying information about the originator (source) and the beneficiary (recipient) of crypto-asset transfers. This applies to all transfers to which such requirements relate, whenever the conditions established by the applicable rules and laws are met — including any applicable transaction-value thresholds and counterparty conditions. The availability or non-availability of any particular service or product to clients in a given jurisdiction (including the non-availability of custodial wallets to clients resident in the EEA) does not limit or remove these obligations.
By using the Services, you agree to provide, and authorise the collection, transmission, and receipt of, such information as is required to satisfy these obligations. This information may include, in respect of the originator: full name; residential address (street, city, state/region, postal code, country); identification details (type, number, and issuing country); date of birth; place of birth (city and country); wallet type; and the timestamp of wallet-ownership attestation; and in respect of the beneficiary: an indication of whether the wallet is self-hosted/self-owned, and the wallet type. Where a counterparty wallet is held by another Crypto-Asset Service Provider, that provider may transmit the required travel-rule data directly to Bridge. Such information is shared only with regulated counterparties and competent authorities, and solely to the extent necessary to comply with these legal obligations.
8. Limitation of Liability
To the maximum extent permitted by law, Local Bridge Inc. shall not be liable for any direct, indirect, incidental, or consequential damages arising from your use of the Services.
9. Termination
Local Bridge Inc. may terminate or suspend your access for reasons including violation of these Terms or of third-party service providers' terms.
10. Governing Law
These Terms are governed by the laws of the State of Delaware, USA, without regard to conflict of law principles. Disputes shall be resolved in the courts of the State of Delaware, USA.
11. Contact Information
Local Bridge Inc., 1111B S Governors Avenue, STE 28660, Dover, DE 19904, US. Email: business@localbridge.com.
12. Amendments
Local Bridge Inc. may amend these Terms from time to time. Continued use of the Services constitutes acceptance of the amended Terms. These Terms were last updated on 1 July 2026. The changes relating to custodial wallets, our MiCA-compliant regulated partner, travel-rule data collection, and Strong Customer Authentication are material; your continued use of the Services on or after 1 July 2026 constitutes acceptance of these amended Terms.