For business
KYT office
Compliance solution to monitor risks, detect sanctions and ensure AML rules.
KYT office
Compliance solution to monitor risks, detect sanctions and ensure AML rules.
AML certification
How industry players can get up-to-date knowledge and professional certification.
AML certification
How industry players can get up-to-date knowledge and professional certification.
Comprehensive transaction analytics that helps to build graphs and trace funds.
Graph
Travel rule
(soon)
For personal use
Telegram bot
Bot for checking crypto for risks, providing AML reports.
Telegram bot
Bot for checking crypto for risks, providing AML reports.
Getting money back
Services are focused on tracking
and recovering crypto assets.
and recovering crypto assets.
Getting money back
Services are focused on tracking
and recovering crypto assets.
and recovering crypto assets.
Docs and reports
All types of documents related
to cryptocurrency.
to cryptocurrency.
Docs and reports
All types of documents related
to cryptocurrency.
to cryptocurrency.
Portfolio tracker
Information about all assets and risk assessment in one place.
Portfolio tracker
Information about all assets and risk assessment in one place.
AML checks
Сhecking wallets and transactions
for illicit funds.
for illicit funds.
AML checks
Сhecking wallets and transactions
for illicit funds.
for illicit funds.
AML-сертификация
Актуальные знания в области AML/KYT от ведущих экспертов отрасли.
AML-сертификация
Актуальные знания в области AML/KYT от ведущих экспертов отрасли.
Graph
Визуализация перемещения активов
и связей между кошельками.
и связей между кошельками.
Graph
Визуализация перемещения активов
и связей между кошельками.
и связей между кошельками.
KYT Office
Мониторинг транзакций и кошельков для вашего отдела комплаенса.
KYT Office
Мониторинг транзакций и кошельков для вашего отдела комплаенса.
Для себя
Для Бизнеса
Travel rule
(Cкоро)
Телеграм-бот
Бот для проверки кошельков и транзакций с выдачей отчётов.
Телеграм-бот
Бот для проверки кошельков и транзакций с выдачей отчётов.
Возврат средств
Услуги по отслеживанию и возврату украденных криптоактивов.
Возврат средств
Услуги по отслеживанию и возврату украденных криптоактивов.
AML-проверки
Проверка кошельков и транзакций на наличие "грязной" криптовалюты.
AML-проверки
Проверка кошельков и транзакций на наличие "грязной" криптовалюты.
Портфолио трекер
Информация о всех активах и оценка рисков в одном месте.
Портфолио трекер
Информация о всех активах и оценка рисков в одном месте.
Отчёты
Все типы документов связанные
с криптовалютой.
с криптовалютой.
Отчёты
Все типы документов связанные
с криптовалютой.
с криптовалютой.
Crypto AML
Today we are going to talk about anty money loundering in
crypto. No one wants to be robbed in the crypto world, so this article is about how crypto platforms protect your money. First of all you need to know the difference between aml and kyc.
crypto. No one wants to be robbed in the crypto world, so this article is about how crypto platforms protect your money. First of all you need to know the difference between aml and kyc.
What is KYC?
-
KYC stands for — know your customer.This is a measure adopted by many crypto firms, especially crypto exchanges. It stops thieves, hackers, and other bad guys. For this purpose the platform needs the personal information of all users. For example, when the exchange asks you to send your photo and passport it's all part of KYC. And if a chain of transactions is traced to a hacker's wallet the police will find it. - Also, crypto platforms use the KYCC process.This means Know Your Customer’s Customer. KYCC is a derivative of the standard KYC process. It further helps to find fraud if someone a criminal tries to hide his tracks.
- KYC is now a standard for crypto firms.Clients have to provide a government-issued ID and pass facial verification in order to make deposits and trades.
What is AML?
Crypto currency anti-money laundering (AML) uses laws and regulations designed to stop criminals from converting illegally obtained crypto currencies into fiat currencies. The Financial Action Task Force (FATF) sets the standards for AML around the world. Today dozens of regulators use FATF recommendations to convert them into law within individual countries. To avoid the blocking your account, you should use AML check software. All reputable exchanges like Binance and companies operating in the blockchain industry have integrated programs that identify dirty coins. There are also autonomous projects that fulfil orders for AML verification of bitcoins and other crypto currencies.
Also, every big crypto firm has an AML officer. The AML Compliance Officer is responsible for financial regulations and personal data compliance requirements. Apart from this, he looks out for potentially risky transactions and operations.
Also, every big crypto firm has an AML officer. The AML Compliance Officer is responsible for financial regulations and personal data compliance requirements. Apart from this, he looks out for potentially risky transactions and operations.
In 2018 U.S. FinCen added new requirements for the financial industry including crypto companies. Now they have to identify and verify the identity of customers and beneficial owners, develop risk profiles by investigating customer relationships, and monitor suspicious accounts. It’s called the new Customer Due Diligence (CDD). Another KYC procedure is Enhanced Due Diligence (EDD). It is a more complicated process than CDD. It is conducted manually by the aml officer and is performed when new customers might be of high risk or high net worth.
Protecting our coins from financial criminals, thieves, and central banks isn’t a once-and-done task. AML compliance is a day-to-day responsibility.
