Common Ways Your Customers May Try To Avoid KYC
A wide range of customer behaviors could read suspiciously. How do you know for sure? Though this is not a complete list, we explain 5…
6 min read
Category
Compliance Tip
Vital Crypto Compliance Issues That Are Easy To Miss
AML compliance is complex, and it can be difficult for cryptocurrency businesses and startups to dot every last I. Here are some of the most…
6 min read
Watch For These Testing And Monitoring Mistakes As You Grow Out Of Startup Status
When you decide to start a cryptocurrency business, there are very specific AML compliance tasks that you need to take care of before you open…
7 min read
For Cryptos, Money Transmitter Licensing Isn’t One-And-Done
You’re not done once you get your MTL license in-hand. In fact, the hard part has just begun. More and more states are requiring cryptocurrency…
8 min read
What cryptos can expect from a Title 31 exams
Can cryptocurrency businesses be subjected to IRS Title 31 exams? In short, yes. The IRS uses Title 31 to prevent money laundering, meaning more and…
6 min read
3 Common Risk Assessment Mistakes Crypto Businesses Make
It’s vital to control for the risks that come with running a cryptocurrency business, but how do you identify those risks in the first place?…
7 min read
Top 3 Mistakes Cryptocurrency Businesses Make In Their Annual Audit
To operate as a cryptocurrency money services business (MSB)/money transmitter, you need to complete the registration process through the Financial Crimes Enforcement Network’s (FinCEN’s) online…
5 min read
The 3 Most Frequent Cryptocurrency Compliance Errors And How To Fix Them
Having an anti-money laundering (AML) process in place is step one for any reputable crypto business. However, even those with the best intentions have holes…
6 min read
5 Insider Tips To Give Your KYC Protocols An Extra Edge
Know Your Customer (KYC) and Customer Due Diligence (CDD) are mission-critical components of successful bitcoin compliance. But like most things, their value is dependent on…
8 min read