How Virtual Currency Companies Can Reduce Regulatory Risks Skip to content

How Virtual Currency Companies Can Reduce Regulatory Risks

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7 Ways to Improve KYC/AML and OFAC Sanctions Compliance

U.S. regulators have levied $2.5 billion in penalties for crypto violations since 2009. The amount of fines and sanctions will only grow as legislators add new crypto regulations and step up their enforcement efforts.

This white paper explains how trusted, reliable location data and analysis reduces your regulatory risks. By pinpointing your users’ true location, you improve identity verification plus strengthen KYC/AML and OFAC sanctions compliance.

Download this white paper to:

  • Understand the limits of IP addresses for location validation.
  • Learn new tools for KYC/AML, CFT and OFAC sanctions compliance.
  • Discover new strategies to help combat ransomware.
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Canadian RegTech Association Annual Summit 2024