Anti-Money Laundering Policy

Our anti-money laundering policy (also known as AML/CFT) has a two-pronged approach. The first step is to “KYC” our customers. KYC stands for “Know Your Customer” and requires that we collect identifying information from our clients prior to trading. We will use a third-party provider called Persona to automate the KYC process.

The second step is to scan all transaction through databases of wallets known to be associated with money laundering, terrorist financing, or other illicit activities. For this piece, we will use a third-party provider called Chainalysis. Any transaction flagged using this service will be voided and reversed. (Note that Persona is active but Chainalysis has not yet been integrated.)

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