AML Statement

Last updated: 24 June 2026

This Anti-Money Laundering (AML) Statement sets out the principles, controls, and procedures put in place to prevent the use of the platform for money laundering, terrorist financing, fraud, and other illicit activities.

The platform provides crypto payment processing services and applies a risk-based approach to compliance with applicable AML, counter-terrorist financing (CTF), and sanctions regulations.

1. Compliance Approach

The platform is committed to maintaining effective AML/CTF controls and applies internal policies, procedures, and monitoring systems designed to detect and prevent financial crime.

Compliance measures are reviewed and updated regularly in line with regulatory expectations, risk exposure, and operational requirements.

2. Risk-Based Framework

A risk-based approach is used to identify, assess, and manage the risks associated with users, transactions, jurisdictions, and services.

Risk factors may include:

• user profile and business activity
• geographic location and jurisdiction risk
• transaction patterns and volume
• use of high-risk assets or services

Enhanced due diligence may be applied in higher-risk scenarios.

3. Customer Due Diligence (KYC)

Identity verification is required before accessing core services.

Users may be required to provide:

• government-issued identification
• proof of address
• a selfie or biometric verification
• business or corporate documentation (where applicable)
• source-of-funds or source-of-wealth information

Accounts may be restricted, suspended, or terminated if verification requirements are not met.

4. Transaction Monitoring

Transactions are monitored on an ongoing basis to detect suspicious activity.

Monitoring may include:

• analysis of transaction patterns and behaviour
• blockchain analytics and wallet screening
• detection of unusual or high-risk activity
• alert generation and manual review

Transactions may be delayed, rejected, or blocked where necessary.

5. Sanctions and Screening

Users and transactions are screened against applicable sanctions lists and watchlists.

The platform may restrict or prohibit access where:

• a user is located in a restricted or sanctioned jurisdiction
• a user appears on a sanctions list
• a transaction involves a high-risk or prohibited counterparty

6. Prohibited Activities

The platform strictly prohibits the use of its services for illegal or high-risk activities, including but not limited to:

• money laundering or terrorist financing
• fraud or financial manipulation
• sanctions evasion
• use of stolen or unauthorised funds
• transactions related to illegal goods or services

Any suspected violation may result in immediate suspension or termination of access.

7. Reporting and Cooperation

Where required, suspicious activity may be reported to the competent authorities in accordance with applicable law.

The platform cooperates with regulators, law enforcement agencies, and authorised bodies on matters relating to financial crime prevention.

8. Record Keeping

Records relating to user verification, transactions, and compliance checks are retained for the period required by applicable law.

Such records may be used for audit, investigation, and regulatory reporting purposes.

9. Internal Controls

The platform maintains internal controls designed to ensure compliance, including:

• staff training and awareness programs
• restricted access to sensitive data
• monitoring and audit procedures
• incident response and escalation processes

10. Updates

This AML Statement may be updated from time to time to reflect changes in legal requirements, the risk environment, or operational practices.

The latest version will be available on the website.