VASP (Virtual Asset Service Provider)
Overview
A Virtual Asset Service Provider (VASP) is any business that facilitates the exchange, transfer, custody, or issuance of virtual assets such as cryptocurrencies. FATF guidelines require VASPs to comply with AML/CFT obligations, including KYC, transaction monitoring, and the Travel Rule.Regulators worldwide are increasingly licensing and supervising VASPs to reduce financial crime risks. VASPs play a critical role in safeguarding crypto markets from misuse by terrorists, money launderers, and fraudsters.Institutions that engage with VASPs must perform due diligence and ensure regulatory compliance. As digital assets expand globally, VASPs are becoming central to financial ecosystems but face heightened scrutiny.
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AML Screening
Comprehensive Anti-Money Laundering screening solutions to detect and prevent financial crimes through advanced monitoring and compliance tools.
Transaction Monitoring
Real-time transaction monitoring and analysis to identify suspicious activities and ensure regulatory compliance across all financial operations.
Criminal Screening
Thorough background checks and criminal record verification to ensure compliance and maintain security standards in your onboarding process.
