Crypto compliance, without the friction.

FATF Recommendation 16, transposed in the US under FinCEN's Funds Transfer and Travel Rules, requires Virtual Asset Service Providers (VASPs) to transmit originator and beneficiary information for transfers above 3,000 dollars. Practically, exchanges must collect counterparty VASP information, verify the beneficiary and exchange the data over a Travel Rule protocol such as TRP, IVMS 101 or Sumsub Travel Rule. If your platform custodies crypto and processes withdrawals, the rule applies. Legal Talent's KYC output produces the IVMS-101 payload that any Travel Rule provider can consume.

Yes. Since 2013 FinCEN guidance has classified administrators and exchangers of convertible virtual currency as money transmitters, a category of Money Services Business. A US-facing exchange must register with FinCEN within 180 days of beginning activity, renew every two years, secure state money-transmitter licenses (or rely on a sponsor's), implement a written AML program and file SARs and CTRs. Legal Talent provides the KYC, screening and audit trail required to operate that AML program at scale.

OFAC has explicitly stated that compliance obligations apply to digital-asset transactions just as they do to fiat. SDN listings now include wallet addresses (e.g. Tornado Cash, Lazarus Group clusters), and exchanges must screen both customer identities and on-chain destinations before allowing a transfer. Penalties have crossed the 100 million dollar threshold for willful violations. Legal Talent's screening engine combines name-based screening with wallet-address screening through partner on-chain analytics providers.

We integrate at two points. At KYC time we attach a wallet-screening result (Chainalysis, TRM Labs or Elliptic, depending on your contract) so the customer's connected wallet is risk-scored alongside their identity verification. At runtime our webhook fires when an SDN designation, sanctions update or adverse-media event affects a customer, and your TM stack can re-evaluate exposure. Customers can plug in their existing analytics provider; we do not lock you into a single vendor.

Non-custodial wallet software providers that never take custody are generally not classified as MSBs under current FinCEN guidance, so KYC is not strictly required. However, fiat on-ramps, staking products and any custody touchpoint immediately trigger MSB obligations and require full KYC, sanctions screening and Travel Rule compliance for transfers above the threshold. Legal Talent supports both flows: a lightweight identity attestation for non-custodial features and a full KYC session for any custodial or fiat-bridging step.