Crypto AML compliance needs controls that actually work for on-chain activity, not a traditional banking AML framework awkwardly adapted for a VASP.
We verify wallet ownership and source of funds as part of every crypto AML compliance engagement, addressing a risk vector traditional AML frameworks were not built for.
Ongoing monitoring of on-chain and off-chain activity, with blockchain screening tools calibrated to VASP risk.
We support both your crypto AML compliance framework and your ongoing VARA licensing obligations. ✓ Wallet and source of funds verification ✓ Ongoing blockchain and transaction screening ✓ KYC and UBO identification for VASP customers ✓ Sanctions screening for digital asset transactions ✓ VARA regulatory advisory support
Crypto-specific AML frameworks that keep pace with an evolving regulatory environment.
Crypto AML compliance sits at the intersection of general UAE AML law and VARA's virtual-asset-specific rulebook. Here is how the two connect.
Traditional transaction monitoring tools were not built to trace on-chain fund flows across wallets and exchanges, so effective crypto AML compliance depends on blockchain-native screening technology, not adapted banking tools.
Crypto AML compliance for a VASP starts with the same underlying UAE federal AML law that applies to every regulated business, then adds VARA-specific requirements around wallet screening and blockchain analytics.
Underestimating ongoing monitoring requirements once the VASP is operational, not just at the licensing stage.
Using generic KYC tools not built for wallet or blockchain-based identity verification.
Success is never a solo journey—it’s a collective effort driven by teamwork,
collaboration, and shared vision. When we come together.
We confirm which VARA license category applies and what it requires.
We establish wallet verification and blockchain screening processes.
We build ongoing transaction monitoring calibrated to your volume.
We support your crypto AML compliance program as VARA regulations evolve.
At Ontrax Risk and Compliance Ltd., we deliver tailored Anti-Money Laundering (AML) compliance solutions that protect your business, ensure regulatory alignment, and foster long-term credibility. we ensure your business stays compliant with evolving AML regulations. Our expert-driven AML solutions help you mitigate risks, prevent financial crime, and meet global compliance standards.