AML Compliance Services Tailored for Cryptocurrency Businesses
Which AML Services Specialize in Cryptocurrency Compliance?
Cryptocurrency platforms face unique AML risks: anonymous or pseudonymous wallets, high‐volume cross-border flows, new technology like mixers and layered transactions, and evolving regulation such as large virtual currency transaction reports and travel-rule compliance. To meet these challenges, specialized AML services offer:
Platform-specific risk assessments that map your crypto flows, wallet types, counterparties and jurisdictions.
KYC/CDD (Know Your Customer / Customer Due Diligence) built for crypto: verifying on-chain identities, wallet linking, beneficial ownership of token holdings.
Transaction monitoring systems engineered for blockchain: real-time flagging of suspicious wallet behaviour, chain jumps, mixers, unhosted wallets.
Regulatory filing support for virtual assets: large virtual currency transaction reports, suspicious transaction reports, travel-rule compliance, registration advice.
Platino Consulting stands apart: our consultants are licensed in crypto investigations, well-versed in blockchain forensics and AML/CTF regulation. We deliver tailored crypto AML services that integrate seamlessly into your platform and support your growth while ensuring regulatory readiness.
How Can I Implement AML Monitoring in My Cryptocurrency Business?
Starting from scratch, a small cryptocurrency business may feel overwhelmed, but effective AML monitoring can be implemented incrementally:
Risk-assess your business model: Are you running an exchange, wallet, custody service, token marketplace? Map out where funds originate, where they go, how counter-parties operate.
Build KYC/CDD workflows: Set identity verification standards, wallet ownership checks, beneficial ownership for entities, and on-chain wallet tagging.
Deploy monitoring rules: Configure your system (or partner with a monitoring vendor) to flag unusual behaviour, including large volumes, rapid chain-hopping, anonymous wallets, mixing services.
Train staff & designate compliance officer: Even small firms need someone with oversight, a written compliance program, documented procedures and ongoing training.
Report and iterate: Have clear processes for suspicious transaction reports and large transaction reports. Monitor effectiveness, adjust rules, and ensure records.
By engaging Platino Consulting, you gain access to our licensed crypto-investigation team who will help you design the monitoring architecture, set rule-logic, integrate blockchain tools, train your team, and position you ahead of regulatory scrutiny.
Which Companies Offer AML Compliance Services in Canada?
In Canada, a growing number of advisory and software providers cater to AML compliance. Some focus on FinTech broadly, others specialise in virtual assets. Examples include full-service advisory firms offering program design, audits, investigations, and vendor-neutral vendor selection. What sets Platino Consulting apart is our depth in crypto investigations, regulatory registration (including MSB registration with FINTRAC when applicable), and ongoing program management tailored to virtual asset businesses.
If you’re seeking AML compliance support in Canada for your cryptocurrency business, whether you’re onboarding users globally, managing wallets, or handling token flows, Platino Consulting offers a proven roadmap: from initial gap assessment through to ongoing monitoring and regulatory submission. Contact us for a confidential discussion about securing your growth while staying compliant.
