In accordance with global foreign exchange regulations
✅ Compliant with global financial standards and best practices
✅ Aligned with FATF, AML, and KYC frameworks to ensure regulatory integrity
✅ Prepared for licensing and regulatory approval in key financial jurisdictions
✅ Risk management and compliance infrastructure built to international standards
AML/CFT Compliance:
USDW employs Elliptic KYT and KYW to oversee transactions and digital wallets, ensuring compliance with MiCA’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations.
Investor Protection:
USDW’s qualified custody solutions protect digital assets, ensuring compliance with MiCA’s standards for the responsible and secure management of investor funds. | VASP regulated by the Central Bank of Portugal for digital asset brokerage and custody services
Governance & Regulatory Reporting:
USDW’s internal investigation protocols and communication with regulatory bodies guarantee complete adherence to MiCA’s governance and transparency requirements.
Future-Ready:
USDW is currently adopting the best practices mandated by MiCA, guaranteeing that its platform remains compliant and secure amidst the changing regulatory environment.
Summary of the USDW Compliance Procedure
Ensure compliance with AML/CFT regulations, protect company reputation, and prevent illicit activities.
Monitoring Tools:
Know Your Transaction (KYT)
Elliptic for Know Your Transaction (KYT) and Know. Your Wallet (KYW) risk assessment.
Know Your Transaction (KYT)
Elliptic for Know Your Transaction (KYT) and Know. Your Wallet (KYW) risk assessment.
Focuses
Know Your Transaction (KYT) : Focuses on the risk evaluation of each transaction.
Know Your Transaction (KYT)
KYW: Focuses on understanding the risk associated with wallets, ensuring they are not linked to illicit activities.
Risk Score
Risk Score triggers immediate action (score ≥ 7).
Process Flow:
Ensure compliance with AML/CFT regulations, protect company reputation, and prevent illicit activities.
Transaction risk
Transaction risk evaluation via external AML providers (KYT + KYW).
Investigation
Investigation of high-risk transactions and wallets by the compliance team.
Blocking users
Blocking users, transactions, and wallets if risk is confirmed.
Key Compliance Procedures
Internal Investigation: Review transaction history (KYT) and wallet history (KYW), contact intermediaries, and determine whether the activity is suspicious.
Regulatory Reporting: Detailed reports submitted to COAF for confirmed suspicious transactions or wallets.
Asset Return Protocol: In cases of illicit funds, assets are returned to the source with proper documentation.
Confidentiality: All investigation details are kept confidential.
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