Verification and compliance controls
A regulated control environment
Routes can only be created after onboarding and External Account verification. Crypto routes are subject to KYT, Travel Rule where applicable, transaction monitoring and compliance review.
Regulatory disclaimer
Credium Digital EAD is currently preparing and pursuing authorisation as a Crypto-Asset Service Provider under MiCA. The services described on this website are not currently offered, available or open to customers. They will only be provided after the required regulatory authorisation has been granted by the competent authority. This website is for informational and explanatory purposes only and is intended to describe the proposed business model.
Onboarding
- KYC/KYB onboarding
- Source of funds and source of wealth checks where required
External Account verification
- Verified bank accounts (per currency and payment rail)
- Verified crypto addresses (per address on a supported network)
- Routes only between verified External Accounts
Ongoing monitoring
- Continuous transaction monitoring with periodic reviews
- Pattern-based checks on source of funds, supporting documents and source of wealth
- Risk-based re-assessment of clients and counterparties over time
- KYT and source/destination route controls
- Travel Rule where applicable
- AML/CTF controls aligned with EU and Bulgarian requirements
Controls
- Refund and revert procedures
- Compliance hold where legally required
- Termination controls