SANCTIONS APPROACH
SANCTIONS APPROACH
Clear boundaries. Actively managed.
Clear boundaries. Actively managed.
Clear boundaries. Actively managed.
Screening runs at three levels — the jurisdiction, the person, and the blockchain address — so a sanctioned country or counterparty can’t reach BTSE’s platform through a gap between them.
Screening runs at three levels — the jurisdiction, the person, and the blockchain address — so a sanctioned country or counterparty can’t reach BTSE’s platform through a gap between them.
Restricted Jurisdictions
At a base level, BTSE applies geo-blocking controls for sanctioned countries: where a jurisdiction is FATF-blacklisted or subject to comprehensive sanctions, BTSE does not make its services available there at all, before any individual-level screening even comes into play.
Cuba
North Korea
Syria
Russia
Iran
Restricted Jurisdictions
At a base level, BTSE applies geo-blocking controls for sanctioned countries: where a jurisdiction is FATF-blacklisted or subject to comprehensive sanctions, BTSE does not make its services available there at all, before any individual-level screening even comes into play.
Cuba
North Korea
Syria
Russia
Iran
Restricted Jurisdictions
At a base level, BTSE applies geo-blocking controls for sanctioned countries: where a jurisdiction is FATF-blacklisted or subject to comprehensive sanctions, BTSE does not make its services available there at all, before any individual-level screening even comes into play.
Cuba
North Korea
Syria
Russia
Iran
Restricted Jurisdictions
At a base level, BTSE applies geo-blocking controls for sanctioned countries: where a jurisdiction is FATF-blacklisted or subject to comprehensive sanctions, BTSE does not make its services available there at all, before any individual-level screening even comes into play.
Cuba
North Korea
Syria
Russia
Iran
Why This Matters
Why This Matters
Why This Matters
Sanctions in crypto apply to both individuals and wallet addresses.
BTSE screens at the identity and address levels to prevent funds from reaching designated wallets.
Sanctions in crypto apply to both individuals and wallet addresses.
BTSE screens at the identity and address levels to prevent funds from reaching designated wallets.
No service. No exceptions.
No service. No exceptions.
FATF-blacklisted and/or subject to comprehensive, jurisdiction-wide sanctions.
FATF-blacklisted and/or subject to comprehensive, jurisdiction-wide sanctions.
Reviewed on an ongoing basis.
Reviewed on an ongoing basis.
Access to some or all products may be limited based on external risk data, applicable licensing requirements, and regulatory considerations.
Access to some or all products may be limited based on external risk data, applicable licensing requirements, and regulatory considerations.
Major Screening Lists Monitored
Major Screening Lists Monitored
Major Screening Lists Monitored
Customer screening is automated and continuously run on an ongoing basis so a list update is reflected in BTSE’s screening the same way. We use major international and relevant local lists:
Customer screening is automated and continuously run on an ongoing basis so a list update is reflected in BTSE’s screening the same way. We use major international and relevant local lists:
OFAC (US Treasury)
Specially Designated Nationals & Sectoral Sanctions
UN Security Council
UNSC Consolidated sanctions list
EU Financial Sanctions
EU Consolidated Financial Sanctions File
EU Financial Sanctions
EU Consolidated Financial Sanctions File
UK Sanctions Lists
UK lists issued by OFSI/HMT and other government bodies
UK Sanctions Lists
UK lists issued by OFSI/HMT and other government bodies
Screening Flow
Screening Flow
Screening Flow
01
01
Geo-blocking
Geo-blocking
Access is blocked at the jurisdiction level for comprehensively sanctioned countries.
Access is blocked at the jurisdiction level for comprehensively sanctioned countries.
02
02
Onboarding screening
Onboarding screening
Every applicant is identified and screened before an account is activated.
Every applicant is identified and screened before an account is activated.
03
03
Onboarding rescreening
Onboarding rescreening
The existing customer base is automatically rescreened as sanctions lists update.
The existing customer base is automatically rescreened as sanctions lists update.
04
04
Wallet & transaction screening
Wallet & transaction screening
Deposit and withdrawal addresses are checked against sanctioned-address data.
Deposit and withdrawal addresses are checked against sanctioned-address data.
05
05
Escalation & reporting
Escalation & reporting
Confirmed matches trigger account restriction and regulatory notification.
Confirmed matches trigger account restriction and regulatory notification.
Identifying who’s actually behind an account
Identifying who’s actually behind an account
Screening a name only works if BTSE knows the right name to check. As part of onboarding, a customer identification programme authenticates and identifies retail customers directly, and — for corporate and business clients — looks through the entity to its ultimate beneficial owners, so screening is run against the people who actually control an account, not just the company name on the application.
Screening a name only works if BTSE knows the right name to check. As part of onboarding, a customer identification programme authenticates and identifies retail customers directly, and — for corporate and business clients — looks through the entity to its ultimate beneficial owners, so screening is run against the people who actually control an account, not just the company name on the application.
Wallet-level screening is what extends sanctions enforcement onto the blockchain itself: deposit and withdrawal counterparties are screened through leading blockchain analytics systems before funds move.
Blockchain analytics systems attribute sanctioned and other high-risk addresses through techniques including address clustering, open-source research, analyst review, and behavioural pattern analysis — to flag both directly designated addresses and related addresses reasonably assessed to be acting on a sanctioned entity’s behalf.
Wallet-level screening is what extends sanctions enforcement onto the blockchain itself: deposit and withdrawal counterparties are screened through leading blockchain analytics systems before funds move.
Blockchain analytics systems attribute sanctioned and other high-risk addresses through techniques including address clustering, open-source research, analyst review, and behavioural pattern analysis — to flag both directly designated addresses and related addresses reasonably assessed to be acting on a sanctioned entity’s behalf.
ON-CHAIN SCREENING
Risk signals travel across chains.
ON-CHAIN SCREENING
Risk signals travel across chains.
We cooperate with governments and comply with applicable regulations. If BTSE is requested for information from law enforcement authorities, we will assist and provide information where permissible by law to facilitate investigations and mitigate illicit activity.
We cooperate with governments and comply with applicable regulations. If BTSE is requested for information from law enforcement authorities, we will assist and provide information where permissible by law to facilitate investigations and mitigate illicit activity.
Check the Official Lists
Check the Official Lists
Check the Official Lists
These are the same public registers BTSE’s screening draws on — useful if you want to check a name or address independently:
These are the same public registers BTSE’s screening draws on — useful if you want to check a name or address independently:
These are the same public registers BTSE’s screening draws on — useful if you want to check a name or address independently:
OFAC Sanctions List Search
OFAC Sanctions List Search
US Treasury SDN & sectoral sanctions search tool
US Treasury SDN & sectoral sanctions search tool
EU Sanctions Tracker
EU Sanctions Tracker
Searchable EU financial sanctions register
Searchable EU financial sanctions register
UN Sanctions List Search
UN Sanctions List Search
UN Security Council consolidated list search
UN Security Council consolidated list search
UK Sanctions List Search
UK Sanctions List Search
OFSI / HMT consolidated list search
OFSI / HMT consolidated list search