Cryptocurrency & Digital Assets

Crypto AML, KYC, FinCEN & Sanctions Compliance

Digital asset businesses face overlapping requirements involving AML, FinCEN, money transmission, sanctions, and increasingly sophisticated transaction-monitoring expectations.

Friling Law advises cryptocurrency and digital asset businesses regarding U.S. financial crime compliance and the regulatory implications of their operations.

Our work may include:

• Cryptocurrency AML programs
• FinCEN regulatory analysis
• MSB registration issues
• KYC/KYB procedures
• Beneficial ownership verification
• Digital asset transaction monitoring
• Suspicious transaction analysis
• Blockchain-related due diligence
• Wallet and counterparty risk
• OFAC sanctions screening
• High-risk jurisdiction exposure
• Cross-border cryptocurrency transactions
• Regulatory investigations and enforcement matters

Particular attention is given to situations in which digital assets interact with sanctioned jurisdictions, designated persons, mixers or other elevated-risk counterparties.

AML & Financial Crime

Anti-Money Laundering, Financial Crime Compliance, Investigations & Enforcement

Friling Law advises U.S. and international businesses, financial institutions, fintech companies, payment providers, money services businesses, digital asset companies, investors, and individuals on U.S. anti-money laundering and financial crime laws.

Our practice combines AML/BSA compliance, FinCEN regulatory matters, KYC and beneficial ownership due diligence, financial investigations, cross-border payments, banking compliance, and OFAC sanctions. We assist clients in developing preventive compliance frameworks, responding to financial institutions and regulators, investigating potentially problematic transactions, remediating compliance deficiencies, and defending against regulatory and enforcement actions.

For international clients, we place particular emphasis on matters involving cross-border financial flows, U.S. dollar transactions, correspondent banking, high-risk jurisdictions, complex ownership structures, and the intersection between AML and U.S. economic sanctions.