AML & Sanctions Compliance Programs for Crypto

WilmerHale develops and manages comprehensive anti-money laundering and sanctions compliance programs for virtual currency businesses, cryptocurrency exchanges, and blockchain companies operating in complex regulatory environments.

Service Overview

Combining deep regulatory expertise in financial services with technical understanding of blockchain technology, WilmerHale delivers practical, actionable compliance guidance. The firm advises numerous US and foreign token issuers and blockchain companies on obligations under applicable AML and sanctions laws, helping them navigate the evolving regulatory landscape with confidence.

What's Included

Virtual Currency Exchange Compliance

• AML and sanctions compliance program development and documentation
• BSA recordkeeping and reporting requirements implementation
• FinCEN regulation compliance and guidance
• OFAC sanctions screening and compliance frameworks
• Federal and state money services business compliance
• Money transmitter licensing support

Financial Institution Crypto Advisory

• Counseling for regulated financial institutions accepting or transacting in cryptocurrency
• Compliance guidance for institutions considering virtual currency processing additions to product and service offerings

Token Issuer Compliance

• Ongoing advisory for token issuers on AML and sanctions law obligations
• Compliance framework development for token offerings and digital asset products

Why Choose WilmerHale

Since the inception of blockchain and cryptocurrency, WilmerHale has provided strategic advice to clients working in the blockchain ecosystem. The firm maintains strong relationships with key regulators including FinCEN, OFAC, SEC, CFTC, and state banking and securities authorities, enabling informed guidance on compliance requirements. WilmerHale's integrated approach combines legal expertise in financial regulation with practical understanding of blockchain technology and digital asset business models.