AML Policy
View our AML policy to see how Accept Crypto collects mitigates and manages the risk of money laundering and terrorist financing risks.
Blacksalt Investments Pty Ltd (trading as Accept Crypto) abides by Australian regulation set out in the AML/CTF Act which requires Accept Crypto to adopt and maintain an Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) program and take a risk-based approach to identify, mitigate and manage the risk of money laundering and terrorist financing risks.
Accept Crypto is regulated by AUSTRAC as a digital currency exchange provider (DCE) and has been enrolled since July 2021.
Our compliance methodology includes some of the following measures;
- Know your customer checks (KYC) verification of all customers prior to trading. We use multiple for this process, including bronID and RapidID,
- Accept Crypto is obliged to report any suspicious activity to the relevant authorities.