Commercial considerations locally.
WHAT BUSINESSES CONSIDER THEM FOR
Receiving international payment Paying international suppliers Holding value against currency movement Offering services to the sector
WHAT SERVING THE SECTOR MEANS
Providing hosting, development, exchange or advisory services.
WHAT THAT REQUIRES ESTABLISHING
Whether the activity is regulated Whether your banking partners permit it What customer verification applies
WHY BANKING PARTNERS MATTER
Accounts have been restricted for activity considered impermissible, regardless of legality.
WHAT TO ESTABLISH BEFORE OFFERING ANYTHING
The current regulatory position, verified directly.
WHAT TO NEVER PROVIDE SERVICES TO
Schemes promising fixed returns Platforms whose business is recruitment Anything you could not explain to a regulator
WHY THAT LAST TEST WORKS
It captures most of what should be avoided.
WHAT RISKS TO WEIGH
Reputational association Legal exposure Payment processor and bank relationships Customers harmed by what you enabled
WHAT TO DOCUMENT
Your due diligence on any client in this sector.
WHAT TO DECLINE
Work you have doubts about.
WHY
The commercial gain rarely justifies the exposure, and the harm falls on people who trusted the platform.
