New: update of the website

new website web.amlbot.com

We are glad to announce our new website for checking crypto addresses for connection with illegal activities web.amlbot.com. The website has become more convenient and now ♦️2 checks of the general Risk Score are available to new users for free after registration. Now you can use all AMLBot functions in one convenient interface: Check the […]

New: PDF-report is launched!

New: pdf reposrt is launched

Now, AMLBot automatically generates a PDF-report for the result of your check every time you screen the cryptocurrency address. You can find the document below every checking result and in the history of your checks on the website, in Telegram and via API. We are, at AMLBot, aware of the AML compliance requirements to document […]

AMLBot Checks Tether USDT ERC-20

AMLBot checks Tether USDT ERC-20

We are happy to announce support of USDT Tether (ERC-20) for checking in AMLBot. Please mind some limitations for Tether: there is general Risk only, no sources are provided; you can check wallet addresses only (not the transaction). Tether has long become a solid mainstay in the OTC market, as evidenced by the Market Cap […]

Final thoughts on changes in Estonia about cryptocurrency business

Final thoughts on changes in Estonia about cryptocurrency business

To continue our sequence of articles about “how not to lose the cryptocurrency license in Estonia” Nikolay has prepared a closing article about the general shift in Estonia in terms of cryptocurrency regulation. You can read about the first, second and third recommendations here on our blog. The fourth article is related to the attitude […]

Compliance matters. Recommendation 3

Compliance matters. Recommendation 3

To continue our sequence of articles about “how not to lose the cryptocurrency license in Estonia” Nikolay has prepared a third recommendation. You can read about the first and second recommendations here. The third recommendation is related to compliance, which is usually the core focus of the Estonian Financial Intelligence Unit. Disclaimer: This is not […]

Easy to receive the license, difficult to start the business. Recommendation 2

Check your partner not to lose crypto license in Estonia

To continue our sequence of articles about “How not to lose the cryptocurrency license in Estonia”, Nikolay has prepared a second recommendation. You can read about the first recommendation here and about why Nikolay is an expert in what he is saying here. The second recommendation is related to a legal requirement indicated in the […]

How not to lose the cryptocurrency license in Estonia. Recommendation 1.

Как не потерять криптолицензию в Эстонии

Recently, there were discussions regarding Estonia’s new law on cryptocurrency, the revocation of 500 crypto licenses in Estonia, and companies are exiting from Estonian regulatory jurisdiction. This month will be dedicated to the topic of how not to lose the cryptocurrency license in Estonia. It will consist of 4 articles. The purpose of these articles […]

Three reasons to have AML screening for cryptocurrency business

Три причины для AML проверок

There are at least three reasons why you need to use the AML cryptocurrency screening services in 2020. The cryptocurrency business is growing and developing every year. Today, if you have a cryptocurrency business, most probably you are using or you consider using AML screening service to be sure you do not accept “dirty” cryptocurrency. […]

Strategic partnership with NOWPayments

AMLBot has partnered with the cryptocurrency payment processing company NOWPayments. To improve their user experience and services, both parties have agreed to deploy each other. Cryptocurrency processing companies are also at risk of being used for transferring illegal crypto assets. In relationships between a customer, a payment service provider and a merchant, a payment service […]

True reasons why crypto companies lost their licenses in Estonia

Personal opinion of our fintech lawyer Nikolay Demchuk It was interesting to read articles on various news websites about 500 Estonian crypto companies losing their licenses in 2020. Why was it interesting? I believe the authors of these news websites are trying to create  hype by attributing the loss of licenses to the money laundering […]