Crypto Risk Assessment for Virtual Currency Businesses
Crypto carries a set of risks that a generic assessment misses almost entirely. We help virtual currency businesses identify and rate the money laundering risks their own activity actually carries in Canada.
Know the Risk Crypto Actually Carries
A crypto business faces risks a cash business never sees. The coins you support, anonymity features, cross-chain moves, and the wallets you touch all shape your exposure. A proper assessment identifies and rates all of it. We help you build a clear, documented view of the money laundering risk your virtual currency activity actually carries.
From Risk to Right-Sized Controls
A risk assessment only matters if it drives what you do next. Once your crypto risks are identified and rated, your controls should match them, stronger where risk is high and lighter where it is low. We help you turn the assessment into a proportionate set of controls, so your compliance effort lands on the real crypto risk rather than being spread evenly across everything.
Risk Identification
We identify the money laundering risks specific to your crypto activity.
Risk Rating
We rate each crypto risk you face, so exposure is clearly ranked.
Documented Assessment
We produce the clear, documented risk assessment the regime expects you to hold.
Control Alignment
We help you match your controls to the crypto risks identified.
Ready to Simplify Your Compliance?
Crypto Businesses We Assess
We support crypto exchanges, virtual currency dealers, crypto wallet providers, crypto transfer services, custody firms, and the other virtual currency businesses assessing their money laundering risk under the PCMLTFA in Canada.
We support banks with program design, oversight, & regulatory examination readiness.
We help credit unions meet obligations proportionate to their membership and scale.
We handle registration, renewals, reporting, & controls FINTRAC expects from you.
We cover Bank of Canada registration alongside your anti money laundering obligations.
We establish what your wallet activity triggers, then build only what applies.
We build compliance around what your product does, before volumes and questions arrive.
We register virtual currency dealers and build the reporting their activity demands.
We support financial institutions across registration, program build, and reporting duties.
Why Crypto Businesses Choose Us
Crypto Specific
We assess the risks unique to virtual currency, so nothing crypto specific is quietly missed by a generic template.
Clearly Documented
We produce an assessment you can show and defend, so it stands up when a regulator asks to see it.
Control Ready
We link your crypto risk to your controls, so the assessment actually shapes how you run compliance.
Serving Crypto Businesses Across Canada
We support crypto businesses right across Canada, from Toronto and Montreal to Vancouver and Calgary, and foreign virtual currency businesses assessing their Canadian risk wherever they happen to be based.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
Crypto Risk Assessment Questions
Clear answers to the questions crypto businesses ask most about assessing their money laundering risk across Canada under the PCMLTFA.
What is a crypto risk assessment?
It is a structured review that identifies and rates the money laundering risks specific to your virtual currency business.
Is a risk assessment required?
Yes. A documented risk assessment is a core requirement of the Canadian regime and underpins the rest of your crypto compliance.
What crypto risks does it cover?
The coins you support, anonymity features, cross-chain and cross-border flows, and the wallets and counterparties your business is exposed to.
How does this differ from crypto AML?
A risk assessment sizes your risk. Crypto AML is the ongoing program you build and run once that risk is understood.
How often should we reassess?
Regularly, and whenever your business changes materially, such as new coins, products, or markets that shift your risk profile.