Blockchain Business Compliance Checklist
The four-layer compliance checklist for blockchain businesses.
How to use
How to use: complete at launch and re-run quarterly. The layers are sequential - screening first, audit last.
Screening
- Wallet screen on every transaction (947 addresses)
- Name screen on counterparties (19,218 names)
- Jurisdiction screen on geography (16 embargoed)
- Bidirectional: outbound AND inbound
- Fail-closed on screen outage
Identity
- KYC at onboarding (identity verification)
- Beneficial ownership + 50% rule applied
- Sanctioned-adjacent jurisdictions flagged
Rails
- Travel rule messaging where VASP-to-VASP
- Custody layer screened
- Mixer/designated addresses blocked
Audit
- Every decision logged with list version
- Records retained 5 years (blocked transactions)
- Quarterly regulator-readiness drill
- Compliance owner designated
Why this exists
The EtherDelta, BitGo, and BitPay settlements all trace to layers on this list that were missing. The checklist is the difference between a policy and a pipeline.