For crypto & CASPs
KYB for crypto & CASPs
Crypto asset service providers onboarding business customers face the same beneficial-ownership requirement as any other obliged entity - under closer regulatory attention than most.
The threshold isn't automatically lower
It's a common assumption that crypto is treated as a flat higher-risk sector with a lower beneficial-ownership threshold by default. As things currently stand under the EU's AMLR, that isn't the case - crypto sits at the general 25% test unless a specific delegated act says otherwise. See the 25% UBO threshold, explained for exactly how that works, rather than assuming a stricter number applies.
Business customers can have unusually opaque structures
A business customer in this space can involve holding structures across multiple jurisdictions, some with limited register disclosure - making full ownership resolution more likely to hit a genuine, documented stop than a straightforward domestic business would.
Ongoing monitoring matters given how fast structures can shift
See KYB monitoring and perpetual KYB for why a one-time onboarding check isn't the end of the obligation.
Related
See it work on a real company.