🔍 Crypto AML Tightening: Exchange KYC & Source‑of‑Funds Impact Deposits
Exchanges and payment partners are raising KYC and Source‑of‑Funds (SoF) scrutiny in 2025. Irish players who route casino deposits via exchanges should expect earlier prompts, cleaner wallet hygiene, and document requests at higher thresholds. The result: fewer frozen transfers—if you prepare.
What’s New
- Tiered SoF checks after cumulative thresholds
- Tighter address whitelists and label requirements
- More explicit chain guidance (ERC20 vs TRC20)
Exchange Readiness Matrix
| Area | Minimum | Better Practice | Outcome |
|---|---|---|---|
| KYC | ID + PoA on request | Pre‑verify before large flows | Fewer payout holds |
| SoF | Bank statements for spikes | Label recurring sources upfront | Faster reviews |
| Wallets | Ad‑hoc addresses | Whitelisted, labeled addresses | Lower false positives |
| Chains | Generic “USDT” | Exact chain (TRC20/ERC20) + test send | Fewer misroutes |
Two‑Column Cards
Player Checklist
- Complete KYC at the exchange before larger deposits
- Use a consistent, whitelisted payout address
- Match cashier network exactly; run a €5 test first
- Keep simple SoF docs for spikes (pay stubs, statements)
Operator Tips
- Show network and token explicitly in the cashier
- Offer labeled address books + warnings for new addresses
- Publish SoF examples and thresholds in help center
Troubleshooting Matrix
| Symptom | Likely Cause | Action |
|---|---|---|
| Exchange hold | SoF review pending | Provide bank statement / payslip; note purpose |
| Funds not credited | Wrong network | Verify chain; contact support with TX hash |
| Transfer returned | Unlabeled/unknown address | Whitelist and label; retry small test first |
Privacy & Safety
Share documents only via official portals. Avoid sending sensitive data over email. Keep address whitelists private and secured by 2FA.
FAQ
- Why now? Global AML guidance and exchange policy updates.
- Is TRC20 safer? It’s cheaper/faster; safety depends on correct routing and verified addresses.
- Can casinos help? Reputable sites provide exact chain/tooling and fast support for routing checks.
With clean routing, pre‑verified KYC, and simple SoF docs, crypto flows remain fast and predictable for Irish players in 2025.