Compliance FAQ

​1. Does Offramp perform regulatory reporting on its users for tax purposes?

It's important to note that tax reporting is the user's sole and exclusive responsibility. This must be done in accordance with the domestic laws and regulations of the user's jurisdiction.

​2. Does Offramp report suspicious activity?

Offramp will report user activity to the relevant authorities and regulators in cases of strong suspicion of money laundering, terrorism financing, sanctions evasion, fraud, and other criminal activity.

​3. Do I have to undergo Know Your Customer (KYC) and Anti-Money Laundering (AML) screening to utilize Offramp?

Yes. Proper identification and risk assessment of every onboarding user is mandatory to ensure Offramp's adherence to applicable laws and regulations while fostering a secure and transparent environment for every user.